In my last post, I discussed how the Project Billing module uses currencies when generating revenue. In this post, I would like to examine how the Project Billing module uses currencies when generating invoices. Project Billing uses the same currencies as revenue with one exception. Billing has one more currency, the invoice currency. When generating [...]
Like my post on using multiple currencies in Project Costing, I would like to use an example to explain how currencies work during revenue generation. For revenue, you can have up to six currencies. These currencies are project functional, project, agreement, bill rate schedule, billing event, and billing transaction. For my revenue example, I will [...]
I think the best way to explain how the Oracle Project Cost module uses currencies in a global project is with an example. In my global project example, we’ll have three operating units (US, UK, and Finland). Since the project is lead from the US, we’ll setup the project in the US operating unit. This [...]
