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Currency exchange rate service with different local currencies

Posted on by 15

Hi,

Does anyone know if it's possible to set up currency exchange rate services where local currency is different from location? Ex.: Location is norway (NOK) and local currency is DKK. Optimally I would use the same service/xml for several companies with different currencies but same location. 

If it's not possible: does anyone know about any currency exchange rate services for CHF, USD and SEK? 

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  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Currency exchange rate service with different local currencies

    Ellen,

    Each Company, within your environment, can have a separate Currency Exchange Service, based on its LCY. Just setup the service within each and define the Currency within the exchange setup. I am attaching a helpful manual to assist.

    Hope this helps.

    Thanks,

    Steve

    4048.FloatRate-Setup.docx

  • Suggested answer
    YUN ZHU Profile Picture
    YUN ZHU 69,612 Super User 2024 Season 2 on at
    RE: Currency exchange rate service with different local currencies

    Hi, as MahGah mentioned, you can use Currency Exchange Rate Services in Business Central.

    More details: https://yzhums.com/7341/

    Thanks.

    ZHU

  • Suggested answer
    MahGah Profile Picture
    MahGah 15,419 on at
    RE: Currency exchange rate service with different local currencies

    My assumption is for each company you can use floatrate and get the xml for currency you need (select currency from below link to get the appropriate link). then use that link for each company to setup floatrate as exchange rate service. the setup is similar but you need a correct currency link for each company.

    www.floatrates.com/feeds.html

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