Save time, and increase aFacilitate accurate and timely transactions and reporting by opting for a currency exchange rate service that will automatically keep the exchange rates in your ERP system current.
Currency exchange rates fluctuate constantly making the task of maintaining up-to-date and accurate exchange rates within your ERP system an impossible task when manual entry is required.
With the integration of a currency exchange rate service into your ERP, you can skip the manual entry and instead opt for accurate accounting your business can rely on. Save time and resources by opting for a currency exchange rate service that will automatically keep the exchange rates in your ERP system current all while facilitating accurate and timely transactions and reporting.
Microsoft Dynamics 365 Business Central is a multicurrency business application that allows you to buy from or sell to vendors and customers as well as transact with your bank in any currency your business requires. While using multicurrency requires that exchange rates are kept up-to-date — a time-consuming manual process — Business Central was designed to connect to an online exchange rate service to update currency exchange rates without requiring manual intervention.
In this Microsoft video, learn the steps involved in keeping your currency exchange rates up-to-date by connecting Dynamics 365 Business Central to an online exchange rate service:
Features of Business Central’s Exchange Rate Service Connection
Once connected to a service through Business Central’s exchange rate service connection, the services will keep your exchange rates current without the need for any manual work.
Contact our team to schedule a consultation to learn how the features and capabilities of Business Central will help your business rise above the competition.
Interested in learning more about how Microsoft Dynamics 365 Business Central can be used for your organization? Check out these videos:
- How to Adjust Exchange Rates with Dynamics 365 Business Central
- How to Set Up and Work with Bank Integration in Dynamics 365 Business Central
- How to Set Up a Bank Account in Dynamics 365 Business Central
- How to Set Up Cash Flow Analyses with Dynamics 365 Business Central