How to Set 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.

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.

If multicurrency is enabled, you can view the default system currency. Multicurrency is enabled when you install CA Clarity PPM. To view whether CA Clarity PPM is installed as a multicurrency system and the default system currency, review the Currency section in the financial management defaults.