2799939 - Error message: 'Currency conversion failed due to missing exchange rates' While Posting a Bank Statement

Error message: 'Currency conversion failed due to missing exchange rates. Maintain the exchange rates for conversion from DEF (refers to source currency) to PQR (Target currency) for Mid Rate while posting the bank statement'.

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1. Go to the Liquidity Management work center.
2. Go to the Bank Statements view.
3. Select the Bank statement which is In Preparation with Bank Account ID 123 (123 refers to the bank account).
4. Click Post button.
5. Error is displayed: 'Maintain the exchange rates for conversion from DEF (refers to source currency) to PQR (target currency) for Mid Rate while posting the bank statement'. 

The exchange rate from DEF (refers to source currency) to PQR (target currency) for Mid Rate is missing for the Currency Conversion Profile and which uses Posting Date as conversion date. This has to be maintained.

You need to maintain exchange rate for DEF (refers to source currency) to PQR (target currency) for the Currency Conversion Profile, as follows:

1. Go to the General Ledger work center.
2. Open the Edit Exchange Rates view in the Common Tasks section.
3. Maintain the relevant exchange rate between Source Currency: DEF to Target Currency: PQR.
4. Confirm the entries by clicking Save and Close.

Now you will be able to post the Bank Statement.

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