Odoo Help

Welcome!

This community 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.

0

Discrepancy in Currency Conversion w.r.t MultiCurrency

By
deep
on 2/26/15, 5:23 AM 574 views

Due to the restriction of Decimal digits percision in the Currency (i.e upto 6 decimal dights), the exact conversion rate cannot be entered...

So I find the applied Conversion Rate on Invoice Amount while been passed to Journal Entry is having some minute loss of amount...

Though the loss/gain of Conversion Rate is viable for single record, but there exists a enormous discrepancy in terms of Numerous Invoice Records...

So I would like to know, is there any fix for this....,

One thing is for sure though, if I increase the Currency master digits percision, this problem can be solved... So I wonder why Odoo has given the option of entering the conversion rate equivalent to 1(base currency) after division of 1

Say for example:
If Base Currency is INR, which is 1:
Then USD conversion is 60INR,  so in odoo we need to enter 0.0166667 (i.e 1/60 = 0.016666667)

Instead I would suggest why not we enter it is 60, in that way I feel the division decimals will be retained as it is, and even the resultant will have no loss..

However I feel there must exist something in order to fix it...

Your Answer

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 community is for professionals and enthusiasts of our products and services. Read Guidelines

Question tools

1 follower(s)

Stats

Asked: 2/26/15, 5:23 AM
Seen: 574 times
Last updated: 3/16/15, 8:10 AM