Indicator scores in reference currency
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- UpdatedFeb 1, 2024
- 2 minutes to read
- Washington DC
- Performance Analytics
You can track the trends for monetary fields of the types Price, Currency, or FX Currency. The scores for an indicator based on any of these fields are collected in the Reference Currency values.
To collect these scores, select the unit on the indicator as Use reference currency
Sometimes you need to provide your users with monetary KPIs converted to a standard currency. Consider a global project manager or CFO who deals with project costs in many different original currencies. They need to see all these costs converted to the global company currency so they can make decisions based on global trends. To provide such users with the KPIs they need, you can configure Performance Analytics indicators to collect scores denominated in a reference currency.
- The indicator is an automated indicator, not a formula or a manual indicator.
- The aggregate is not Count or Count Distinct and the indicator is not Scripted.
- The selected Field to aggregate has the type Price, Currency, or FX Currency.
- The selected Unit for the scores is Use reference currency.
- A currency administrator must configure FX Currency fields before you use them in indicators.
- The Precision field is not available on the indicator form when Use reference currency is selected. Instead, the precision is inherited from the FX Currency configuration.
After the scores have been collected, you can explore them more deeply in the Analytics Hub or share them through a widget. The reference currency precision and symbol are used in all visual elements: the score value, change value, target, threshold, and tooltips.
System Reference Currency reference
As a Performance Analytics expert, you do not set up the reference currency. Someone with a currency administrator role performs this task. However, you may still want to know how reference currencies work on the ServiceNow AI Platform. A brief summary with links follows.
- If field-level FX Currency configurations are set, these take precedence. If they are not set...
- The Global FX Currency configuration is used. If the global configuration is not set...
- The setting in glide.system.locale is used. If no value is set in this property...
- The system default is used.
For more information about configuring FX Currency fields, see Setting up and operating FX Currency fields.