Base Currency setup

bhareth

Hi

Can any one help me where we will setup the Base Currency at the Company level(LCY) in Navision???? :oops: :oops:

Best Regards,
bhareth

David_Singleton

bhareth wrote:

Hi

Can any one help me where we will setup the Base Currency at the Company level(LCY) in Navision???? :oops: :oops:

Best Regards,
bhareth

There is nothign to set up.

If your company is in India and user INR, and you invoice you customer in INR say for 2,500 INR.

the converison is 2,500 INR = 2,500 x 1 = 2,500 INR, so there is no conversion required.

You only need to set up the other currencies.

Deep

Just mention your currency code in the G/L setup for information. That is where it can be picked to print on reports.

No other setup required.

bhareth

hi all ,

Thanks for your replies.

Kindly suggests me the setps that i have to do if i want to create a company which has Base currency(LCY with USD) . :oops:

Regards,
Bhareth S B

rajpatelbca

hi bhareth,

as far as base currency setup is concern, currency table it contains all currencies except base currency(LCY). and exchange rate of all currency is according to Base currency.

there is no facility available for base currency setup. you just define it in G/L setup. but is just for your information. it is no longer used in code or anywhere else.

thanks.

David_Singleton

bhareth wrote:

hi all ,

Thanks for your replies.

Kindly suggests me the setps that i have to do if i want to create a company which has Base currency(LCY with USD) . :oops:

Regards,
Bhareth S B

Why do you need to set up a USD database? Is this an American company in India?

Deep

bhareth wrote:

hi all ,
Kindly suggests me the setps that i have to do if i want to create a company which has Base currency(LCY with USD) . :oops:

Same as you set up a company with base currency INR.
No need to define any currency setup.
As you consider INR as base currency for any indian company, just consider USD instead and start your work. Just enter the currency code USD over the g/l setup.