APP-PO-14258 no rate has been defined for this date

Hi,
When we are trying to receipt an error is appearing
APP-PO-14258 no rate has been defined for this date
Cause The rate type that you have entered uses pre-defined rates. No rate has been defined for the currnet rate type and rate date combination.
Action: Enter a rate date for which a rate has been defined
Please assist me.

Are you using foriegn currency?
If yes, You have to define exchange rate for that date.

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