Multi Currency Revaluation Unrealized Gain Loss

by
Odoo

107.27

v 10.0 v 11.0 v 12.0 Third Party 18
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Technical Name scs_currency_revaluation
LicenseLGPL-3
Websitehttp://www.serpentcs.com
Versions 15.0 14.0 13.0 16.0 12.0 11.0 10.0
You bought this module and need support? Click here!
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Technical Name scs_currency_revaluation
LicenseLGPL-3
Websitehttp://www.serpentcs.com
Versions 15.0 14.0 13.0 16.0 12.0 11.0 10.0

When you run the revaluation process, the balance in each main account posted in a foreign currency will be revalued. The unrealized gain or loss transactions that are created during the revaluation process are system-generated.

  • Currency Revaluation
    • Compute unrealized gain loss
    • Auto generate revaluation currency entries
    • Auto generate unrealized gain loss reversal entries

Company Configuration

Configure currency gain and loss account in company configuration that will be used to make currency valuation entries each month.

Currency Rate Configuration

Default company currency is INR and we set USD currency rate compared to INR as base currency.

Auto Scheduler

Default schedule that runs 1st of everymonth to generate currency valuation entries. It will generate valuation entries and then reversal entries of the valuation.

Multi Currency Invoice

Invoice creation with multi currency USD that will generate secondary currency accounting entries on validation.

Multi Currency Invoice Entries

Invoice creation with multi currency USD that will generate secondary currency accounting entries with amount currency and currency amount in entries with currency rate conversion amount in credit and debit field.

Currency Valuation Entry

On 1st of everymonth following entries will be generated automatically based on Scheduler action.

Currency Valuation Reverse Entry

On 1st of everymonth following entries will be generated automatically based on Scheduler action. That will balance unrealised gain loss entries.
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by
Jay Vora - SerpentCS
on 9/4/19, 3:37 AM Author

Susanto, Can you send an email on contact@serpentcs.com ? Thanks,


Demo
by
Susanto Wijaya
on 9/4/19, 3:01 AM

Hi, Do you have demo database for it? Thanks