How to Adjust Exchange Rates in Microsoft Business Central: New Preview Posting Feature Explained

Dynamics 365 Business Central

For companies operating in diverse countries or regions, managing business transactions and financial reporting in multiple currencies is essential.
Microsoft recently released a new feature in Business Central that allows users to preview how an exchange rate adjustment will affect their records before finalizing it.
To enable the new feature, users need to go to Feature Management and select Enable All Users.
Access the Exchange Rate Adjustment by clicking on the Currency page and selecting the Exchange Rate Adjustment action.
Users can set the Starting date and Ending Date, Posting date, and adjust various boolean options to customize the adjustment process.
Choose dimension settings such as Source Entry Dimensions, No Dimensions, or G/L Account Dimensions to define how dimensions are managed for gains and losses.
Note that enabling the "Enable use of new extensible exchange rate adjustment, including posting review" feature in the Swiss (CH) version is not recommended due to local regulations.
By following the steps outlined in the article, users can effectively utilize the new feature to maintain accurate records and enhance their organization's financial management capabilities.

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