{"id":25434,"date":"2025-08-02T05:29:35","date_gmt":"2025-08-02T05:29:35","guid":{"rendered":"https:\/\/tenthplanet.in\/odoo\/uncategorized\/create-currency\/"},"modified":"2026-02-18T12:25:23","modified_gmt":"2026-02-18T12:25:23","slug":"create-currency","status":"publish","type":"post","link":"https:\/\/tenthplanet.in\/odoo\/bharath-india\/create-currency\/","title":{"rendered":"Create Currency"},"content":{"rendered":"<div class=\"epyt-video-wrapper\"><iframe loading=\"lazy\"  id=\"_ytid_75391\"  width=\"800\" height=\"450\"  data-origwidth=\"800\" data-origheight=\"450\"  data-relstop=\"1\" src=\"https:\/\/www.youtube.com\/embed\/iqPvraVsVSY?enablejsapi=1&autoplay=0&cc_load_policy=0&cc_lang_pref=&iv_load_policy=1&loop=0&rel=0&fs=1&playsinline=0&autohide=2&theme=dark&color=red&controls=1&disablekb=0&\" class=\"__youtube_prefs__  no-lazyload\" title=\"YouTube player\"  allow=\"fullscreen; accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This video provides a detailed walkthrough on how to <strong>Create and Manage Currencies<\/strong> in <strong>Odoo18<\/strong>, demonstrating how to activate multi-currency support, set up exchange rates, and handle international transactions effectively.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Enabling Multi-Currency:<\/strong> The video shows how to navigate to <strong>Accounting &gt; Configuration &gt; Settings<\/strong> to activate the &#8220;Multi-Currencies&#8221; feature, which is essential for global business operations. <\/li>\n\n\n\n<li><strong>Activating Specific Currencies:<\/strong> The narrator demonstrates how to go into the <strong>Currencies<\/strong> menu, search for a specific currency (like USD, EUR, or INR), and switch it to &#8220;Active&#8221; so it can be used in transactions.<\/li>\n\n\n\n<li><strong>Setting the Main Currency:<\/strong> The guide explains that the &#8220;Company Currency&#8221; is the base for all accounting, and the video shows how to ensure your primary currency is correctly identified.<\/li>\n\n\n\n<li><strong>Manual Exchange Rates:<\/strong> You can see the process of adding a new line in the <strong>Rates<\/strong> tab of a currency record. This allows you to manually input the exchange rate for a specific date.<\/li>\n\n\n\n<li><strong>Automatic Rate Synchronization:<\/strong> The video highlights the option to automate rate updates by choosing a provider (like the Central Bank) and setting the interval to daily, weekly, or monthly.<\/li>\n\n\n\n<li><strong>Currency Formatting:<\/strong> The narrator shows how to customize the <strong>Currency Symbol<\/strong> and its position (Before or After the amount) to ensure invoices look professional and localized.<\/li>\n\n\n\n<li><strong>Transaction Application:<\/strong> The walkthrough concludes by showing a Sales Order created in a foreign currency, demonstrating how Odoo calculates the conversion in the background.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This guide is essential for any Odoo18 user who needs to manage international sales and ensure their financial reporting accounts for global exchange fluctuations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This video provides a detailed walkthrough on how to Create and Manage Currencies in Odoo18, demonstrating how to activate multi-currency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[355],"tags":[],"class_list":["post-25434","post","type-post","status-publish","format-standard","hentry","category-bharath-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/posts\/25434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/comments?post=25434"}],"version-history":[{"count":0,"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/posts\/25434\/revisions"}],"wp:attachment":[{"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/media?parent=25434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/categories?post=25434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tenthplanet.in\/odoo\/wp-json\/wp\/v2\/tags?post=25434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}