Hi Gurus
We are booking Contracts in Foreign Currency. The Conversion Type is ‘Corporate’. Most of the Contracts have Print Lead Days of say 15 days
When the Invoicing is run for these contracts, we see that the Conversion rate used is as on the date the Invoice got generated – not the transaction date. Example below:
Print Lead Days: 15
Invoicing Run on: 17-Jul-14 (Conversion Rate: 12.55)
Invoice Created for Date: 01-Aug-14 (Conversion Rate 13.16)
The AR Invoice created with the Transaction Date of 01-Aug-14 is using the conversion rate 12.55 – which is not what we require
Any thoughts on why this could be happening? Is this based on any configuration or does it look like a bug?
Thanks in advance
Naga