SAP Knowledge Base Article - Public

3611255 - Need to know which exchange rate is used in revenue recognition period end closing

Symptom

The exchange rate used in revenue recognition period end closing is unclear.

Environment

SAP S/4HANA Cloud Public Edition

Cause

In standard, EBRR uses the frozen rate of the project creation date to calculate WIP, which allows profitability reporting for project managers based on origin rate.

Resolution

The exchange rate used for revenue recognition period end closing is the one valid on the project creation date with exchange rate type 'M'.
The project creation date could be found easily via APP 'Event Based Revenue Recognition - Projects', choose the 'Revalue' button,
click 'Simulate'->'Explain Simulation', the project creation date could be found in Step 9:
Document date / posting date / value date for currency translation (Creation date of object): MM/DD/YYYY / MM/DD/YYYY / MM/DD/YYYY

Keywords

EBRR, exchange rate, JE creation date, posting date, project creation date, revenue recognition. , KBA , CO-PC-OBJ-EBR-2CL , Event-Based Revenue Recognition (Public Cloud) , Problem

Product

SAP S/4HANA Cloud Public Edition all versions