Currencies Page

Overview

Use this page to configure the monetary unit or base currency used to store cost data for all projects in the database. You can also add and configure monetary units on this page.

Screen Elements

Currencies toolbar

See Enterprise Data Currencies Toolbar.

Base Exchange Rate field

The exchange rate between the selected currency and the base currency.

The exchange rate for the base currency is always 1.0. When a user selects a different currency than the base currency to view cost data, the base currency value is multiplied times the current exchange rate for the view currency to calculate the values displayed in cost and price fields.

For example, if the base currency is U.S. Dollars, the view currency is Euros, and the exchange rate for Euros is .75, a value of $10 stored in the database is displayed as 7.5 Euros in cost and price fields. Similarly, if you enter 7.5 Euros in a cost or price field, it is stored in the database as $10.

Currency Symbol field

The symbol used to define the currency. Allows one to three non-numeric characters or symbols.

Decimal Digits field

The number of decimal places the currency will show.

Decimal Symbol field

The symbol used for decimal places. Click the arrow to choose period or comma.

Digit Grouping System field

The available options to group digits. Click the arrow to choose period or comma.

ID field

The abbreviation (ID) for the currency. Double-click to edit. This field allows one to six alpha-numeric characters or symbols. The characters must be in uppercase.

Name field

The name chosen for the currency. This field allows 1-80 alpha-numeric characters or symbols.

Negative Format field

The format used to show the currency value as negative. Click the arrow to choose a negative format.

Positive Format field

The format used to show the currency value as positive. Click the arrow to choose a positive format.

Tips

The base currency is the monetary unit used to store cost data for all projects in the database and is controlled by a global administrative setting in P6. The default base currency for P6 EPPM is US dollars ($). The view currency is the monetary unit used to display cost data in P6 EPPM and is controlled by a user preference.

The exchange rate for the base currency is always 1.0. When a user selects a different currency than the base currency to view cost data, the base currency value is multiplied times the current exchange rate for the view currency to calculate the values displayed in cost and price fields.

For example, if the base currency is U.S. Dollars, the view currency is Euros, and the exchange rate for Euros is .75, a value of $10 stored in the database is displayed as 7.5 Euros in cost and price fields. Similarly, if you enter 7.5 Euros in a cost or price field, it is stored in the database as $10.

When data is displayed in a view currency that is different than the base currency, some cost and price values can vary slightly (e.g., due to rounding). As long as the correct base currency is selected during database installation, a user can view completely accurate cost and price data by changing the view currency to match the base currency.

For information on adding view currencies, refer to Adding a Currency.

Getting Here

  1. Click the Administer menu and select Enterprise Data.
  2. In the Enterprise Data pane, expand Global and click Currencies.

Related Topics

About Enterprise Data

Working with Enterprise Data

About Currencies

Adding a Currency

Defining a Base Currency


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