Odoo 15 brings up a new report related to the Currencies ie. Unrealized Currencies gains/losses Report. This report will display all open amounts on your balance sheet that need to be reevaluated. It is grouped by the currency and their respective accounts. So this reporting system will be helpful If your company works with multiple currencies and you can get up to date, real-time data, that informs you of all the Gains/Losses and the respective adjustment you should make.

1. Unrealized Currency
Gains or Losses in
Odoo 15 Accounting
www.cybrosys.com

2. INTRODUCTION
❖ Odoo 15 brings up a new report related to the Currencies ie. Unrealized Currencies
gains/losses Report.
❖ This report will display all open amounts on your balance sheet that need to be reevaluated.
It is grouped by the currency and their respective accounts.
❖ This report displays the amount separately in four columns:
○ Balance in a foreign currency: This is the amount taken from Bill.
○ Balance at operation rate: This amount is calculated at the operation date ie. calculated at
the time you received the bill.

3. ○ Balance at the current rate: It’s the current amount value at the time of the report. if we
got paid right now.
○ Adjustment: This value should be added to the accounting in order to update your
accounting reports with this new information.
❖ So this reporting system will be helpful If your company works with multiple currencies
and you can get up to date, real-time data, that informs you of all the Gains/Losses and
the respective adjustment you should make

4. ❖ Goto Accounting module > Reporting > Unrealized currency Gains/Losses.

5. ❖ And here we get the report like below.

6. ❖ Click on the journal entry.

7. ❖ Under journal items we will get the entries with affected accounts.

8. ❖ Click on ADJUSTMENT ENTRY button to make any adjustments after payment.

9. ❖ Now go to Configuration > Currencies

10. ❖ And choose your currency and made active.Then SAVE.

11. ❖ Now let’s create a invoice from customers > Invoices.

12. ❖ Enter your customer and product details and also specify the currency then CONFIRM
your invoices.

13. ❖ Specify the journal, amount, payment method then CREATE PAYMENT.

14. ❖ After that to make any adjustments click on ADJUSTMENT ENTRY button.

15. ❖ Specify the expense account and income account and then CREATE ENTRY.

16. ❖ We will get various filtering options.We can use that according to our need.

17. For More
Details
Check our company website for related blogs and Odoo book.
Odoo 15 Book
Check our YouTube channel for functional and technical videos
in Odoo.
Unrealized Currency Gains or Losses in Odoo 15
Accounting

19. Thank You