We are using Multicurrency with AP (as well as other modules). Our Home Currency is CAD.

We are entering an Invoice batch for USD Vendors.

In AP Invoices as well as Checks, as soon as we enter the Vendor code & press tab, the Currency on the Header displays: USD (which is correct). However, the Exchange Rate displays as 0.00000.

We have to go in to this field to select the Rate.

Can’t we have the Rate default automatically to the Rate that we have entered in the Multicurrency Rates, based on the Date on the transaction?

(Adagio would know which Rate Type to use as the default, since it has been entered on the Vendor's Ctrl Account Set.)