Odoo is the world's easiest all-in-one management software. It includes hundreds of business apps:
CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
Suppose My Base currency is USD and I have a customer invoice = 1000 EUR, I created this invoice at 01/01/2015 when the currency rate was: 1EUR=2USD. In customer, I see the receivable: 2.000 USD. Now, at 10/30/2015, rate is: 1 EUR =5USD. Customer paid me 500 EUR. Invoice balance stays: 500 EUR, but the PROBLEM IS: In customer object, I see the receivable in a minus sign: -500. Since System regarded 500 EUR=2500 USD, and system tells me in chart of account, and in Customer receivable field that I have minus 500 receivable which means I have to pay the customer:) I believe this is a bug, since system should have decreased receivable by OLD rate, and the difference should have gone to exchange rate gain account which means that I should have receivable: 1000 USD, and gain from rate increase should be 1500 USD.
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
This platform is for beginners and experts willing to share their Odoo knowledge. It's not a forum to discuss ideas, but a knowledge base of questions and their answers.Register
Odoo Training Center
Access to our E-learning platform and experience all Odoo Apps through learning videos, exercises and Quizz.Test it now
|Asked: 10/19/15, 11:13 AM|
|Seen: 457 times|
|Last updated: 10/19/15, 11:14 AM|