WIP Reversal currency does not match original transaction on multi-currency projects

Date: 2/7/2026

Status: Under Investigation

Reference: ADV-79511

Issue

WIP Reversal PM Transaction's currency is different from the original PM transaction(PM304000) when the WIP reversal is automatically generated when billing the Customer. The issue exists for multi-currency projects

Workaround

1. After the incorrect WIP Reversal PM transaction is released, open it on PM304000. Copy the document and create a new one, flip the sign of the Amount and Quantity to positive, in the Description specify "Correction of WIP Reversal", and release it. This offsets the incorrect transaction and restores the WIP balance to the correct project currency amount before reversal.
2. Open the original Allocation PM transaction on PM304000 and click Reverse Allocation. Release the generated Allocation Reversal. This correctly reverses the WIP in project currency using the proper exchange rate.
3. Release the Pro Forma Invoice and generated AR Invoice. A new Allocation transaction is generated on AR Invoice release - open it and click Reverse Allocation to create and release the reversal.
4. Verify the Balances tab on the project, income and expense balances match AR invoice and AP bills totals.
5. This workaround needs to be repeated for each billing cycle until the fix is delivered.