Set up exchange rates
The highlighted information on this page refers to functionality not yet generally available. It is available only in the Preview Sandbox environment.
As an Adobe Workfront administrator, you can set up currency exchange rates in Workfront. This includes the following:
- Setting the default currency for the Workfront system
- Updating exchange rates in Workfront to match current exchange rates
- Configuring the exchange rates for multiple currencies (doing so enables users to choose a default currency for individual projects)
Exchange rates impact all financial elements in Workfront. The base currency is the default currency for all projects and reports throughout the system, unless it is overridden for a given project or job role. The current base or default currency is indicated with an icon
For more information about overriding the base currency in Workfront for projects and job roles, see the following articles:
The way that you set up exchange rates affects whether users can modify exchange rates for a given project.
Access requirements
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|---|---|
| Adobe Workfront package |
To set up exchange rates: Any Workfront or Workflow package To apply effective dates to exchange rates: Workflow Ultimate package |
| Adobe Workfront license |
Standard Plan |
| Access level configurations | System Administrator |
For information, see Access requirements in Workfront documentation.
Set up exchange rates
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Click the Main Menu icon
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Click Project Preferences > Exchange Rates.
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Click Add currency.
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In the Add currency box, begin typing the name of the currency, then click it when it appears in the drop-down list.
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In the Exchange rate field, enter the rate for the currency that you selected, compared to the currency that is set as the base currency in the system.
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Click Add to add the new currency and its exchange rate.
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(Optional) To change the base (default) currency, do one of the following:
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Select the check box next to the currency name and select Make Default in the action bar at the bottom of the screen.
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Hover over the currency name and click the More menu that appears. Then, select Make Default.
The new default currency is updated with the icon
note note NOTE The default currency always appears first in the list, regardless of how the list is sorted.
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(Optional) To delete a currency, select the check box next to the currency name and select Delete in the action bar at the bottom of the screen. You cannot delete the default currency.
Set effective dates on a currency’s exchange rates
Effective dates for a currency’s exchange rates are configured so that a rate value ends on a specific date and another rate begins. The exchange rate for the correct date is then used in financial calculations.
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Click the Main Menu icon
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Click Project Preferences > Exchange Rates.
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Select a currency in the list, and click Manage dates on the action bar.
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On the (currency name) date effective rates dialog, choose an End Date for the current exchange rate.
Or
Choose a Start Date for the new exchange rate.
The first exchange rate will not have a start date and the last rate will not have an end date. Some dates are added automatically. For example, if the first rate does not have an end date, and you add an exchange rate with a start date of December 1, 2025, an end date of November 30, 2025 is added to the first rate so that no gaps exist.
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Type the new Exchange rate value.
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(Optional) Click Add date effective rate to add more exchange rates with effective dates for this currency.
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Click Save.
Enable users to modify the default currency for a project
Users can modify the default currency for a project when the following conditions are met:
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The user has a Standard or Plan license with administrative access to Exchange Rates.
For more information, see Grant users administrative access to certain areas.
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More than one currency is enabled on the Workfront system.
For information about how users can change the default currency on a given project, see Change the project currency.
Enable users to modify the default currency for a job role
Users can modify the currency for a job role when the following conditions are met:
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The user has a Standard or Plan license with administrative access to Job Roles.
For more information, see Grant users administrative access to certain areas.
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More than one currency is enabled in the Workfront system.
For information about how users can change the default currency on a given job role, see Create and manage job roles.