Exchange Currency Service Provider

Exchange currency service provider is OOTB available in MS Dynamics AX and by default three AX provide three service exchange provider i.e. Central Bank of the Russian Federal, Central bank of Europe and Lithuanian Bank.

Following is the below screen for Exchange Rate provider which is Available in General Ledger Module

Path: General ledger /setup /Configure exchange rate providers

You must first set up the exchange rate provider you want to use, and AX 2012 R2 comes with 3 providers ready to use in General Ledger -> Setup -> Currency -> Configure Exchange Rate Providers:

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There is reset value option also available to restore default value.

After adding exchange rate provider run this service through batch Job exchange service as shown in below screen

Path: General ledger / Periodic / Import currency exchange rates

Import currency exchange rates batch job take Exchange rate type and exchange rate provider. If exchange rate type is not created then create it from General ledger / setup / Exchange rate type.

Prerequisite:

Before going to run Currency exchange batch job, make sure that all mentioned Exchange currency must create once in exchange rate type.

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Run this batch job

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After running Service provider batch job see today’s exchange currency rate in General ledger / setup / Exchange rate type.

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About the author

Faizan Khan is a technically oriented person with immense knowledge and experience in his field, most of which is related to technical consultancy in Microsoft Dynamics AX in customization as well as development. Faizan’s expertise ranges from .NET development to Reporting and Dynamics AX Development. His current position allows him to engage in various projects for requirement gathering and delivering technical training as well.

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