Siebel Project and Resource Management Administration Guide > Project Management > Administrator Procedures for Project Management >

Setting Up Financial Components

You must set up several financial components in your Siebel application before you go into production. These components are:

• Currencies (unless your Siebel application uses only one currency)
• Currency Conversions (unless your Siebel application uses only one currency)
• Expense Types
• Periods

It is recommended that you also set up the following financial component before your Siebel application goes into production:

• Payment Terms

For more information about setting up these components, see information about ongoing application administration tasks in Siebel Applications Administration Guide.