Can we define multiple Exchange rates for single currency?

shahul
shahul Member Posts: 38
hi pals,

How we can define multiple Exchange rates for single currency, say for
example, Buying and Selling a product in foreign currency the Exchange rates may differ, how we can define in NAV setup?

Kindly catapult your ideas.


Thanks and Regards,
Shahul.

Comments

  • Miklos_Hollender
    Miklos_Hollender Member Posts: 1,598
    By creating different currency codes, of course. Like EURB and EURS for buying and selling. If you take care to associate the correct one with Customers and Vendors it should work OK. As Navision can happily apply between currencies, you shouldn't have many problems even if you apply a vendor to a customer in the general journal.
  • muksha
    muksha Member Posts: 274
    Yes shahul,
    Miklos solution is very right as we are already doing such by defining different currencies for our vendors and customers as USDC and USDV.
    Mukesh Sharma
  • shahul
    shahul Member Posts: 38
    Thank you Miklos and muksha for your valuable suggestion.
    Let me start with your idea.
  • muksha
    muksha Member Posts: 274
    no need to thanks Shahul, we are on the forum to help each other. This is the best benefit of this site.
    Mukesh Sharma