As companies operate in increasingly more countries/regions, it becomes more important that they are able to review and report financial data in more than one currency.
If you trade in different currencies, you need to keep track of the changes in currency exchange rates. Business Central helps you manage and update the exchange rates manually or automatically.
For each finance charge term code, you can specify multiple interest rates so that you can calculate finance charges with multiple interest rates for a specific period
It is important that the VAT registration numbers you have for customers, vendors, and contacts are valid, if you use Business Central in a country/region that uses VAT
If you purchase from a vendor in one currency and submit payment in another currency, you can apply the payment to the purchase. Likewise, if you sell to a customer in one currency and receive payment in another currency, you can apply the payment to the sales invoice.
