change the decimal precision of the rate exchange

Question

In Odoo 17 Community Edition, I'm trying to create a purchase order for a foreign vendor and apply a manual exchange rate. However, the issue is that the rate’s decimal precision is limited to two digits after the comma, and I want it to display four digits for more accuracy. how can i do that

thanks in advance

Cybrosys Techno Solutions Pvt.Ltd · Answer

Hi,

In Odoo, currency decimal precision defaults to two digits, which limits manual exchange rates to two decimals. To use four decimal places, go to Accounting → Configuration → Currencies, select the currency, and set the Rounding Factor to 0.0001. This allows you to enter a manual exchange rate with four decimals when creating a purchase order for a foreign vendor, ensuring accurate calculations.

Hope it helps

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