Change default currency in Portfolio

[Peter Xiang]

Hi,

I want to make the Currency calculation under the entire Portfolio(include program, demand, project, cost plan, benefit plan) use HKD, is there any way?

I know that I can change the calculation logic of global property, but now the system is already used, can there be other ways?

[Anusha_Rao]

Hi @Dhiren Aghera , Please answer my query:

When Multi Currency is enabled , When we enter the cost in project currency, it automatically converts it to functional currency. It is considering the daily exchange rates fetched by ECB Exchange rate Load for conversion.

So I want to know in which scenarios the " budget reference rates" are used?

Also if the Projects are from 4 geographical locations. Say USA (USD), UK (GBP), Spain(EURO) and Australia (AUD). We inform PMs to enter the project cost in their currency in Project View of Project.

Lat's Say UK Project Manger will enter the Project cost in Project Currency GBP.

Australia Manager will enter the project cost in Project Currency AUD. etc..

Please share more details.

Thank you,

Anusha