Currency Monthly Rate
Record Monthly rate in addition of the daily rate for currencies in order to use monthly rate or daily rate in Odoo according to the object/topic
Currency Monthly Rate
Record Monthly rate in addition of the daily rate for currencies in order to use monthly rate or daily rate in Odoo according to the object/topic
STORY BEHIND THE FEATURES
ODOO'S FUNCTIONS
Odoo provides automatic currency updates with a frequency and uses this policy for all objects within Odoo.
CLUEDOO'S FUNCTIONS
Cluedoo considers that exchange rate management can be different for each app, especially with the frequency of updates.
For accounting purposes, we strongly recommend daily updates in order to limit unexplained exchange rate gains or losses.
For sales and purchases, daily frequency is too important and it's better to fix on a monthly or yearly basis.
MODULE +
Do not force departments to agree on one currency update frequency. Give the option between different frequencies and different update methodologies (daily and automatic, monthly and manual).
CLUEDOO RECOMMENDATION
This is quite technical module that should be mainly used to give more flexibility on customer and supplier pricelists.
OUR FEATURES AS SOLUTIONS
Add Currency Monthly Rates in Currencies
HOW TO USE THIS MODULE
1.
On User Setting, check the 'Monthly Currency Rates' and 'Multi Currencies' boxes. Then, set Multi Currencies.
2.
Go to Accounting → Currencies. In the List View, it will show the monthly currency rate.
3.
Go to the Currency (in this case, USD). There is a Monthly Rates tab.
4.
Create new Monthly Rates. It will show the year and month and the rate in that year and month.
