Project Management Central
Can MS PROJECT handle multiple base currencies for resource costs? For example I rent my forklift in Indonesia and have a monthly Indonesian Rupiah Currency cost. I pay my PMP in US Dollars. Both are
Can MS PROJECT handle multiple base currencies for resource costs? For example I rent my forklift in Indonesia and have a monthly Indonesian Rupiah Currency cost. I pay my PMP in US Dollars. Both are work resources. Can we track both in MS Project 2016 in their native currency formats? Thank you Saving Changes...
As far as I know there is no out-of-the-box way to associate different currencies with different resources such that the aggregation of estimates or actuals will handle correct conversions. What you could so is use some custom fields to capture this type of info but it might require some macros or VB to get you the roll-up reporting you'd be looking for.
This is with reference to the MSP standalone (desktop) application - it is likely easier to extend MSP Server through the back-end to handle this...
Most of the financial project they have their own country base currency and all other transaction they would have a range of exchange rate to apply, we do the same we have CAD vs US$ Your time frame of the project and your chartered accountant will determine the range of exchange rate considering both bank rate and open market rate and if there is any rebate on your business. Saving Changes...