Currency Handling

This function enables you to control how currency conversion is handled in Portfolio and Project Management. Currency conversion can be used for data entered manually as well as for data extracted from Controlling for Project System. In Portfolio and Project Management, in the Financial Planning screen for an item, you can change the currency to display the financial data in (which may be different to the parent bucket currency).

Prerequisites

In Customizing for SAP Project System, under Start of the navigation path Integration with Other mySAP.com Components Next navigation step SAP Portfolio and Project Management Portfolio Management End of the navigation path , you have maintained settings in the following Customizing activities:

Maintain Gen. Settings for Portf. and Proj. Mgmt Intgrn
Convert Working Time Unit

In Customizing for SAP Portfolio and Project Management, under Start of the navigation path Global Customizing Next navigation step Global Settings End of the navigation path , you have maintained the currency exchange rate type settings in the activity Check Global Settings (area 0007 and name 0001).

Features

Currency handling includes the following features:

Periodic Currency Conversion
In Customizing, you can specify how often currency conversion takes place. Exchange rates are period based and therefore do not change frequently. You can specify, for example, the period breakdown as monthly so the system determines an exchange rate once a month.
For period currency conversion, to control the planning data associated with a project that is transferred from Project System to Portfolio Management, you can adapt the logic to your needs by implementing one of the following BAdIs:
- In Portfolio and Project Management implement BAdI: Financial and Capacity Planning(/RPM/FIN_CAP_PLAN, method MODIFY_EXCHANGE_RATE)
- In Project System implement BAdI: Transfer of Fin. Ctrlg Data to Portf. and Proj. Mgmt (RPM_FICO_INTF)
Online Currency Conversion
In the Financial Planning screen for a portfolio item, you can choose the currency in which to display the financial planning data.
Online Unit Conversion
In the Capacity Planning screen for a portfolio item, to ensure consistency between financial planning and capacity planning, you can choose to display capacity planning data in any time unit.
Smart Currency Conversion
When data is transferred from Project System, the Portfolio and Project Management system only does currency conversion when necessary.

In Controlling for Project System, the system differentiates between three currencies (controlling area, object, and transactions), so multiple exchange rates may apply to currency conversion for each period. However, the data transfer to Portfolio and Project Management is based on controlling summary records in Project System. This means that only one value for each period (and related value type, version, cost element, and so on) is transferred. During currency conversion in Portfolio and Project Management, currency handling produces the same results as in Project System, displayed in the currency you choose.