openerp-expert-accounting team mailing list archive

[Andreea Andres <930222@xxxxxxxxxxxxxxxxxx>]

Hello,

In Open ERP the exchange rate is defined as a report between company currency and foreign currency.
If :
-->your Company currency is EUR and foreign currency is USD
---> and 1 USD = 0.75 EUR, result 1 EUR = 1/ 0,75 = 1.33 USD , so the exchange rate  is 1.33.

If you have 100 USD, the system will calculate the amount in company currency using the formula : 
 Amount in Foreign Currency / Exchange Rate = Amount in Company currency 

So 100 USD / 1.33 = 75, 18 EUR

Good luck!

Andreea



** Attachment added: "Exchange rate.jpg"
   https://bugs.launchpad.net/openobject-addons/+bug/930222/+attachment/2736167/+files/Exchange%20rate.jpg

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https://bugs.launchpad.net/bugs/930222

Title:
  voucher: 'exchange rate' wrongly applied

Status in OpenERP Addons (modules):
  New

Bug description:
  openobject-server/trunk revno 4039
  openobject-addons/trunk revno 6546

  Steps:

   - Create new journal 'Bank USD' with currency = USD
   - Create new invoice with currency = USD and one line with 'unit price' = 100
   - Create payment voucher without changing the defaults: 'paid amount' = 100 and allocation = '100'
   - Set 'exchange rate' to 0.75 EUR and validate the voucher

  Reading the field's help
  "The specific rate that will be used, in this voucher, between the selected currency (in 'Payment Rate Currency' field)  and the voucher currency"
  the selected currency is EUR and the voucher currency is USD, but the generated journal items have wrong amounts (see attachment).
  As I set 1 USD = 0.75 EUR, the bank journal item should contain debit = 75

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