This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
Hi there,
I am facing one strange issue. In AR, we created one receipt. We applied transactions to that and against some transactions we are getting "Exchange gain/loss".
What is confusing us is we did not define any currency other than INR in Currencies. Can anyone let me know why that exchange gain/loss has come even though we did not define more than one currency.
If the transactions have been recorded in any other currency, an application of a receipt will create exchange gain/loss. Please check if the transaction currency and the receipt currency is different from the functional currency for the ledger
