Multi Currency Management in Odoo 13 Website
www.cybrosys.com
INTRODUCTION ❖
An aspiring business organization's Product’s/Service’s scope is not limited to the domestic market but extends to the international market also.
❖
And international transactions always involve the currencies other than the domestic one.
❖
Such an organization's ERP software should have multi-currency support to keep the accounting as well as other related records intact.
❖
Odoo is a universal ERP package that accommodates the global as well as most of the domestic standards.
❖
In Odoo, the user can configure multiple currencies for the transaction, set its exchange rate and assign different currencies for individual partners and book of accounts.
❖
Odoo will allow you to send sales invoices, quotes and purchase orders or receive bills and payments in currencies other than the default/domestic currency.
❖
It is a default feature in Odoo and the user just has to enable the option and configure the values.
Goto Website > ConďŹ guration > Settings > Enable Multi Currencies > Save
Click on Currencies
For create > Click Create button
For create > Click Create button.For set rate for the currency > Click Rates smart button
Provide rate for the currency > Save.
To set currency for an account : Goto > ConďŹ guration > Chart of Accounts
Create pricelist and set currency from products > Pricelists
Create ďŹ rst price list and set currency > Save , Make it selectable under conďŹ guration
Create second price list and set currency > Save , Make it selectable under conďŹ guration
Goto website > Shop > Select one product >We can see active pricelist and price
Change the pricelist and we can see the difference
For More Details
Check our company website for related blogs and Odoo book. Odoo Multi-Currency
Check our YouTube channel for functional and technical videos in Odoo. Multi currency management in odoo13 website
Thank You