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 to smash it by providing a detailed and welcomed feedback.
Do not contact contributors directly about support or help with technical issues.
Credits
Contributors
- ForgeFlow (www.forgeflow.com)
- Techrifiv Solutions Pte Ltd (www.techrifiv.com.sg)
- Statecraft Systems Pte Ltd (www.statecraftsystems.sg)
- Komit (Jean-Charles Drubay <jc@komit-consulting.com>)
- Alexey Pelykh <alexey.pelykh@corphub.eu>
- Pimolnat Suntian <pimolnats@ecosoft.co.th>
- SkiBY (Sergej Ruzki <sergei.ruzki@gmail.com>)
Maintainers
This module is maintained by the OCA.
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.