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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / How does Currency Code...
Small and medium business | Business Central, N...
Suggested answer

How does Currency Code works?

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Posted on by joshlabtech 662

Hi,

I would like to find out how does Currency Code works?

When do you need to use it?

I  wanted to pull a USD bank account to reflect on the report, can this be done using Currency Code?

Thank you.

  • Suggested answer
    DAnny3211 Profile Picture
    DAnny3211 9,276 Moderator on at
    RE: How does Currency Code works?

    hi

    look this

    learn.microsoft.com/.../finance-currencies

    DAniele

  • Suggested answer
    Suresh Kulla Profile Picture
    Suresh Kulla 47,789 on at
    RE: How does Currency Code works?

    Based on the currency code you select on the documents, it will get the exchange rate based on your exchange rate setup and stores that value in the currency factor to calculate the cost in your base currency, please check an example in the below link

    support.microsoft.com/.../how-microsoft-dynamics-nav-converts-foreign-currency-to-the-local-base

  • Suggested answer
    Microsoft Dynamics 365 Business Central Profile Picture
    Microsoft Dynamics ... on at
    RE: How does Currency Code works?

    Hi ,

    i would start with this topic for multiple currencies

    docs.microsoft.com/.../

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