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