First, you need to specify in the company settings which type should be used for downloading the daily, monthly, or annual exchange rate.
Warning: always fill in either only the daily rate, or the monthly / annual rate; if you fill in both, the exchange rate download will not work correctly!
Daily exchange rate setup:
go to the menu Company – Settings – Other tab,
in the Daily Rate field, select either From the current day or From the previous day,
the value Daily will then be automatically populated in the Rate Download Method field under Tools – Codelists – Currencies.
We recommend selecting From the previous day, as the Czech National Bank publishes the exchange rate for a given day at around 2:00 PM. If you were to issue a foreign currency invoice at, for example, 10:00 AM, the system would still download the previous day's rate, since the rate for the current day would not yet be available.
Note: once you download the exchange rate once per day, the Flexi system will "retain" it and will not allow another rate to be downloaded on the same day. A new rate can therefore only be downloaded the following day.
Monthly / annual exchange rate setup:
go to the menu Company – Settings – Other tab,
select a value in the Monthly / Annual Rate field,
then go to Tools – Codelists – Currencies and manually fill in the Rate Download Method field – double-click it and in the newly opened window enter the value Monthly or Annually.
