Add a currency on Microsoft Dynamics Nav Business Central

Hello friends,

Currency on Microsoft Dynamics Nav Business Central is used for the automatic conversion of foreign currencies.  In today's tutorial, we will learn how to set up Currencies on the system.

Step 1:

To add a currency go on the following path:

Main Menu --> Department --> Financial Management --> Setup --> General --> Currencies

Add the following information:

Code	Enter a code for the currency
Description	Give a description to the currency

Step 2:

After creating the currency we need to enter the exchange rate for the currency so that the system can do the conversion.

To create an exchange, click on the button Exch. Rate and then on the button New.

Now add the following information:

Starting Date	The date the exchange rate will be effective
Currency Code	The currency code
Relational Currency	Let this field be blank
Exchange Rate Amount	Use 1.0
Relation Exch. Rate Amount	Enter the currency exchange rate
Adjustment Exch Rate Amount	Let the amount to 0.0
Relational Adjmt Exch Rate Amt	Let the amount to 0.0
Fix Exchange Rate Amount	Let the field be Currency

Note: whenever you need to change the exchange rate, do not discard the old one.  Just add a new line with a new effective date. The aim is to keep a history of the exchange rate.

Hopefully, this tutorial answers your questions. Follow me for more tutorials on Microsoft Dynamics NAV Business Central and get cracking!

Add a No. Series and No. Series Line on Microsoft Dynamics Nav Business Central

Hello Friends,

In this tutorial, we will learn how to add a no. series and no. series line. No. series is an important setup on NAV which will allow the system to generate document no when doing a transaction.

To proceed with the setup, go on the following menu:

Step 1:

Main Menu --> Department --> Administration --> Application Setup --> General --> No. Series

Step 2:

Click on the button new

You need to add the following information:

Code	Give a code to the no. series
Description	Give a description to the no. series
Starting No	This setup will be done in line
Ending No	This setup will be done in line
Last date used	the last date the no. series has been used on the system
Last no. used	The last number used on the system
Default nos	Default number will prevent someone entering a document no by their own
Manual nos	Manual number will allow the user to enter a specific document no by their own
Date Order	This field will allow us to order the date

Step 3:

To add a line for this no. series click on the button line.

Enter the following information:

Starting Date	Date when the number will be effective
Starting No	The first number the system will generate
Ending No	The last number you wish to generate from the system
Last date used	The last date the no. series has been used on the system
Last no. used	The last number used on the system
Warning No	The last number which will alert the user that no series is near over
Increment by no	States the number that the system will increment
Open	Indicates that the no series line is open

Close page.

Change Company Information on Microsoft Dynamics Nav Business Central

Hello Friends,

In today's tutorial, I will show you how to change company information on Microsoft Dynamics Nav Business Central.

Steps:

• Open Navision and go on the following menu:
• Main Menu --> Department --> Administration --> Application Setup --> General --> Company Information

• Fill all necessary information such as Name, Address and etc.
• Close the page Company Information.