Does your organization have several branches in different countries, and do you regularly have to settle intercompany transactions in foreign currencies? Exchange rates are constantly changing, which directly affects your intercompany transactions. With the ECB Exchange Rate Converter application from Bluace, you ensure that you have insight into the latest exchange rate of any foreign exchange rate to the Euro and vice versa.
What is the ECB Exchange Rate Converter?
The ECB Exchange Rate Converter is an application from Bluace for Microsoft Dynamics 365 Business Central. Are you already familiar with Microsoft Business Central? You probably know that the software imports the exchange rate from the Euro (your base currency) to any other foreign currency. But does your organization have worldwide branches with a base currency other than the Euro? And do you want to import the exchange rate from, for example, the Dollar to the Euro? Then the standard functionality of Microsoft Business Central does not support this. With the ECB Exchange Rate Converter app, you add this functionality to your Business Central environment and ensure that you can set any worldwide currency as your default currency. In addition, the application imports the exchange rate (published by the ECB) from your chosen base currency to the Euro daily. This extra functionality for Business Central is indispensable if you regularly perform intercompany transactions between the various international branches.
Features of the ECB Exchange Rate Converter
- Convert any global currency to Euro (and vice versa)
- Set any global currency as the default currency in the General Ledger Setup
- Schedule the update in the Job Queue Entries
- Support any foreign exchange rate published by the ECB
Benefits of the ECB Exchange Rate Converter
- Easy intercompany settlements in any currency
- Work with the most up-to-date exchange rates from the ECB
- No longer manual data entries
- Increase data efficiency and accuracy
- Use only one reliable source for all exchange rates
ECB Exchange Rate Converter in the Microsoft AppSource
The ECB Exchange Rate Converter application for your Business Central environment is available in the Microsoft AppSource. You can add this application to your software without the help of your implementation partner. However, be aware that your software changes and may react unexpectedly. Bluace is here to guide you through the purchase of add-ons and ensures a hassle-free expansion.
Microsoft Dynamics 365 Business Central
As explained earlier, the ECB Exchange Rate Converter is an addition to your Business Central environment. Business Central is an ERP solution that is easy to implement and supports you in automating and connecting your business processes. Business Central is a SaaS solution, which means you decide what you need. Want to know more about Business Central? We are happy to explain it to you.