- Automating exchange rate updates in Dynamics 365 Business Central requires setting up a Currency Exchange Rate Service with an external data feed.
- www.floatrates.com is a popular option for exchange rate data feed as it supports a wide range of currencies and is available at no cost.
- Setting up a new Currency Exchange Rate Service involves populating fields like Code, Description, and Service URL with the appropriate information.
- Custom transformation rules may be needed to convert dates in the data feed to a format the system can understand.
- After setting up the Exchange Rate Service, it can be enabled to automatically download rates daily.
- Monitoring the Exchange Rate Date field on the Currencies Page can help confirm if the service is working correctly.
- Checking Codeunit 1281 in the Job Queue Entries Page can provide information on the status of the Job Queue and any potential errors.
- For more Dynamics 365 Business Central help, users can contact the author of the article.
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