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Finance | Project Operations, Human Resources, ...
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Foreign currency revaluation asks for a currency setup in another exchange rate type

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Posted on by 298
I have two companies (legal entities): India and Dubai.
I also two exchange rate types assigned as below:
India- India FX
Dubai - Dubai FX
I have exchange rate setup for SAR<>AED for Dubai FX alone. 
 
When I am trying to do the FCR in Dubai entity, it also asks to setup SAR<>AED in India FX. I am not sure the cause of this error. Is it the standard behavior? I have assigned the correct exchange rate types in both the organizations. 

 
Your help will be greatly appreciated. 
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  • Suggested answer
    Paolo Cecchelli Profile Picture
    415 on at
    Hi,
     
    can you check the following: is it pssibile that in the Ledger setup, apart for the "Accounting currency exchange rate type" you have a the "Reporting Currency exchange rate type" also setup for the reporing currency? Because in that case if it is set to "India FX" you are revaluating annd dndia FX is there I am pretty sure you a  lso have to set it up for that one:
     

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