To enable you to process transactions that involve currencies other than the project currency, Oracle Projects provides currency fields for expenditures and expenditure items.
Notes:
In general, when rate type, rate date, and rate fields are displayed for a currency, you can enter the rate only if the rate type is User. Otherwise, the rate is calculated by the system based on the rate type and rate date.
The Expenditure Items window is a folder-type window, and many of the fields are not displayed in the default folder. You may want to create folders that display the fields you need, for the types of entries you need to make.
For information on using folders, see the Oracle E-Business Suite User's Guide.
Each of the attributes is determined separately. That is, if a rate type is overridden at one level, but no rate date is entered at that level, the entered rate type is used and the default rate date is used.
For additional information about entering multiple currency transactions, including how default currency attributes are determined, see: Converting Multiple Currencies.
The currency fields for expenditure items are shown in the following table:
| Fields | Description |
|---|---|
| Transaction Currency | The transaction currency code. Enter the code for the currency in which the transaction occurred. |
| Functional Currency | The currency code for the functional currency (display only). |
| Functional Rate Type, Functional Rate Date, Functional Exchange Rate | The currency attributes for the functional currency. |
| Project Currency | The currency code for the project currency (display only). |
| Project Rate Type, Project Rate Date, Project Exchange Rate | If the project currency is the same as the functional currency, these fields are display-only. They display the same values as the functional currency attribute fields. If the project currency is not the same as the functional currency, you can enter these currency attributes. |