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need help with Multi-Currency set-up

We need help understanding the functionality of AX as it relates to multi-currency.  Our situation: Company operating in Mexico which maintains its GL in pesos.  Its functional (reporting) currency to us at Corporate is USD.  Substantially all of their inventory is purchased & sold in USD but recorded in AX in pesos.  The process of remeasuring/translating their trial balance from pesos to USD each month is being done manually in excel.  Primary accounts are AR, inventory, AP, sales, COGS.  Can AX help automate this somehow or at least provide tools to access USD data more readily?


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