how to manage it with odoo :
DIGICOM LEC operates a foreign currency trading service, enabling clients to buy and sell international currencies such as the Euro (EUR), the US Dollar (USD), and the Central African Franc (XAF/FCFA). The company facilitates real-time cash currency exchange for individuals, businesses, and financial agents.
Our services include:
- Buying foreign currencies (e.g., buying EUR in exchange for FCFA at a defined rate)
- Selling foreign currencies (e.g., selling USD or EUR for FCFA)
- Real-time stock tracking of each currency unit as an inventory item
- Automated accounting and reporting using the Odoo ERP system
- Manual cost valuation to reflect exchange rate fluctuations
- Internal currency stock movements across country-specific locations
- Secure and compliant operations aligned with financial regulations