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Small and medium business | Business Central, N...
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how to set up inter-companies with different local currency

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Hi Experts,
 
Could you advise if it is possible set up companies with different local currencies in BC under one database? For example one in CAD and another company in USD. If user choose the region as Canada when creating the tenant, all its companies will default to CAD. Does user need to create a US tenant? 
  • gdrenteria Profile Picture
    gdrenteria 12,920 Most Valuable Professional on at
    how to set up inter-companies with different local currency
  • Suggested answer
    Yi Yong Profile Picture
    Yi Yong 1,611 Super User 2024 Season 2 on at
    how to set up inter-companies with different local currency
    Hello Aspen,
     
    You can have many companies in one environment (database) and each company can have their own specific reporting currency.
    However, this needs to be configured under 'General Ledger Setup' as YUN ZHU shows, it will not be based on the user region.
  • Verified answer
    YUN ZHU Profile Picture
    YUN ZHU 75,595 Super User 2024 Season 2 on at
    how to set up inter-companies with different local currency
    As far as I know, this is standard functionality. You can set different local currencies for different companies.
    For exmaple,
    My Company:
    Demo:
     
    Hope this can give you some hints.
    Thanks.
    ZHU

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