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inventory with multi currency

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Posted on by Chow

131

we are transitioning from QuickBook to Business Central

our local currency is CAD but our items (inventory) are from vendors in the State

the price list they provided us are all in USD.

is there way to save the items in USD and do the exchange when a sale occur? we will be paying vendors in USD

thanks

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YUN ZHU 73,698 Super User 2024 Season 2 on at

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inventory with multi currency

Hi, BC supports foreign currencies. Below are a few key pages that you may use, hoping to give you some hints.

Currency in Purchase Prices:

Currency in Vendor

Currency in Purchase Order

Currency in Payment Journals

PS: How to disable Application of Ledger Entries in Different Currencies: https://yzhums.com/38907/

Currencies: https://learn.microsoft.com/en-us/dynamics365/business-central/finance-currencies

Thanks.

ZHU
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Inge M. Bruvik 32,748 Super User 2024 Season 1 on at

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inventory with multi currency

You have to register a vendor pricelist that is in USD for each vendor.

Your inventory valuation will always be in your local currency.

But you can of course register your purchase orders in USD then the currency exchange rate will determine the inventory value in your local currency.

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