Use Inverted Currency Rate

by
Odoo

$ 53.16

v 11.0 v 12.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Lines of code 254
Technical Name currency_exchange_rate_inverted
LicenseOPL-1
Websitehttps://cortexsolutions.net
Versions 11.0 12.0 13.0 14.0
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Availability
Odoo Online
Odoo.sh
On Premise
Lines of code 254
Technical Name currency_exchange_rate_inverted
LicenseOPL-1
Websitehttps://cortexsolutions.net
Versions 11.0 12.0 13.0 14.0

Currency Exchange Rate Inverted

Overview

Odoo by default does not support the rate calculation method (divided or multiply) and the rate field by default has only 6 precisions so if your currency rates to other currencies are less than 1 then you will get many issues in the calculation.

This module enable you to use inverted rate.

Note: This module is tested and working in Odoo Community Edition but not tested in Enterprise Edition.

Features
Works with all Odoo Apps which uses currencies
Ability to change from using normal rate to use inverted rate and vice versa using a conversion wizard.
Works with all custom apps which uses res.currency rate field or currency methods.
By using a custom filed for inverted rate, all Odoo reports which uses currency rate field from SQL queries will show a correct data
By increasing the decimal precision on currency rate, we avoid any differences in the rate conversion.
How it works

Use inverted rate in a clean environment

If this is the first time you are using the multi currencies in your system (there is no rates for currencies), follow the below steps:
From currency form, click edit and check "Use inverted Rate" then click Save button.

Click on the Rates smart button and create a new rate and you will see "Use Inverted Rate" checked by default so you will enter the inverted rate.

Use inverted rate with a currency already has Rates

If you want to use the inverted rate with a currency already have entered rates, click on Change to inverted rate button as below:

The result of the above will be as below:

If you already use inverted rate and for any reason you want to change to normal rate, click on Change to normal rate button as below:

The result of the above will be as below:

How to import rate from excel/csv

If you want to import rates from excel/csv file, make sure to map rate filed in excel to inverted rate field in DB whether you are using inverted rate or not.

Complimentary Support

You will get 90 days free support for any doubt, queries, and bug fixing (excluding data recovery) or any type of issue related to this module.

This is applicable from the date of purchase

Please note that it's not allowed to distribute this module after purchase!

Help and Support

For any support or help related to Odoo Implementation, customization or development, please feel free to mail us on Our Sales Email.

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Hello Developer
by
tianshneg wang
on 2/13/20, 1:04 PM

Hello, can the accuracy of the exchange rate accuracy (rate) of the enterprise version be 0.000000 to achieve 0.0000000000?

Re: Hello Developer
by
Waleed Mohsen
on 2/13/20, 1:13 PM Author

Hello Wang, The exchange rate accuracy field accuracy by default is 6 digits after decimal and we increased it to avoid any issue during the dividing of inverted rate.