on 08-24-2011 5:57 PM
Hi All,
We have an issue in currency exchange rates for contracts booked in PS and non PS currency. This is causing issues when we try to recognize the revenue. We have two issues here one is Contract is booked in USD and the project is setup in non-USD and another one is Contract is booked in non-USD and the project currency is different from Contract currency.
Please help me to solve this issue.
Thanks
Uday
Hi,
Can you please elaborate further on the issue. At what step are you facing the issue? And what is activity you are doing at which you are getting the error? And provide error message number / details
Regards
Sreekanth
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Hi,
It is during revenue recognition. The exchange rate gain/loss values are in $. So there we are facing the problem, because if the PS is non USD and contract is USD the problem exist. And if contract is non USD and PS is in EUR then we are getting exchange rate issues. Because the contracts are booked in one period and revenue recog is done in another period.
Thanks
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