web
You’re offline. This is a read only version of the page.
close
Skip to main content

Announcements

News and Announcements icon
Community site session details

Community site session details

Session Id :
Finance | Project Operations, Human Resources, ...
Answered

default exchange rate type

(0) ShareShare
ReportReport
Posted on by

Posting journal in EUR I receive message:

  1. The default exchange rate type has not been specified for ledger xxx, and is required to retrieve exchange rate information.

Where I can configure default exchange rate?

I have the same question (0)
  • Bharath jain Profile Picture
    1,578 Super User 2026 Season 1 on at

    Hi,

    Kindly go through the below link, which explains on exchange rate setup and posting transaction.

    www.youtube.com/watch

    Regards,

    Bharath Jain.

  • Bharath jain Profile Picture
    1,578 Super User 2026 Season 1 on at

    You can setup currency exchange rate type in GL - Currencies - currency exchange rate type. Select the same exchange rate type in currency exchange rate.

    In Ledger setup select the default exchange rate type for "Accounting currency exchange rate type".

  • Verified answer
    saurabh bharti Profile Picture
    15,059 Moderator on at

    You can check following:

    1. General Ledger > Chart of account > Main account > Select Ledger > Exchange rate type

    2. General Ledger > Setup > Ledger

  • Suggested answer
    Sheela Ningappa Profile Picture
    Microsoft Employee on at

    Hi,

    Please verify the set ups on the Ledger form and also the exchange rate defined on the currencies form.

    Thanks,

    Sheela

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Season of Sharing Community Challenge Winners!

Congratulations to our community stars!

Women in Power Builds Momentum

Expanding mentorship, skilling, and AI innovation

Congratulations to the June Top 10 Community Leaders

These are the community rock stars!

Leaderboard > Finance | Project Operations, Human Resources, AX, GP, SL

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 412 Super User 2026 Season 1

#2
Subra Profile Picture

Subra 396

#3
Martin Dráb Profile Picture

Martin Dráb 261 Most Valuable Professional

Last 30 days Overall leaderboard

Product updates

Dynamics 365 release plans