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Question

Business planning - Currency rate type error

  • January 18, 2023
  • 3 replies
  • 162 views

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I have watched the IFS Business planning videos in academy and when trying to execute the planning rule for AR balances I get an error ‘’ The currency code GBP is not valid in the currency rate type 1 in company...’’


I have checked that the GBP currency is valid in the currency type 1, and I have also updated the currency rates. Also, the same currency rates and type 1 is used for the business plan that I’m using. See attachments for more info.

3 replies

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  • Do Gooder (Partner)
  • 28 replies
  • January 26, 2023

This may sound odd, but worth a try?  Have you tried entering GBP in the Reporting currency in the Business Plan?

 


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  • Author
  • Hero (Employee)
  • 58 replies
  • January 27, 2023

Hi CBKLeasure and thank you for your reply,

I tried that also but it gives me the same error. 

 


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  • Hero (Partner)
  • 29 replies
  • April 22, 2025

Hi,

Did anyone find the solution here? I have the same problem.

Thanks,
Chris