How do I configure PyCharm's Coverage checker to recognize .coveragerc?

There is a feature request for this at

You can make PyCharm use the .coveragerc by putting it into the working directory you run your tests from.

The feature request from was implemented and works in version 2018.1.

There is a different way to make PyCharm ignore certain files and folders:

In the Settings choose Project: ... - Project Structure. Here you can mark folders as Excluded or exclude files specifically.

PyCharm`s code coverage reports ignores all those exluded files, too.