| title | description | author | ms.author | ms.reviewer | ms.topic | ms.search.keywords | ms.search.form | ms.date | ms.service | ms.custom |
|---|---|---|---|---|---|---|---|---|---|---|
Currencies in Business Central |
Learn how to define your local currency and the foreign currencies that your business uses. |
brentholtorf |
bholtorf |
bholtorf |
conceptual |
currencies |
5, 118 |
03/04/2024 |
dynamics-365-business-central |
bap-currencies |
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Tip
In [!INCLUDEprod_short] if you're looking for real time information about foreign currencies, exchange (FX) rates, or historical rates, you'll find it referred to as currency. In addition to this article, see also Set Up an Additional Reporting Currency.
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You specify the currency codes in the Currencies list, including extra information and settings that are necessary for each currency code. For more information, see Currencies
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The exchange rates are the tool to calculate the local currency value (LCY) of each currency transaction. For more information, see Update Currency Exchange Rates.
Set Up Currencies
Update Currency Exchange Rates
Set Up an Additional Reporting Currency
Closing Years and Periods
[Working with [!INCLUDEprod_short]](ui-work-product.md)
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