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Exchange rate at Project builder

JoneZL
Participant
0 Kudos
150

Dear,

Background:

1. We use the exchange rate P at project planning cost

JoneZL_0-1718258144263.png

2. The project will be complete after several years according to POC. And we will release new exchange rate by yearly for exchange rate P.

JoneZL_1-1718258459669.png

Question:

Because the project will cross several years and the exchange rate P will updated yearly, there will be exchange rate fluctuations.

How we can get the fixed exchange rate at project builder?

- Do we have the manually input exchange rate?

-Can we only pick up the exchange rate based on project creation date

Thanks.

 

 

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marcio_blos
Explorer
0 Kudos

I didn't suggest anything; I just explained how the exchange rate works. The conversion rate P is used only to calculate the planned values, which serve as the basis for POC calculating. I don't understand why you want to "fix" the exchange rate to POC calculate. Wouldn't it be better to calculate the POC in the local currency?

Q: How we can get the fixed exchange rate at project builder?
A: It is not possible, by default, to use a fixed exchange rate in PS. The planning exchange rate is based on the planned rate values for each month. The currency conversion is done at the moment of document creation, based on the posting date (both planned and actual values).

Q: Do we have the manually input exchange rate?
A: It is not possible, in PS module, to manually fix an exchange rate. It is unclear whether you are referring to the planned or the actual value. The exchange rate for the actual value is calculated in the same way, but in some transactions where documents are created, it is possible to specify an exchange rate, ignoring the one provided in the configuration. However, this is not specific to PS module.

Q: Can we only pick up the exchange rate based on project creation date?
A: It is not possible to use the exchange rate based on the project creation date, at least not by default.

Regards
Marcio Blos

JoneZL
Participant
0 Kudos
Dear Marcio, thanks for your reply. We use controlling currency and company currency is different, because we have multiple company code. If there is no fixed exchange rate, that we will have exchange rate fluctuation, but now your answer is clear. Thanks a lot.