Use this toolkit to update transaction currency amounts stored in the billing history tables to a new transaction currency. This toolkit was designed primarily for companies converting to the Euro; however, you can use it any time you modify a project's transaction currency and you need the cumulative data shown in the new currency. The billing currency that you enter in this screen is the currency to which the history tables are converted. The toolkit uses the rate group entered on the Manage Project Billing Information screen to find the correct conversion rate in the Exchange Rate tables. The functional currency stored in the billing history tables is used as the basis to convert to the new transaction currency.
You must enter the new Billing Currency and Rate Group on the Other Info tab of the Manage Project Billing Information screen before running this toolkit. The application processes only projects whose billing currency on the Manage Project Billing Information screen matches the one entered in this screen. If any records exist on the Manage Standard Bills screen for projects being processed, you should either post them or set them to unselected status before running this toolkit. If an unselected record is on the Manage Standard Bills screen when you run this toolkit, it must be recalculated.
This field always displays One.
Enter, or click 
to select, the currency to which you would like to convert. All currencies set up in the Manage Currencies screen are available in . The currency you select must be different from the currency in the billing history tables. If no difference exists, Costpoint displays an error message. Only those projects that have this currency code assigned to them on the Manage Project Billing Information screen are available for processing. This is a required field.
This field always displays One.
Enter the conversion date you would like to use in this field. Costpoint uses this date to determine which conversion rate must be selected on the Manage Exchange Rates by Date screen. The default is the system date.
Select the projects you would like to process in this group box. Only those projects that have the same currency on the Manage Project Billing Information screen and this screen are available for processing.
Use the drop-down list to select the range of projects to process. Options are:
All — Select this option to process all projects that meet the transaction currency criteria.
Range — Select this option to process a range of projects as specified in the Start and End fields.
One — Select this option to process a project as specified in the Start field.
After selecting the Range or One option in the Project Range group box, enter, or use the Lookup button to select, the beginning (Start) and ending (End) project.
Click 
to start the toolkit.