Automate Currency Management with Business Central

Why Multi-Currency Is a Daily, Not a Monthly, Concern

A UAE business buying from India in INR, billing a KSA customer in SAR, and reporting to a UK parent in GBP touches four currencies in a single transaction chain. BC keeps every transaction in its source currency and revalues to the reporting currency on demand — the month-end FX exercise becomes a click.

Six Things BC Handles Automatically

1. Daily FX rate ingestion. External service pushes rates; BC stores them on the currency record.
2. Transaction-time conversion. Every posting captures rate-at-time-of-transaction in LCY (local currency) and source currency.
3. Period-end revaluation. Customers, vendors, bank balances revalue to month-end rates with one batch job.
4. Realised gain/loss on payment. When a foreign-currency invoice is paid, the rate difference posts to the right GL account automatically.
5. Unrealised gain/loss at period-end. Open balances revalued; postings reversed in the next period to avoid double-counting.
6. Reporting currency view. All reports — P&L, balance sheet, AR/AP aging — can render in LCY or reporting currency.

Why Implement with Novasoft?

Novasoft has configured BC currency engines for 100+ UAE and KSA mid-market businesses with multi-currency operations. Our implementation practice runs through Business Central finance modules with multi-currency turned on day one. Currency design pairs with BC for SME packages and the broader Dynamics 365 Finance practice.

Sources

1. Microsoft Learn — BC currency setup. learn.microsoft.com — BC currencies
2. Microsoft Learn — BC finance overview. learn.microsoft.com/dynamics365/business-central
3. Microsoft — Business Central product hub. microsoft.com/business-central

Last updated May 2026