Change currency at WBS elements level in Proect system

[chandra_sekhar08]

Hi Experts,

For business purposes we want to use a other currency otherthan the company code currency at WBS, because of the following reasons:

- the location is different for certain projects e.g US company is in India

- the planning and costing should be in a different currency thus to avoid exchanges difference

- to display in the report always the same values and not converted values

we do not want to change the company currency anyway

Does this help someone to give me more advices.

Thanks in Advance

chandrasekhar.T

[Former Member]

Hello Chandra,

In Project System, there are 3 different types of currencies mentioned below.

1. Controlling Area currency

2. Object currency

3. Transaction currency

When you create a WBS element, the system defaults the currency entered in the project definition as the object currency. You can change the WBS element object currency in the organization data for the WBS element. However, you cannot change the object currency once costs and/or payments have been posted to the WBS element.

When changing the WBS element object currency, following points are important.

• If the controlling area and company code are managed in the same currency, you can stipulate a different object currency for the WBS element.This currency becomes the project currency.

• If the controlling area and company code have different currencies, the company code currency is the project currency.

For more details of currency, refer SAP help as mentioned below.

http://help.sap.com/saphelp_46c/helpdata/EN/ee/41f8b646ee11d189470000e829fbbd/frameset.htm

Regards

Tushar

[sanjeevc]

Go through RPC0 enter controlling area and go to report currency tab and select reference currency as desired after changes report will show desired currency. check the link for better understanding and do as desired with above adwise.

http://help.sap.com/saphelp_erp60_sp/helpdata/en/02/30793485231774e10000009b38f83b/frameset.htm

Regards,

Sanjeev