Use Currencies with Predictive Planning

Smart Predict supports the currencies defined in a planning model.

The planning model used as a data source might contain currencies. But how does Smart Predict support these currencies? It depends on how they are configured in your planning model data source, and on what type of planning model you are using - a classic account model, or a new model type.

Classic account model: You can generate predictions in Smart Predict using the default or local currency to read and write data, when your planning model is a classic account model, and currency conversion is enabled. Depending on your selection, the report for all your model entities are consistently expressed in one default currency, or multiple local currencies. For example, if the default currency is USD, you always see numbers expressed in USD in the Smart Predict report. If there are multiple local currencies in your planning model, the numbers in the Smart Predict report reflect these multiple local currencies.

When you select the Default Currency setting, you can only write to planning versions configured to receive default currencies.

When you select the Local Currency setting, you can only write to planning versions configured to receive local currencies.

Note
To understand the currency displayed in the report, you can check the Smart Predict settings, and the currency definition in your planning model. The default currency is indicated in the planning model.

Example
If you deal in Japanese yen, you would understand that your report is in Japanese yen, as your Smart Predict currency setting is Local Currency.
New model type: Smart Predict doesn't support predictive forecasting on calculated measures, including currency conversion measures, when your planning model is a new model type.

To learn more about the different model types, you can refer to the chapter called Get Started with the New Model Type.

To learn more about how currencies can be set up in a planning model, see Plan with Currency Conversion.

For classic account models, Smart Predict can support currencies when they are set at the planning model level in the following cases:

Planning Model Settings	Input Planning Model Version	Output Planning Model Version	Comment
Currency conversion disabled but a dimension with currency is defined.	A public version or a private version.	A private version.	Note If the measure has a currency, the currency attribute should be added as an entity to get distinct forecasts per currency to prevent mixed aggregations.
Currency conversion enabled.	A public version or a private version created with default currency or local currency. Private versions with another currency are not available for selection.	A private version created with default currency. Private versions with local currency or another currency are not available for selection. A private version created with a default currency or a local currency.	N/A
Currency conversion disabled, but a default currency is defined.	A public version or a private version.	A private version.	N/A

Planning Model Settings

Input Planning Model Version

Output Planning Model Version

Comment

Currency conversion disabled but a dimension with currency is defined.

A public version or a private version.

A private version.

Note

If the measure has a currency, the currency attribute should be added as an entity to get distinct forecasts per currency to prevent mixed aggregations.

Currency conversion enabled.

A public version or a private version created with default currency or local currency.

Private versions with another currency are not available for selection.

A private version created with default currency.

Private versions with local currency or another currency are not available for selection.

A private version created with a default currency or a local currency.

N/A

Currency conversion disabled, but a default currency is defined.

A public version or a private version.

A private version.

N/A

Caution

You must have at least read access to the input version, and written access to the output version (private only). Public versions in edit mode are available for selection, but aren't supported.