purchasing of inventory with foreign currency down payment
When a material is received against the PO, the material cost should consider the historical rate of the foreign currency down payment as according to this article about IFRS 21 (Accounting for Prepayments in Foreign Currency under IFRS).
Example: local currency is EUR
1. (ME21N) PO created - 100,000USD (USD/EUR rate is 1.33) => 75,187.97EUR
2. (ME2DP) Down payment created - 30,000USD (rate is 1.33) => 22,556.39EUR
Dr. Down payment - 22,556.39
Cr. Cash - 22,556.39
3. (MIGO) Goods receipt - 100,000USD (rate is 1.36) => 73,529.41EUR
Dr. Inventory - 73,529.41EUR
Cr. GRIR - 73,529.41EUR
4. (MIRO) Invoice & DP clearing is done (rate is 1.36) => DP is cleared with historical rate 1.33, but Inventory cost is not considered.
Down payment clearing:
Dr. Down Payment - 22,556.39
Cr. AP - 22,556.39
Dr. GRIR - 73,529.41EUR
Cr. AP - 73,529.41EUR
Why isn't DP amount affecting inventory cost?