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When printing checks in Ver 7.0 does it print the amount with euro and cents no matter what the base currency is?

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Maybe there is a misconfiguration on your database. Please go to Settings>Configuration>Accounting and enable multicurrencies. Then go and check where the currency is on Euros.

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The standard check_writing module in v7.0 has several limitations. The one you mention is one of them. You should use the following module (scheduled to be merged in core):
https://code.launchpad.net/~openerp-dev/openobject-addons/7.0-account_check_writing

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I'd be delighted to get a better check writing module, so I checked this thread with interest. However, that "module" you linked to absolutely gigantic - containing practically all OE modules - ?? One of the modules is "account_check_writing". Does this meant that I have to move my whole OE codebase from stock to this branch for just one module? More details would be great!