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Dynamics 365 Community / Forums / Small and medium business | Business Central, N... / Problem with currencies.
Small and medium business | Business Central, N...
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Problem with currencies.

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Posted on by AntonioKD 432

Hello! 

I work on BC with UK localization and I have a problem with currencies that I download from HMRC. For example, Exchange Rates for PLN is 5.352 what is compatible with exchange rates from HMRC:

pastedimage1632811635322v1.png

But when I post an invoice in PLN in UK where local currency is GBP, the calculed amount from 1000PLN is 5352GBP! It should be 188,9GBP. The system does not calculate and think that 1PLN is 5.352GBP instead of 0.186GBP. 

WHere should I correct the setup?

pastedimage1632811884180v2.png

I have the same question (0)
  • Gavin Profile Picture
    Gavin 2,510 on at

    Hi,

    For the amounts to calculate as you describe you need to have the GBP of 1 in the "Relational Exch. Rate Amount" and the rate of 5.352 in the "Exchange Rate Amount". (so basically swop those columns around)

    This article I wrote gives my take on how the exchange works:

    http://thedynamicsexplorer.com/2021/02/26/dynamics-365-business-central-making-sense-of-the-currency-exchange-rates-page-when-setting-exchange-rates/

    I hope this helps.

    Thanks

    Gavin

  • AntonioKD Profile Picture
    AntonioKD 432 on at

    Thank ypu so much! It works :)

  • Suggested answer
    Community Member Profile Picture
    Community Member on at

    David,

    You want the Exchange Rates to appear like this:

    pastedimage1632853309067v1.png

    In the Currency Exch Rate Service I have mine with Float Rates.com:

    pastedimage1632853388657v2.png

    Hope this helps.

    Thanks,

    Steve

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