A company has multi-currency projects and tasks. What is the hierarchy in which the currency attributes are allocated to a transaction?

Note:

Setting up Multi-Currency Transactions

To set up your system to process multi-currency transactions, perform the following steps:

* Implementation Options

Use the Currency Implementation Options to control the default values for currency attributes at the

operating unit level. Oracle Projects uses the currency attributes to calculate currency exchange

rates. See: Currency Implementation Options.

* Currency

For each project for which you want to process multi-currency transactions, set up the Currency

options in the project and task options window. This option enables you to enter default currency

attributes for a project. See: Currency, Oracle Projects Fundamentals.

* Cross Charge

You can use the Cross Charge Options to specify whether the project can accept charges from other

operating units. See: Cross Charge Setup, Oracle Projects Fundamentals.

* Task Currency and Cross Charge Options

* You can use the Task Currency and Cross Charge Options to override the costing currency

conversion attributes and cross charge options in a lowest task. See: Currency, Oracle Projects

Fundamentals and Cross Charge Setup, Oracle Projects Fundamentals.

* Transaction Entry and Transaction Import

During Transaction Entry and Transaction Import, you can override the project and task currency

attributes. See: Entering Expenditures, Oracle Project Billing User Guide and Currency Conversion

Attributes for Imported Transactions, Oracle Projects APIs, Client Extensions, and Open Interfaces

Reference.

Reference: Oracle Projects Implementation Guide