We use Business Central.
We setup and download automatically , on a daily basis, the rates from ECB bank for all companies that base currency is EURO.
Now we have created a new company which the base currency is CHF (Swiss Franc)
Is there any way I can download automatically the rates according to this currency ?
Yesterday night I have tried to download from Float rates and it seems was ok.
Now I have to check again today to see if its downloading them on recurring basis.
Beaware that FloatRate and ECB is not always in agreement
I have seen times when the two services retur different result, but generally: Floatrate
In ECB I have found only the below which is for only euro
Maybe because is European Central Bank. In my case there are several companies in EURO and I;m downloading from ECB and now there is a new company which base currency is CHF, That's why I have used Float for this company.
Do you have any advice on this?
No PM,please use the forum. || May the <SOLVED>-attribute be in your title!
You can do a couple of things:
1. You can place you trust in floatrate and disregarding that ECB and flotrates is not i agreement.
2. You can read from ECB and recalculate the currency amounts with CHF as base amount.
f you develop some custom code to firste read the ECB data and find the rate from CHF and and when importing the other currency exchange rates and calculate the rates from there.
Today ECB show CHF as 0.9870 and USD as 1.0644 then the Inverse rate from CHF to USD is 0.9870/1.0644 = 0,9272829