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Oracle Primavera - PM6

Currency

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Sajid SyedMember for 18 years 8 months
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I was going through the currencies included in P-6.

It was strange to know that even though that very unimportant / minor currencies like Mexican Peso, Israel Shekel, Argentine Peso and Swiss Franc are available in the currencies list,

some of the major currencies from middle east (where Primavera earns its major revenue) are not in the List. These include Saudi Rial, UAE Durham and Kuwait Dinar.

Any idea regarding their criteria for selecting currencies for their software?????
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12 replies

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  1. 0
    Mike Testro ·
    #1
    Hi Sajid

    P6 is American so what would you expect - anywhere outside America - north & south - or the banking system - just doesn’t exist.

    In PowerProject you can select any currency as a default.

    Best regards

    Mike Testro
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  2. 0
    Arnold Puy ·
    #2
    Hi Sajid,

    The default currency is USD. You cannot change and delete the base currency; however, you can change its ID, name, and symbol to that of a different currency to use as your base.

    For example, to change the base currency to Saudi Riyal, select the base currency, type the Currency ID for SAR, enter Saudi Riyal as the Currency Name, and specify the Currency Symbol used to identify Saudi Riyal.

    Regards,

    Arnold

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  3. 0
    David Kelly ·
    #3
    Sajid,

    BE VERY CAREFULL - only an American would think that P6 is a multi-currency system. By any definition that we understand in EMEA it is NOT. You can change the symbol used, you can apply a universal factor to all amounts of money BUT with no reference to dates - so all transactions whether in the future or past are changed.
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  4. 0
    Sajid Syed ·
    #4
    How. Please provide some more details
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  5. 0
    Arnold Puy ·
    #5
    Hi Sajid,

    The one I explained provides you more details. What else do you need? Please elaborate.

    Regards,

    Arnold
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  6. 0
    Sajid Syed ·
    #6
    Sorry i couldn’t pick from you post so please make it a bit simpler by writing down stepwise of through a screen shot
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  7. 0
    Arnold Puy ·
    #7
    Hi Sajid,

    Go to Admin --> Currencies --> then follow my post #3.

    Regards,

    Arnold
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  8. 0
    Muhammad Mehmood ·
    #8
    Hi Arnold,

    I tried the way you are telling, but it won’t work. Neither ID nor symbolt etc, i don’t know why.

    Regards,
    MUHAMMAD
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  9. 0
    Sajid Syed ·
    #9
    Same Here
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  10. 0
    Alexandre Faulx-Briole ·
    #10
    Sajid and Muhammad,
    as Arnold says:
    Go to Admin, Currencies,
    Select the Base currency on row # 1,
    Use the General tab to edit the Currency ID, Curency Name and Symbol fields to fit your national currency; do not edit the Exchange Rate field, it reflects the rate of a specific currency against the base currency,
    If necessary, add a new currency to have the US dollar again
    If necessary, edit the Exchange Rate field for each currency you will use against the base currency.
    Click OK; it works, and well
    Alexandre
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  11. 0
    Sajid Syed ·
    #11
    Thanks
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  12. 0
    Arnold Puy ·
    #12
    Thanks Alexandre for the support.

    Report

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