How to enable automatic exchange rates for USD to EGP

ERPNext Accounting
1

Hi,

I have my main currency as EGP. When I try to create a purchase invoice with a supplier that has USD as currency, I get a message that says no exchange rate available. I had to create an exchange from USD to EGP and set the rate manually.

I need that the rate changes automatically with each purchase invoice I create, but this does not happen currently.

I read that ERPNext reads exchange rates automatically from fixer.io, but this seems not working.

Is there a setting that I should do to enable this feature?

Thanks,

Ahmed

2

Hi,
You can do this with “Currency Exchange”

1.Go to “Currency Exchange” form
select Currency From and To and Set rate and save form
2.Go to Supplier form
-select supplier ‘Billing Currency’ as “USD”. and save form
3.when you create Purchase invoice and select that supplier
then Currency and Exchange rate will be populated.