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Hello all

I would like to set up chart of account using odoo16. I chose package "Hong Kong - Chart of Account" already. However, I would like to use 5 digit instead of original 6 digit preset. Can I change it in 5 digit.

Thank for your help

 

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Hi,

If you need to change the precision to 5 from 6, we have to change it from the currency menu. Navigate to Invoicing -> Configuration -> Accounting -> Currencies, open your company currency, and in the form view, we can see a field:  Rounding Factor, here we have to adjust the value to 0.000010 from 0.000001.


From here we can easily increase the precision to higher digits, but odoo will restrict you from reducing the precision as it can affect the existing transaction. If there is no entries in the system and if you are sure about the data consistency, you can run a query that performs the same for us.


Either directly from postgres or from the server action, run this query:  update res_currency set rounding = '0.000010' where id=YOUR_CURRENCY_ID;


Thanks

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