Summary
This module explained how to process foreign currency payments in Business Central. You can complete this process from the cash receipt journal and the payment journal.
You can process customer payments and payments to vendors in any currency. If you update the exchange rate on the journal line, the program automatically posts realized exchange rate differences that you can analyze from the detailed customer and vendor ledger entries.
Many companies need to process customer and vendor payments in
multiple currencies. It’s important to understand how this approach
works in Business Central and how the program processes exchange
rate differences when posting payment lines.