Advanced Currency Rate Manager
by Odoo GlobalOps https://apps.odoo.com/apps/modules/browse?search=globalops$ 44.99
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Purchase (purchase) • Sales (sale_management) • Discuss (mail) |
| Lines of code | 518 |
| Technical Name |
currency_exchange_rate_go |
| License | OPL-1 |
| Website | https://apps.odoo.com/apps/modules/browse?search=globalops |
| Versions | 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Purchase (purchase) • Sales (sale_management) • Discuss (mail) |
| Lines of code | 518 |
| Technical Name |
currency_exchange_rate_go |
| License | OPL-1 |
| Website | https://apps.odoo.com/apps/modules/browse?search=globalops |
| Versions | 18.0 19.0 |
Custom Currency Rate Management
Advanced multi-currency module that provides custom exchange rate management across invoices, payments, purchase and sales orders. Perfect for businesses requiring fixed or negotiated exchange rates.
- Custom Rate Override: Manually set exchange rates for invoices, payments, and orders
- Multi-Model Support: Works with invoices, payments, purchase orders, and sales orders
- Permission-Based Editing: Control who can edit exchange rates via user groups
- Rate Inheritance: Automatic rate transfer from orders to invoices
- Historical Rate Preservation: Fixed rates don't change with market fluctuations
- Performance Optimized: Uses LRU caching for fast rate calculations
User Group Configuration
Grant permission to edit currency rates through user groups
Navigate to: Settings â Users & Companies â Groups â Assign users to "Custom Currency Rate" group
Only users in this group can manually edit exchange rates on invoices and payments
Invoice Currency Rate
Custom exchange rate field on customer invoices and vendor bills. Rates persist after posting.
Payment Currency Rate
Set custom rates for payments. Rates are locked after journal entry creation to prevent changes.
Order Currency Rate
Custom rates on purchase and sales orders that automatically transfer to related invoices.
Purchase Order Custom Rate
Manual rate override on purchase orders
Set custom exchange rates for purchase orders that will flow to vendor bills
Sales Order Custom Rate
Manual rate override on sales orders
Set custom exchange rates for sales orders that will transfer to customer invoices
Journal Entry Rate Management
Custom rates on manual journal entries
Set custom rates for manual journal entries with multi-currency transactions
Payment Register Rate
Batch payment rate configuration
Set custom exchange rates when processing batch payments through the payment register
Fixed-Rate Contract Management
Scenario: Annual software licensing contracts with European customers at fixed EUR/USD rates
Solution: Set custom rates on sales orders at contract signing. Rates flow to invoices and remain fixed regardless of market fluctuations. Ensures predictable revenue recognition and protects against currency volatility.
Manufacturing Import/Export
Scenario: Importing raw materials from China with negotiated rates different from market rates
Solution: Use custom rates on purchase orders for raw material imports. Lock rates at time of order to maintain consistent cost accounting. Rates flow to vendor bills and subsequent payments.
Multi-Company Organizations
Scenario: Intercompany transactions between parent and subsidiaries in different countries
Solution: Set internal transfer pricing rates on journal entries. Use custom rates that differ from market rates for management accounting purposes. Ensures consistent internal reporting across entities.
Treasury & Risk Management
Scenario: Hedging currency exposure through forward contracts with banks
Solution: Apply forward contract rates to payments and journal entries. Lock in favorable rates for future transactions. Track actual vs. hedged positions accurately.
Financial Reporting & Compliance
Scenario: Monthly closing with historical rates for accurate financial statements
Solution: Preserve original transaction rates for audit trails. Maintain historical accuracy for comparative reporting. Comply with accounting standards requiring transaction-date rates.
International E-commerce
Scenario: Selling products globally with country-specific pricing strategies
Solution: Apply custom rates for different market segments. Maintain consistent local currency pricing while recording in base currency. Automate rate application from sales orders to invoices.
Import/Export Trading
Manage letter of credit rates, forward contracts, and international trade financing
Real Estate Development
Handle property sales in foreign currencies with fixed pre-agreed rates
Healthcare Services
Medical tourism billing with fixed package rates in multiple currencies
Education & Training
International student fee management with academic year fixed rates
Audit Compliance
Maintain audit trails with fixed historical rates
Fast Processing
LRU caching ensures high performance
Secure Control
Granular permissions for rate editing
Seamless Integration
Works across all Odoo financial modules
Do You Need Assistance or Have a Feature Request?
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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