Currency Rate Inverted

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Odoo          
v 12.0 Third Party 292
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Technical name currency_rate_inverted
LicenseAGPL-3
Websitehttps://github.com/OCA/currency
Read description for v 11.0

Currency Rate Inverted

Beta License: AGPL-3 OCA/currency Translate me on Weblate Try me on Runbot

This module applies the inverse method in the conversion between two currencies.

The inverse method is a calculation method that uses the inverse (reciprocal) exchange rate for the multiplier and divisor when converting amounts from one currency to another.

The exchange rate of the multiplier and divisor are the reciprocal, or opposite, of each other.

The inverse method multiplies the foreign amount by the exchange rate to calculate the company currency (also called domestic) amount.

Table of contents

Configuration

To convert amounts from one currency to another using the inverse method, you have to go to Accounting / Configuration / Accounting / Currencies. Then select the foreign currency that you wish to maintain inversion for and set the flag Inverted exchange rate.

Bug Tracker

Bugs are tracked on GitHub Issues. In case of trouble, please check there if your issue has already been reported. If you spotted it first, help us smashing it by providing a detailed and welcomed feedback.

Do not contact contributors directly about support or help with technical issues.

Credits

Authors

  • Eficent

Contributors

Maintainers

This module is maintained by the OCA.

Odoo Community Association

OCA, or the Odoo Community Association, is a nonprofit organization whose mission is to support the collaborative development of Odoo features and promote its widespread use.

This module is part of the OCA/currency project on GitHub.

You are welcome to contribute. To learn how please visit https://odoo-community.org/page/Contribute.

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