CORRECT TEXT

CORRECT TEXT

You are a functional consultant for Contoso Entertainment System USA (USMF).

You discover that the currency exchange rates in the system are outdated.

You need to ensure that the system uses the latest currency exchange rates from the Central Bank of Europe.

To complete this task, sign in to the Dynamics 365 portal.

View Answer

Answer: You need to import the latest currency exchange rates.

You can also configure a schedule to automatically import the latest currency exchange rates.

✑ Navigate to General Ledger > Currencies > Import currency exchange rates

✑ Select the Default Exchange Rate Type.

✑ Select Central Bank of Europe for the Exchange Rate Provider.

✑ In the Import as of field, select Today’s date.

✑ Enable the Override existing exchange rates option.

✑ To schedule automatic updates, expand the Run the background section.

✑ Enable Batch Processing.

✑ Click on the Recurrence link.

✑ Configure a schedule for exchange rates import.

✑ Click OK to save the changes.