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Query - An exchange rate cannot be found for exchange rate type xxx-Default between currencies INR and USD on exchange date 6/8/2021.

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Posted on by Ankit_Finance

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Dear D365 FO Experts,

I am facing an issue. Till last day i was easily creating the invoicing in purchase order. But today it starting showing below error.

I had updated the rates in "Currency exchange rates", but it still showing the error. I tried to remove and update rate again but still it is showing the same error.

PO is in Currency INR. Reporting currency setup in Ledger is USD.

But it is working in vendor invoice journal very well. Its creating problem in invoicing through PO.

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saurabh bharti 15,039 Moderator on at

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Was this PO created earlier before setting up this exchange?

Can you check on PO header if there is any info related to this? or Invoice header as well while creating invoice?

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Ankit_Finance 137 on at

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Dear Mr. Saurabh,

Yes, this PO was created before exchange rate setup. PO was created for 3 quantities in April, out of which 1 quantity had received in April. Now 1 more quantity received in June. Now I am trying to create invoice but it is showing this error.

I had checked on PO header, there is no such information related to that.

Also I am trying to create a new sales order, but it is showing the same error.

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Ankit_Finance 137 on at

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More findings :

When i use the "Default - Default Global Rate" which is already in the system, in my ledger setup, then this issue not appears,

But when i use my own created exchange rate type, this issue is appearing.

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Felipe Langarica 4 on at

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Had same issue, and figure out that someone change the system currency, be sure that is aligned to you main currency (EUR in our case)

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