Summary

Completed

Companies that operate globally can benefit from the multicurrency functionality in Business Central by processing sales and purchases in any currency that they want.

Business Central uses the most recent exchange rate, but if you want, you can update the exchange rate for each document or journal. After posting transactions in foreign currencies, you can analyze your foreign currency sales and purchases by using the customer and vendor entries.

To post and correctly valuate transactions in multiple currencies, it’s important to have a good understanding of how to process sales and purchase transactions in foreign currencies in Business Central.