How to use in multiple currencies in Dynamics 365 Business Central?

Dynamics 365 Business Central

Companies operating globally need to set up multiple currencies in both Dynamics 365 Business Central and Finance and Operations.
In Finance and Operations, currencies are set up in the General ledger –> Currencies –> Currencies form, focusing on attributes rather than exchange rates.
Business Central uses the term LCY for the primary currency, with a separate form for other currencies used in transactions.
The LCY should not be entered on the currencies form in Business Central, except for specific consolidation scenarios.
Initial attempts to set up currencies and exchange rates in Business Central may lead to confusion if the correct setup process is not followed.
The primary currency in Business Central is referred to as LCY and should be entered on the "General ledger setup" page.
Setting up currencies in Dynamics 365 requires attention to detail and adherence to the specific setup procedures for each platform.
Understanding the differences in currency setup between Finance and Operations and Business Central is essential for successful global operations.

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