Multi-Currency Enhancements
Introduction
As of this update, if your organization only works with a single currency (meaning: the System Setting: Enable Multi-Currency is not enabled), in reports you will no longer see the currency code, e.g. 'EUR', 'USD', displayed in the report summary row totals.
In addition, a number of enhancements give more control for organizations working with multiple currencies:
Users can choose how to display currencies
Users can now select their local currency. This is especially useful for managers and users working with a single currency other than their organization's "base" currency.
For example: Project Managers in the French branch of a US company that reports globally in US Dollars. In addition, they can choose not to display the currency's code, which is not needed when working with a single currency.
The new Local Currency and Show Local Currency Code options are available in the user's settings.
Default Currency for Currency Pickers
When creating a new standalone item or related item from a Work Item, you can select a currency type using predefined default currency types. This makes it easier to input currency amounts and avoid selecting a currency type from a long list of currencies.
Previously, currency pickers would default to the organization currency.
Now, related items (Risks, Issues, Requests, Bug, Custom Objects, Customers) will default to the currency type of the Work Item they are being created from and you can define whether it should use the Cost Revenue Type or Revenue Currency Type.
To define a default currency in a custom field, you can define a Currency Type from the Default Currency, Cost Currency, or Revenue Currency.
Users who have set a Local Currency will see currency pickers default to their Local Currency when they create a new standalone Risk, Issue, Request, Bug or Custom Object.
Selecting the default Currency Type for Currency fields
Selecting the default currency in a new related item, in this case USD
Note: If the Admin changes the default at a later date, existing fields will not be affected.
More multi-currency enhancements will be released soon. Click here to learn more.