ERPstuff - Oracle EBS Community

Dear All
Is it possible to make receipt in Foreign Currency and bank charges in Domestic currency ? Also explain as to whether the same can be applied to invoice raised in Domestic currency ?

Also explain as to why Bank Charges are added to Receipt Amount ?

Hi,

You can enter a receipt in foreign currency if foreign currency is enabled in your system like USD. and you can match against your Domestic currency INR, system will calculate exchange diff. gain or loss based on the rate intered in GL Rates - daily.

Regarding Bank charges included in Receipt, need more clarification, charges you can enter either in Accounts payable or General Ledger.


William.