I have requirement where the Invoice given by supplier is in
USD, but the payment can be done in GBP. Is it possible in AP?
Answers were Sorted based on User's Feedback
Not possible (even from MRC) you have to create invoice with gbp then make payment. Cross currency payment is possible in oracle fusion but ont in R12
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Answer / kruthi
Invoice Currency is USD,You have to make the payment also same currency.
If you are enabled MRC then u can make the payment GBP also.
You have to enable to allways MRC.Then only it will allow the foreign currency payments.
Is This Answer Correct ? | 2 Yes | 3 No |
Yes we can make multi currency payments....There is a small setup we have to enable multi Allow multiple currency check box at bank level and also make sure that conversion rates are defined between the currencies
Is This Answer Correct ? | 1 Yes | 4 No |
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