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Currency Revaluation. Is there any Module to automate it?

By
Zura Tsiklauri
on 8/27/15, 7:28 AM 463 views

For example I have 1000 EUR at 1.1.2015. My Base currency is in USD and in the balance sheet, I see at 1st jan: 1300 USD. Now, 6 months later, the exch. rate went down and 1000 EUR = 1100 USD. But still, I see 1300 USD on the balance sheet as no revaluation was made which should have recorder a loss in journal entries. Is there any module or idea how should I automate the revaluation?

0

Yenthe

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Yenthe
On 8/27/15, 8:21 AM

Hi Zura,

There is a module available for this by default. You can find it at https://www.odoo.com/apps/modules/8.0/currency_rate_update/ 
It is maintained by OCA (Odoo Community Association) and those modules usually work very good!


Update: Since I partially misunderstood this. I don't believe there is a module around that also re-valuates all currencies. You could write your own module that has a scheduler. When the scheduler is started you could loop over all the records and re-valuate them.

Yenthe

Thanks for the Answer, but I know this module and I use it. But I don't want update, I need revaluation. Update is not making a currency revaluation.

Zura Tsiklauri
on 8/27/15, 9:47 AM

Please read the example I provided.

Zura Tsiklauri
on 8/27/15, 9:48 AM

Oh sorry I kind of misunderstood your question. I'm not aware of any module doing this at the moment.. You could write it your own module with a scheduler that loops over the records and updates them all (re-valuate them).

Yenthe
on 8/28/15, 1:51 AM

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Asked: 8/27/15, 7:28 AM
Seen: 463 times
Last updated: 8/31/15, 3:32 AM