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Finance | Project Operations, Human Resources, ...
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Error "exchange rate missing" when creating project invoice proposal

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Posted on by 12

Hi all,

we have had a customer, project and project transactions in EUR.Now we have to create invoices for that customer in USD, that's why we changed currency of customer and  project in USD(everything in the testsystem for now).

We adjusted one existing  transaction from EUR to USD, but when creating an invoice proposal we get an error like "Exchange rate USD to EUR is missing". I get also the same error, even if I create a complete new transaction in USD(without project adjustments).

Actually the exchange rate is not missing:  we have daily rates from European central Bank (EUR to USD) in our system; the curreny of this legal entity is EUR.

I cannot also create the reciprocal exchange rate USD to EUR, AX doesn't allow that.

Any idea, what should I check else? or how can I fix the error?

Thank you!

I have the same question (0)
  • Suggested answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Error "exchange rate missing" when creating project invoice proposal

    Hello JuleWergne,

    What you describe sounds like a bug.

    Have you already checked LCS for available hotfixes?

    Best regards,

    Ludwig

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at
    RE: Error "exchange rate missing" when creating project invoice proposal

    Good morning JuleWergne,

    Have you been able to make some progress with this issue and have you been able to get it fixed in the meantime?

    Best regards,

    Ludwig

  • Maria Pasnicu Profile Picture
    on at
    RE: Error "exchange rate missing" when creating project invoice proposal

    Hi, I have just done the same steps in a 10.0.10 environment and was not able to replicate this issue. The invoice proposal posted just fine. Steps I took:

    1. Create a new T&M proj - no WIP - & contract - in USD

    2. Post an hour journal on this project -> sales currency USD - 200

    3. Modify the contract - sales currency - from USD to EUR

    4. Adjust the proj hour trans - sales currency & price - EUR - 300

    5. Create the invoice proposal -> it posts without an error.

    Could you please indicate if you know of a different step you took that could trigger the error?

    Thank you,

    Maria

  • Verified answer
    JuleWergne Profile Picture
    12 on at
    RE: Error "exchange rate missing" when creating project invoice proposal

    Hi all,

    we have debugged the error with our developer today and found out, that the error was caused by our another customization. So it works fine in standard AX.

    This thread can be closed.

    Thank you for the help!

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