With the current business requirements in the new economy, organizations need to deal with vendors and customers in foreign currency, and posted transactions in foreign currency need to be translated into the local currency. In addition to that, the company may operate in several countries and needs to have currency translation for its operations. In this chapter, we will cover:
- Understanding multi-currency in Microsoft Dynamics 365 for Finance and Operations
- Exploring basic setups for currencies
- Exploring multi-currency transactions in action
- Working with currency revaluation mechanisms