3661428 - System uses invoice date exchange rate instead of month-end exchange rate for revenue recognition in event-based revenue recognition

System is picking project creation date exchange rate to calculate the billing value in company code currency and during revenue recognition run, its calculation deferred revenue with invoice date exchange rate however as per IFRS. It must consider the exchange rate prevailing on the date on which revenue recognized (month end).

SAP S/4HANA Cloud Public Edition 

1. Create a customer project.
2. Post a billing document.
3. Run revenue recognition for the project.

This is standard EBRR behavior for differed posting based on invoice. EBRR is using same currency rate as it is used in invoice (EBRR is taking value from FI) .
EBRR behavior is by design, that EBRR is using “frozen currency rate” based on WBS billing element creation date for period end closing run.
Currently, the different currencies are not available in the system, and there are no immediate plans to implement it at this time.

But, EBRR is planning to deliver new recognition key SPPC1X for CE2602 ,which will use new currency handling .This key is more suitable for project plan in different currency than company code currency.   

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