Progressus Currency

Project Currency Options

Project Card > Foreign Trade FastTab> Currency Code

Specifies the currency code for the Project. By default, the currency code is empty. If you enter a currency code here and on a time or expense entry, and select use posted currency for Resource and Expense on the Project Card, the system will create the Sales Invoice using the currency. If set, the currency will be used as the default currency in Project Journals and on Expense Sheets. If Use Posted Currency is not selected the Invoice will be created in LCY (local currency)

Project Card > Foreign Trade FastTab > Timesheet Currency Code

Specifies the non LCY (local currency) code to be used on Timesheets. Select from the standard Microsoft Dynamics D365 Business Central Currency List. If the Timesheet will use the LCY currency leave the field blank.

Project Card > Foreign Trade FastTab > Invoice Currency Code

Specifies the Currency Code to apply when creating Invoices for a Project. By default, the Invoice Currency Code for a Project is based on what Currency Code is defined on the Customer Card. If none of the use posted currency selections are set to yes/true, then all Invoices for that Project will be created in the currency in this field.

Project Setup – Use Invoice Currency Code

Select this option to use the Project’s Currency Code on the Invoice. This is important if the Customers Currency Code is different than the Project currency. If this box is not checked, then the invoice will be created with the Customer's currency.

Currency Hierarchy

Task Card

-Use Posted Currency setting on the Project or Task Card overrides Customer Card and Project Card Currency and Timesheet Currency Codes.

It produces invoices in the currency used for the entry – Posted Currency.

It does not override Project Setup - Use Invoice Currency Code = True.

Project Card

Invoicing FastTab

Use Posted Currency on Project Card and Task Cards overrides Customer Card and Project Card Currency and Timesheet Currency codes.

It does not override Project Setup - Use Invoice Currency Code = True.

Foreign Trade FastTab

  • Currency Code – used as the default currency in Time & Expense Journals and Project Journals entries, and Expense Sheet entries. If used in conjunction with Use Posted Currency, invoice will be created in this currency.

  • Timesheet Currency Code – Tasks updated at the time the Code is set will use this Currency Code on Timesheets. If used in conjunction withUse Posted Currency, invoice will be created in this currency.

  • Invoice Currency Code – used if prices/entries are LCY but invoice is to be in Non-LCY Currency. Only used for invoicing if Use Invoice Currency Code is selected (True) in Project Setup.

Customer Card

Currency Code overrides Project and entry Currency Codes – but not the Use Posted Currency setting.

Examples(Project Setup > Use Invoice Currency = False)

Currency Examples

Currency Examples

Currency Examples

Currency Examples

Currency Examples