Percent Completes and Multiple Currencies

When you update percent completes as part of the revenue generation process, certain guidelines apply if you also use multiple currencies.

  • Specify the currency exchange date on the Revenue Generation form. This date controls the amounts that this dialog box displays.
  • On the Update Overall Percent Completes dialog box, when you show the budget at cost, all of the currency data is from the project's equivalent currency amounts in the project's project currency.
  • When a compensation field is updated, its equivalent amount is also updated on the Update Overall Percent Completes dialog box, when you show the budget at billing rates, if the project's project currency is the same as its billing currency.
  • On the Update Overall Percent Completes dialog box, when you show the budget at billing rates, all of the currency columns data is from the project's equivalent currency amounts in the project's project or billing currency. The currency agrees with the setting for the Use Billing Currency not Project Currency option in Settings > Accounting > Labor Options. All currency data is shown in the format of that currency.