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  • 1.  Mid Month Currency change impact on ITP

    Posted 01-13-2023 00:09

    Hi Community!! Please help me with below questions-


    One of our customer is expecting currency changes in middle of month, say for first 15 days it will be AED and will be changed based on rates from AED to USD exchange but after 15 days AED will change to EUR and now it will be EUR to USD. So how it can be implemented in ITP Solution and will be any impact if we try to implement solution, if there us any suggested? First Priority.

    What will be the impact in CT - Which I believe, will be none - since Currency Exchange Rate table will be sending reference values(defined Rate) for given currency code in GL which will give final amount. Please let me know If I am thinking right.  Second Priority.




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    Bhupendra Singh Sisodiya
    Technology Consultant
    Accenture India
    Banglore
    (938) 415-3311
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  • 2.  RE: Mid Month Currency change impact on ITP

    Posted 02-13-2023 17:49

    Hello -- tagging one of our Technical Advisors here to help answer your questions. @Juan Jose Jarillo



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    Jasmine Ellsworth
    Programs Manager
    TBM Council
    Bellevue WA
    5095903710
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  • 3.  RE: Mid Month Currency change impact on ITP

    Posted 02-16-2023 18:17

    Bhupendra,

    Let me first suggest you post this question in the Apptio product community using the link below. That forum will expose the question to product experts and practitioners:

    https://community.apptio.com/communities/apptioproducts?CommunityKey=746e8816-0dae-489a-8b34-98a9ce69ec2d

    There is a technical limitation in the planning tool where you need to have a baseline currency (one). And it should be the same one  you use in Cost Transparency. Once you have the baseline currency you will be able to add other currencies with exchange rates, but the concept of a currency baseline may be a technical constraint to your question.

    There are no limitations to how many times you update exchange rates.

    Hope you find this answer helpful



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    Juan Jose Jarillo
    Customer Success Advisor
    Apptio
    Davis CA
    (650) 430-5358
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