Daily updates from Odoo
Wednesday, April 1, 2020
1 change
New functionality added to Odoo
Adds a new accounting report to help businesses monitor currency exposure and prepare required provision entries for likely exchange gains or losses. Accountants can review balances by account and currency, apply custom rates, exclude selected accounts, and create adjustment entries that reverse automatically.
Original PR description
Task 1819042 In multi-currencies environments, we need a way to control the risk related to currencies (in case some are higthly fluctuating) and, in some countries, some laws also require to create…
Task 1819042 In multi-currencies environments, we need a way to control the risk related to currencies (in case some are higthly fluctuating) and, in some countries, some laws also require to create journal entries to record the provisionning of a probable future expense related to currencies. Hence, people need to create a journal entry at the beginning of a period, to make visible the probable expense in reports (and revert it at the end of the period, to recon the real gain/loss) > define a new financial report (custom), under 'Generic Statement', visible only for the multi currency group's people > these report's filters allow to choose a single date, draft entries or not, multi companies > the journal items are selected based on these criteria and only when linked to an account having a secondary currency set, then displayed grouped by account and currency > options available on dropdown menu of an account would be: GL, don't make provision entries. When this last option is chosen, the account is moved in another section of the report "Excluded accounts", where the user may toggle that account back in provisionning mode