Symptom
You find the total Actual Costs values in App Revenue Recognition (Event-Based) - Projects and App Review Customer Projects. The exchange rate between 2 currencies is not easy to understand.
Environment
SAP S/4HANA Cloud Public Edition
Reproducing the Issue
Check the total Actual Costs values in App Revenue Recognition (Event-Based) - Projects and App Review Customer Projects.
Cause
The total Actual Costs field shows the sum value for all the Actual Costs happened on the project. Different exchange rates may be used since the actual postings happened on different dates. It's not correct to compare total Actual Costs between currencies, since the values were calculated with mixed exchange rate.
It's also explained in Page 126 of Revenue Recognition Cookbook:
For revenue recognition, the system takes the exchange rate
at project creation date.
Resolution
You should analyze exchange rate on posting level, not on total value.
If the project is set to "Completed" and if you execute Revenue Recognition for the project, the system will balance the values in different currencies.
Keywords
group currency, company code currency, month end closing, exchange rate, revenue recognition. , KBA , CO-PC-OBJ-EBR-2CL , Event-Based Revenue Recognition (Public Cloud) , CA-CPD-SS , S/4HANA Public Cloud – Professional Service Projects , Problem