Use this tab to define the currency types used for the project. Project Specific Currency Rate Type for Accounting is the currency type used for accounting in the project. Budgeting and Forecasting Currency Rate Type is used to display the project costs in the base currency when the rates are fixed. It also means that functionality for budgeting and forecasting in multicurrency is meant to be used, enabling budgeting and forecasting in transaction amounts. Project Currency is mainly used for cost control and reporting purposes and provides a budgeting and forecasting view in a single non company based currency, i.e., any currency can be used as project currency.
Assign ETC In Forecast Info is used only when the Budgeting and Forecasting Currency Rate Type and the Project Currency Rate Type are used at the same time and the rate types are different. The remaining values will not equal to 0 (zero) in all the columns when moving source line values, if the currency of the moved values and the source line differ. Either the Project or the Base B&F Rate option must be selected to make the remaining value 0 (zero). The validation currency value will not change during the move.
BDR for Project Budgeting and Forecasting