AGIS: Error when Approving Inbound Transaction: Exchange Rate Is Not Found or Invalid (Doc ID 1626335.1)

Last updated on MARCH 08, 2017

Applies to:

Oracle General Ledger - Version 12.0.1 and later
Oracle Financials Common Modules - Version 12.0.1 and later
Information in this document applies to any platform.

Symptoms

1. When trying to approve an AGIS Inbound transaction, the error below is returned:

      Exchange rate is not found or invalid.

2. AGIS batch is entered in CNY currency, while functional currency of recipient ledger is MNT.

3. The Conversion Rate Type for AGIS transactions is Spot (navigation: Setup > System Options )
4. For Spot rate type, a conversion rate already exists between CNY/MNT for 31-Jan-2014 which represents the batch date and GL date of the transaction.

Cause

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