Setup
Update currency exchange rates
If you trade in different currencies, you need to keep track of the changes in currency exchange rates. Business Central helps you manage and update the exchange rates manually or automatically and set up a currency exchange rate service. Currencies ...
Set up currencies
You must set up a code for each currency you use if you: Buy or sell in other currencies besides your local currency (LCY). Record general ledger transactions in both LCY and an additional reporting currency. After setting up the codes, assign the ...
Currencies in Business Central
If your company operates in more than one country or region, it's probably important that you can do business in more than one currency. You define your local currency (LCY) on the General Ledger Setup page. Afterward, your local currency will be ...
Set Up Finance Charge Terms
When a customer does not pay by the due date, you can have finance charges calculated automatically and add them to the overdue amounts on the customer's account. You can inform customers of the added charges by sending finance charge memos. But ...
Posting Groups
Posting Groups Posting groups are used in Microsoft Dynamics 365 Business Central as a way of mapping complex transactions to the general ledger. By using posting groups, you can make sure that sales, purchases, and other transactions are posted to ...