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Re: How the multi-currency is handled in muli-company of Odoo 8?

by
Shanghai Open Stone Co., LTD., Oliver Yuan
- 09/05/2015 08:55:30

Thank you so much, Eric. Not sure if Odoo 9.0 Enterprise will address this.  - Oliver

 
 
------------------ Original ------------------
Date:  Sat, Sep 5, 2015 06:54 PM
To:  "Community"<community@mail.odoo.com>;
Subject:  Re: How the multi-currency is handled in muli-company of Odoo 8?
 

Usually if you are gonna need accurate accounting, 3 sets of currency.
Update strategies , unrealized assets revaluation and precision might be different. Besides the accountant wants to see the rates based on their main currency.


On Sat, Sep 5, 2015, 16:37 Oliver Yuan <oliver.yuan@openstone.cn> wrote:

Hi Community,

How the multi-currnecy is handled in muli-company of Odoo 8? I'm defining multi companies with Odoo 8.0. There're three parallel companies -

   1. A company with CNY as the base currency, USD and EUR as secondary currencies.
   2. B company with HKD as the base currency, USD and EUR as secondary currencies.
   3. C company with USD as the base currency, EUR as secondary currency.

The dilema is that when CNY is the base currency, USD and EUR 's exchange rates need to entered based CNY, but we can't have HKD, USD as base in one set of currency.To solve the issue, we need to define 3 sets of currency [(CNY, USD, EUR), (HKD, USD, EUR), (USD, EUR)]  for each company? Is this a right way?

Your inputs will be highly appreciated. Thanks!

Oliver

 

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Eric  Caudal (from my mobile)

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