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Microsoft Dynamics SL (Archived)

Add new company with different currency to existing system

Posted on by Microsoft Employee

We have an existing system using US base currency. We need to add a Mexican and Canadian company to our environment and they use their native currency. Can we add these companies to our existing database, which would make life a lot easier for our financial team or would we need to create new separate databases for the new companies. Either way can you provide guidance on the best Microsoft recommended solution?

Thanks,

Ronald

*This post is locked for comments

  • Cynthia Audain Profile Picture
    Cynthia Audain 1,270 on at
    RE: Add new company with different currency to existing system

    The rule of thumb if you want to have different base currencies in a multi-company environment for several companies then you will need to have separate databases.   If you want to have several companies in the same database then all companies need to have some things in common and the base currency is just one of them.

  • rcboiler Profile Picture
    rcboiler 1,114 on at
    RE: Add new company with different currency to existing system

    I believe you are correct if wanting to use different base currencies.

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Add new company with different currency to existing system

    we do. We hoping to use one database for all the companies but it looks like if you have multiple base currencies it requires multiple databases.

  • rcboiler Profile Picture
    rcboiler 1,114 on at
    RE: Add new company with different currency to existing system

    Separate dbs are typically used when transactions are done in their own currencies.  Do you have the multi-company module?

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Add new company with different currency to existing system

    We have 1 system and 1 application database. We are adding two new companies, from Mexico and Canada.

  • rcboiler Profile Picture
    rcboiler 1,114 on at
    RE: Add new company with different currency to existing system

    How many system and application databases do you currently have?

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