ERPstuff - Oracle EBS Community

Hi All,

Client requirement is like this (in AP module, version R12)

They want to make payment other than invoice currency.
I know that we cannot make the payment if invoice currency is different from payment currency.

Can any one tel m the workaround solutions for the above question.

Waiting for your valuable replies

Regards,
Subramanian KN.

Hi Subramanian

You can payment an invoice with other currency that the invoice currency.

I think you can define in bank account forms enable the option Multiple Currency Payments in payable option tab.

Don't forget define a payment format enable multi-currency.

This way is used in R11i & I think it'll be available in R12.

Thanks
Hisham

Hi Hisham,

Even though i have enabled allow multiple curr in banks still when ever i am making payment through payment workbench Invoice currency is defaulted and it is in disable mode. I want to make payment other than invoice curr.

E.g:- Invoice is in USD and payment i want to do in AED.
So when ever i am choosing invoice no in payment workbench invoice currency is defaulted and v cannt override dat one. I tried with Scheduled payment and Pay in full options also. but invoice currency is defaulted and it is in disable mode. unable to change the currency in payment work bench.

Hi Subramanian

When you choose the bank number check about the format type for the document number.

May be the document number still has a one currency only. make a format accept multi currency then assign this format type to the payables document you want to pay from it.

Wait for your reply

Thanks
Hisham

Hi Subbu

We cannot make payment in other currency. We will have to make payment in invoice currency only. We also do not have work around on this issue as far as i know.

Folks correct me if i am wrong.

Thanks
Karan

Hi Hisham

Even the format is multi currency and it is attachmed to payment document but still unable to make it

karan - Dont say there would be no workaround solution...I heard there is work around solution for that (even idont know d solution) Think of it[?]

Hi Subbu

This is the extract from R12 AP user Guide.

"Payments must be made in the same currency as the invoice with the exception of
National Currencies transitioning to the Economic and Monetary Union (EMU)
currency of the Euro defined using an EMU Fixed rate type."

You cannot make payments in the currency other than your invoice currency except for National currencies transitioning to the Economic and Monetary Union (EMU).

Payables has been designed in that way.

Hope it is clear now..

Thanks

Karan

Hi Karan,

I also listen work around is there for different currency payments


Thanks
Swamy

Hi Swamy

Can u please let me know the work around for this issue?

Thanks

Karan

Dear Admin/Moderators

Please guide us in this issue.

Thanks

Karan

Refer Note No. 191093.1 in Metalink last revised in Sep 2003. It specifically states full cross currency (the ability to pay an invoice in a currency other than the invoice currency) in AP is scheduled for release in R12. This was part of enhancement request 322248.

[quote]Hi Subbu

This is the extract from R12 AP user Guide.

"Payments must be made in the same currency as the invoice with the exception of
National Currencies transitioning to the Economic and Monetary Union (EMU)
currency of the Euro defined using an EMU Fixed rate type."

You cannot make payments in the currency other than your invoice currency except for National currencies transitioning to the Economic and Monetary Union (EMU).

Payables has been designed in that way.

Hope it is clear now..

Thanks

Karan

<i><div align="right">Originally posted by kkmundhra

Dear Ramsabi

I am working on Oracle Applications : 12.0.2 and in this version cross currency payments are not allowed as far as i know.

However we can make the payments outside payables in currency other than invoice currency.

Thanks
Karan

Hi Karan,

Yes I am aware that the functionality is not available in R12. The point I was trying to make was that Oracle promised the functionality way back in 2003 !!! And did not keep up the promise !!!

[quote]Dear Ramsabi

I am working on Oracle Applications : 12.0.2 and in this version cross currency payments are not allowed as far as i know.

However we can make the payments outside payables in currency other than invoice currency.

Thanks
Karan

<i><div align="right">Originally posted by kkmundhra

Hi Subbu

The below given example will help you i think.

1.Original Invoice-INR 4000

Supplier asked us to pay in USD.

2. Raise a CM against the original invoice for INR 4000

3. Convert the INR amount to USD

1 USD=40 INR

4. Raise a Dummy invoice for 100 USD & continue with the payment in USD.

Hope this helps.

Thanks

Karan