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Running PPR for Multi Currency

 

Proof of Concept (POC) Document for Payment Process Request (PPR)

 

Requirement:

As an AP Specialist, I want to be able to generate payment instruction files for multiple currencies and all payment methods for efficient payment processing.

Comments: We can generate payment instructions in the seeded payment format provided by Oracle or using a customized payment format to pay off invoices in multiple currencies and all payment methods.

 

 

1. Upload Exchange Rates

2. Create Invoices

3. Run Payment Process Profile (PPR)

 

1.    Upload Exchange Rates

Upload Exchange Rates in the system. And create invoices on the currencies which are uploaded in the system. In this I have uploaded exchange rates for USD, GBP, AUD.

 

 

2.    Create Invoices

 

Create Invoices in the system by taking the functional currency and payment currency as foreign currency. In this I have created three invoices in the system. And the invoice numbers are INV SSS, INV XXX, INV NNN.

 

 

 

 

 

 

Here I have created Invoice with CAD and the payment currency is AUD.

 

 

 

Here I have created the invoice with CAD and the payment currency is USD

 

 

 

 

 

 

 

 

 

 

 

 

Here I have created Invoice with CAD and Payment currency as GBP

 

 

 

3.    Run Payment Process Profile (PPR)

 

After creating invoices run Payment Process Profile (PPR). System will pick invoices automatically. Provide the selection criteria so that system will pick the invoices.

 

I had performed a PPR in the system and it created payment documents.

 

 

 

 

Here provide the selection criteria so that system will pick invoices automatically.

 

 

 

 

 

Here we can see the payment details which are picked for payment by the system.

 

 

Here we can see the payment document number which was generated by the system. The payment currency is AUD.

 

 

 

 

Here system has generated payment document for the payment currency of GBP

 

 

 

Here system created a payment document and the payment currency is USD

 

 

 

 

 

 

 

 

 

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