Account 'Exchange rate profit' not found (check file and accounting properties)

Causes

1. The account for foreign exchange profit and loss is missing in the Chart of Accounts.
2. The account (or accounts) allocated to foreign exchange profit and loss is/are missing in the Properties file.

Solutions

1. Insert an account for foreign exchange differences in the Chart of Accounts, or two different accounts: Profit on Foreign Exchange and Loss on Foreign Exchange, in the relevant sections.
2. Select the profit and loss accounts in the Foreign currency tab of the File and accounting properties file. If there is one single account for Foreign Exchange differences in the Chart of Accounts, it will need to be selected either in the Account for exchange profit or Account for exchange rate loss box.