Multicurrency Processing of Invoice Generation

The Invoice Generation program for JD Edwards EnterpriseOne Service Billing (R48121) and the Invoice Generation program for JD Edwards EnterpriseOne Contract Billing (R52121) each include a processing option that enables you to specify the date on which you want to base the exchange rate.

This processing option specifies whether to find the exchange rate table based on the date of the invoice or on the G/L date, as identified in the processing option. If you choose to post all transactions to the last day of the month but you change the exchange rate tables daily, you probably want to select the exchange rate tables based on the invoice date.

Conversely, if you want all currency transactions to be calculated based on the date that you post, you specify to retrieve the exchange rate based on the G/L date. The Exchange Rate Date Basis processing option is required whether you create the invoices using the batch method or the interactive method. If you do not make an initial selection, the default is 1, or Invoice Date. The exchange rate used for the Invoice Generation program is updated in the Invoice Exchange Rate field of the Billing Detail Workfile table (F4812).

The report that the Invoice Generation program prints reflects the invoice amount in the currency of the company or in the domestic currency.