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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Business Central Forei...
Small and medium business | Business Central, N...
Answered

Business Central Foreign Currency

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Posted on by Kelvin Muchirewesi 25

Please can you assist the following 

1. Does Business Central lock transaction value  when currency fluctuate?

2. How can you view the Business Central ledger in different currencies and transaction taking original exchange rate. NOT HOW THE ADDITIONAL REPORTING CURRENCY WORK?

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  • Suggested answer
    Dirk Profile Picture
    Dirk on at
    RE: Business Central Foreign Currency

    Hi Kelvin,

    If we are talking about General Ledger Entries only, then the answer is:
    No, these entries exist only in the Local Currency (as specified in General Ledger Setup).
    The General Ledger Entries do not hold the "original" posting currency and the exchange rate.


    If you register foreign currency transactions for a customer or vendor then the Customer / Vendor Ledger Entry holds the original amount in foreign currency and in local currency ... until you run the "Adjust Exchange Rate" batch .
    When you apply the open document (let's say an invoice is applied by a payment) then the local currency amount gets adjusted at the date of the apply (Postind Date of the Payment)

    Does this answer your question?

  • Kelvin Muchirewesi Profile Picture
    Kelvin Muchirewesi 25 on at
    RE: Business Central Foreign Currency

    Hi Dirk

    Thank you  for your response:

    Does the Adjust Exchange Rate" batch affect already posted entries, because we do not want the exchange rate batch job  to change forex transaction original amount due to changes in rates.

  • Verified answer
    Dirk Profile Picture
    Dirk on at
    RE: Business Central Foreign Currency

    In the vendor ledger entries you get this:

    pastedimage1620396751450v1.png

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