Setting Up Financial Management › Currencies

Currencies

To perform currency conversions, set up conversion rates. The currency code you select becomes the default system currency for all CA Clarity PPM financial pages. Once you set a system currency, you cannot change it. Before you can use a currency in a conversion rate, activate the currency.

Set up system currency before you can do any of the following tasks:

• Create entities and import them through the XML Open Gateway.
• Define financial properties and financial summaries for investments.
• Change your system from single-currency to multi-currency.

More information:

Activate Currencies

Set Up Conversion Rates

View Default Currency

Activate Currencies

You can complete this procedure only if CA Clarity PPM is set up as a multicurrency system.

Follow these steps:

1. Open Administration, and from Finance menu, click Setup.

   The financial organizational structure appears.

2. Click Currency.

   The currencies page appears.

3. Select each currency you want to activate, and click Activate.

Set Up Conversion Rates

You can complete this procedure only if CA Clarity PPM is set up as a multicurrency system.

Follow these steps:

1. With the financial organization structure open, click Foreign Exchange Rates.

   The foreign exchange rates appear.

2. Click New.

   The exchange rate properties page appears.

3. Complete the following fields:

   From Currency

   Defines the currency to convert.

   To Currency

   Defines the currency to convert items to. If the desired currency does not display in the list, check that the currency is active.

   Conversion Rate

   Defines the conversion rate.

   Rate Calculation Method

   Defines the calculation method.

   Values: Divide or Multiply.

   Exchange Rate Type

   Defines the exchange rate type.

   Values: Average, Fixed, or Spot.

   Effective Date

   Defines the effective date for this conversion rate.

4. Save the changes.