General currency information
During company creation, the administrator set a base currency that became the default project currency for each project or shell. When you create a project or shell you can change the default project currency to any currency listed in the company-level exchange rate table. After creation you can add additional currencies to the project or shell as needed.
Depending upon the commitment business process design, during record creation you can select a transaction currency from the list of available currencies in the project or shell. Unifier stores costs in the project currency and uses the active company-level exchange rate table for currency conversion.
Transaction currency in curves
In Project, CBS, and Summary-level cash flow curves, Unifier displays cash flow costs in the project currency. By default, Unifier displays commitment curve cost data in the record transaction currency, which is stored in project currency using the active currency exchange rate table.
- If the transaction currency is different from the project currency, you can change the currency view between transaction and project currencies, but you can only edit data in the transaction currency.
Note: The Summary Curve displays 0 (zero), if:
- The transaction currency is different from the project currency, and
- No exchange rate has been defined
- If there is a more recent value in the exchange rate table, refreshing the curve will refresh the cost data.
- If the transaction currency is different from the project currency, then the system conducts the exchange rate conversion before rendering the Summary Cash Flow curves.
- If the base currency is the only currency used in the company, then the system does not conduct the exchange rate conversion, and the Summary Cash Flow curves show the Summary Cash Flow curves in project currency, which is the same as the base currency.
To switch between transaction and project currency in the cash flow worksheet
- Open the project or shell, or go to the Company Workspace tab and click Cost Manager > Cash Flow in the left Navigator.
- Select a cash flow worksheet from the log.
- Open the cash flow worksheet. By default the worksheet opens in the transaction currency if different from project currency.
- Use the drop-down currency menu located at the top-center of the worksheet to change currency views. If the transaction currency and the project currency are the same, you will not see the drop-down field. The numbers and curve refresh to display the new currency values.
- In the cash flow window curves list, located on the bottom portion of the window, select a curve and open the curve details window. If you selected the project currency view before opening the curve details window, and the curve is in transaction currency, the data will be read only.
- In the Details window use the currency menu to switch to the transaction currency. Depending upon the curve set up, you can manually enter data or change the automatically distribution profile.
- When finished, click Save. The cash flow window will refresh with changes.