General overview

The Check Project Currency functionality can be enabled from Jira Connect Setup > Period Setup.

By default, the toggle is disabled.

When enabled, the following cases may occur for the imported projects before processing issues (see below).

For new projects

After the project import, the error log will display the Currency Code error. You must specify the Project Currency Code or approve the error if the Project should be in Local Currency (= empty Currency Code). 

Note: You will not be able to change the Project Currency Code after at least one related Job Ledger Entry is created. In other words, after at least one related worklog is processed, you can't change the Currency Code.

In the Customer-Project Links page, there are two new fields:

• Project Currency Code
• Currency Approved

How to specify the Project Currency Code?

For multiple projects, use the Bulk Set Project Currency Code action:

For single projects, select the Project Currency Code manually:

Note: After the Project Currency Code is specified, it's automatically approved (Currency Approved field updates to Approved):

If you don't specify the Project Currency Code (leave the field blank), it is assumed that the Project is in Local Currency (no currency approval).

After you have specified the Project Currency Code (or leave it blank) for your projects, you can return to the error log and approve all the errors related to this field. As soon as the errors are approved, the Currency Approved field updates to Approved for all projects (both with specified Currency Code and with Local Currency).

Currency Code in the Project Card

The approved Project Currency Code (see above) is displayed in the Project Card > Foreign Trade tab:

If you change the Currency Code in the Project Card, it is updated accordingly in the Customer-Project Links.

Important: As per BC Standard behavior, if the Currency Code is specified in the Customer Card, this Currency Code is displayed in the Project Card as Invoice Currency Code (Project Card > Foreign Trade).

And if you specify the Currency Code in the Project Card, the Invoice Currency Code is removed. Only one field can be specified.

For existing projects

If you enable the Check Project Currency toggle and import the projects that already exist in BC (i.e., the worklogs are processed), the system automatically approves the existing currency in the Customer-Project Links, so that you cannot change the Project Currency Code.

In case there are no processed worklogs yet (only issues), you can specify the Project Currency Code and approve the related error.