---
title: "Exact bank journal exchange for Administrators - Payhawk Help Center"
slug: "failed-to-export-into-exact-online-enable-variable-exchange-rate-for-bank-journal"
description: "Fix the Please enable variable exchange rate for Bank Journal error in Exact Online: turn on Variable exchange rate in the bank journal, then export again."
updated: 2026-10-21T10:25:25Z
published: 2026-10-21T10:25:25Z
canonical: "payhawk.com/failed-to-export-into-exact-online-enable-variable-exchange-rate-for-bank-journal"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://payhawk.com/help/llms.txt
> Use this file to discover all available pages before exploring further.

# Failed to export into Exact Online. Enable variable exchange rate for Bank Journal.

## Error message

```plaintext
Failed to export into Exact Online. Please enable variable exchange rate for Bank Journal.
```

## Affected ERP integrations

- Exact Online

## Cause

This error occurs when the bank journal selected for the currency of the expense being exported does not have the **Variable: Exchange Rate** option enabled. When exporting expenses that involve foreign currencies, Exact Online requires the bank journal to support variable exchange rates in order to correctly handle currency conversions at the time of the transaction.

## Solution

To resolve this issue:

1. Log in to your Exact Online account.
2. Navigate to **Master Data** > **Journals**.
3. Locate and click on the bank journal that corresponds to the currency of the expense being exported.
4. Go to the **Currency** section of the journal settings.
5. Change the exchange rate setting to **Variable: Exchange Rate**.
6. Click **Save**.
7. Return to Payhawk and attempt to export the expense again. The export must now be successful.

![Currency selection with an option to support multiple exchange rates highlighted.](https://cdn.payhawk.com/Adm%3AIntegrations%3AError%20messages/Exact_Online_bank_journal_variable_exchange_rate_20261021_ai.png)