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I have set up the accounting currency as Euro. I have defined the exchange rate between INR and EUR as 0.32, starting on September 30, 2024, under the exchange rate type 'default.' I have also assigned the same exchange rate type in my ledger.
Now, when I try to post a transaction in INR dated October 16, the system is picking a different exchange rate (0.01111).
I need help understanding what might be missing
Since it’s a Euro currency, triangulation might be enabled. If triangulation is enabled, go to
General Ledger > Currencies > Denomination Currencies
and check the exchange between INR and EUR
Regards,
Bharath Jain
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