Missing currency conversion setup in Infor M3 Supplier Rebate

Solution: If the PO details matches the agreement criteria, but still no accrual is created, verify that the needed data to convert the PO currency to the agreement currency is available.

  1. Open Currency Rate Query.
  2. From the agreement in the Exchange Rate Type under Primary Criteria, specify the Exchange Rate Type.
  3. Under the Additional Criteria, select Currency and specify the currency of the PO.
  4. Click Add, then click Apply.
  5. Sort by date.

    The latest date is the effective rate to convert the currency to the local currency. Repeat steps 3-5 to verify the conversion setup for the agreement currency to the local currency.

    If no record is retrieved in Currency Rate Query, verify that a currency conversion setup exists in 'Exchange Rate Type. Open' (CRS056). If setup exists, you can run an initial load for CurrencyExhangeRateMaster to send this information to Infor M3 Supplier Rebate database.

    Once setup is complete, you must regenerate the agreement to trigger the computation of accruals considering the new currency exchange rate setup.