Setting Up Financial Management › Currencies › Set Up Conversion Rates

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.