Exchange rate updates

Automatically retrieve and update exchange rates from the available bank API for all configured currencies and ERPx clients, ensuring accurate daily/monthly/on demand valuations for multi-currency transactions.

Key APIs used

• GET /v1/objects/companies - Verify base currency configuration.
• GET /v1/objects/currencies - Retrieve configured currencies from ERPx.
• GET /v1/objects/exchange-rates - Fetch current exchange rate records.
• POST /v1/exchange-rates - Trigger synchronisation with exchange rate provider / Bank.

Integration workflow

sequenceDiagram
    participant API as ERPx API
    participant EIT as Extension/Integration toolkit
    participant NB as Exchange rate provider

    EIT->>API: 1. GET /v1/objects/companies
    API-->>EIT: Base currency: NOK

    EIT->>API: 2. GET /v1/objects/currencies
    API-->>EIT: Configured currencies

    EIT->>API: 3. GET /v1/objects/exchange-rates
    API-->>EIT: Current exchange rates

    EIT->>API: 4. POST /v1/exchange-rates/
    EIT->>NB: Fetch latest rates 
    NB-->>EIT: Exchange rates (required currencies)
    API-->>EIT: Sync completed

    EIT->>API: 5. GET /v1/objects/exchange-rates
    API-->>EIT: Updated exchange rates

Quick links

For detailed API specifications, request/response formats, and authentication details, refer to:

• Exchange Rate - Complete API reference with request schemas.
• Events - Documentation on events that initiate processes during record creation in the ERPx.
• Authentication & Security - Setup and security configuration.
• Limits and quotas - All available settings and options.
• Error Handling - Troubleshooting common issues and error codes.