How to Manage Multi-Currency in Odoo 16 | Odoo 16 Functional Videos – CBMS Odoo ERP

How to Manage Multi-Currency in Odoo 16 | Odoo 16 Functional Videos – CBMS Odoo ERP

You can send sales invoices, quotations, and purchase orders as well as receive bills and payments in currencies other than your own by selecting to use Odoo’s multi-currency option. #odoofunctionalvideos

Video Chapters
00:00 Introduction
00:22 Enabling Feature From Configuration Settings
01:28 Pre-Configured Currencies
02:47 Activate Currency
03:16 Create Product Tab
04:08 Set Currency for vendor
04:30 Create bill for vendor
05:59 Create another product and save
06:29 Creating another bill
06:49 Price Calculation
08:16 Create Invoice
09:12 Configuration settings post-exchange difference
10:40 Enable Pricelist
11:05 Create Invoice
11:39 Set Pricelist
12:14 Create Invoice
12:50 Go to Internal Link
13:08 Adding Products
13:23 Chart of Accounts

Users have the option to define numerous currencies for the transaction, adjust the exchange rate, allocate various currencies to certain partners and charts of accounts, and run reports on their foreign exchange transactions.
#odoo16 #odooenterprise

Go to Configuration Settings in the accounting module, check the box for Allow multi-currencies, and then click Apply.

#Manage #MultiCurrency #Odoo #Odoo #Functional #Videos

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