{"id":20911,"date":"2020-10-28T07:24:00","date_gmt":"2020-10-28T07:24:00","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagex3\/?p=20911"},"modified":"2024-11-26T10:12:15","modified_gmt":"2024-11-26T10:12:15","slug":"how-to-solve-no-currency-exchange-rate-error-on-payment-screen","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagex3\/2020\/10\/28\/how-to-solve-no-currency-exchange-rate-error-on-payment-screen\/","title":{"rendered":"How to solve “No currency exchange rate” error on payment screen"},"content":{"rendered":"\n

As you all know, multi-currency is the key feature for Sage X3<\/a>. With the multi-currency support, you can define Suppliers\/Customers in Sage X3 with different currencies such as INR, USD, AUD, EURO, etc. This helps the user to do the ERP transactions in various currencies depending on the Supplier\/Customer currency. But sometimes, you may face an error \u201cNo currency exchange rate\u201d while creating payment entries.<\/p>\n\n\n\n

Now we will see, why this error occurs and how to fix this?<\/p>\n\n\n\n

Suppose, Purchase Invoice is created against supplier who is having currency other than INR and user is trying to create payment entry against the same invoice then it does not allow to create payment entry against that invoice because of the currency rate error. This error occurs because it does not get currency exchange rate to calculate the amount in INR.<\/p>\n\n\n\n

For Example \u2013 We have created Purchase Invoice – 1012010PINV00004 for Supplier SD0012 whose currency is USD which is already defined in Supplier master. As you can see in the below screenshot, we have selected same invoice from open items for SD0012 supplier in Payment entry screen but it is not allowing to create entry and giving an error \u201cNo currency exchange rate USD -> INR\u201d.<\/p>\n\n\n\n

New Stuff: <\/strong>Restrict Purchase Order based on Open SO amount<\/a><\/p>\n\n\n\n

\"[No<\/a><\/center>\n
[No currency exchange rate error on Payment screen]<\/center><\/font>\n\n\n\n

To solve this error, only one simple solution is needed. You have to add currency rate for that particular currency in Currency Rate master.<\/p>\n\n\n\n

Path: Common Data-> Common Tables -> Currency rates<\/p>\n\n\n\n

\"[Currency<\/a><\/center>\n
[Currency Rate]<\/center><\/font>\n\n\n\n

As shown in the above screenshot, we have defined the currency rate for USD and saved the data in currency rate master.<\/p>\n\n\n\n

After that, we tried to create payment entry again in which we have selected same invoice from open items for SD0012 supplier and entered all the required details in Payment entry screen. The Payment Number – SPIN2010101000001 is generated without any currency rate error and payment entry for that particular supplier is created successfully.<\/p>\n\n\n\n

\"[Payment<\/a><\/center>\n
[Payment Number – SPIN2010101000001]<\/center><\/font>\n\n\n\n

Sometimes same error occurs on Receipt screen while creating Receipt entry for customer. Customer who is having currency other than INR may get \u201cNo currency exchange rate\u201d error on the receipt entry screen. You can solve this error too by following the same steps which we have mentioned above for payment screen.<\/p>\n\n\n\n

Hence by defining currency rate in Currency Rate master, user can easily solve \u201cNo currency exchange rate\u201d error on Payment as well as Receipt screens.<\/p>\n\n\n\n

About Us<\/strong><\/h2>\n\n\n\n

Greytrix \u2013 a globally recognized and one of the oldest Sage Development Partners is a one-stop solution provider for Sage ERP and Sage CRM organizational needs. Being acknowledged and rewarded for multi-man years of experience and expertise, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third-party add-on development, and implementation competence.<\/p>\n\n\n\n

Greytrix has some unique integration solutions developed for Sage CRM<\/a> with Sage ERPs namely Sage X3<\/a>, Sage Intacct<\/a>, Sage 100<\/a>, Sage 500<\/a>, and Sage 300<\/a>. We also offer best-in-class Sage ERP and Sage CRM customization and development services to Business Partners, End Users, and Sage PSG worldwide. Greytrix helps in the migration of Sage CRM from Salesforce | ACT! | SalesLogix | Goldmine | Sugar CRM | Maximizer. Our Sage CRM Product Suite includes addons like  Greytrix Business Manager, Sage CRM Project Manager, Sage CRM Resource Planner, Sage CRM Contract Manager, Sage CRM Event Manager, Sage CRM Budget Planner, Gmail Integration, Sage CRM Mobile Service Signature, Sage CRM CTI Framework.<\/p>\n\n\n\n

Greytrix is a recognized Sage Champion Partner for GUMU™ Sage X3 \u2013 Sage CRM integration listed on Sage Marketplace<\/a> and Sage CRM \u2013 Sage Intacct integration listed on Sage Intacct Marketplace<\/a>. The GUMU™ Cloud framework<\/a> by Greytrix forms the backbone of cloud integrations that are managed in real-time for the processing and execution of application programs at the click of a button.<\/p>\n\n\n\n

For more information on our integration solutions, please contact us at sage@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"

As you all know, multi-currency is the key feature for Sage X3. With the multi-currency support, you can define Suppliers\/Customers in Sage X3 with different currencies such as INR, USD, AUD, EURO, etc. This helps the user to do the ERP transactions in various currencies depending on the Supplier\/Customer currency. But sometimes, you may face\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,5,10],"tags":[3127,3025,2573,3128,1780,1822,2841],"class_list":["post-20911","post","type-post","status-publish","format-standard","hentry","category-sage-erp-x3","category-features","category-standard","tag-currency-exchange-rate","tag-customers","tag-payment-screen","tag-receipt-screen","tag-sage-erp-x3","tag-sage-x3","tag-suppliers"],"_links":{"self":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/comments?post=20911"}],"version-history":[{"count":9,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20911\/revisions"}],"predecessor-version":[{"id":30253,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/posts\/20911\/revisions\/30253"}],"wp:attachment":[{"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/media?parent=20911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/categories?post=20911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greytrix.com\/blogs\/sagex3\/wp-json\/wp\/v2\/tags?post=20911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}