Property reference

com.snc.project.multicurrency.rollup_if_different

The com.snc.project.multicurrency.rollup_if_different property allows financial rollups from sub-projects to parent projects even when their currencies differ. When enabled, it converts sub-project values to the parent project's currency, which is crucial for accurate financial reporting across different currencies.

Default: false Type: boolean Application: Global

Key questions about this property

The answers below summarize the purpose, scope, default effect, and review scenarios for this property.

What does it do? This property enables the rollup of financial data from sub-projects to parent projects when their currencies are different, converting amounts to the parent project's currency during the process.
What area does it affect? Project Financial Management
What does the default mean? The default value is "false", which means this behavior is disabled by default.
When should you review it? Review this property when setting up projects with different currencies or adjusting financial reporting requirements.

Out of the box property record

Raw metadata from the property record.

Property name com.snc.project.multicurrency.rollup_if_different
Sys ID 95120a1577633300e8f94a57d810613d
Type boolean
Application Global
Default value false
Description This property controls sub-project financial rollups in situations where the sub-project and the parent project have different project currencies. When this property is turned on, this type of a rollup would be allowed, and the values will be converted to the parent project currency at the time of conversion. When this property is turned off, the sub-project to parent project rollup would only be allowed if project currencies match.
Updated 2019-10-29 09:56:36

Sources

Official references and nearby text excerpts where this property appears.

Documentation excerpt View supporting context
Context preview Snippet 1
... so only if the project does not have a cost plan, benefit plan, or expense lines attached to it. Roll up project financials from sub-projects to parent projects Use the com.snc.project.multicurrency.rollup_if_different property for financial rollups when the sub-projects and parent project have different project currencies. Multicurrency cost rollup property behavior Property flag Behavior True If the property is set to True, ...