Odoo allows companies to handle transactions in multiple currencies. By enabling the multi-currency feature, users can create quotes, invoices, purchase orders and receive payments in currencies other than the company's base currency. Administrators can activate the required currencies from a list, create new currencies, and manually set or automatically update the currency exchange rates.

1. Multi currency in Odoo

2. Odoo provides features that support multi-currencies. Any company that does
international trade receive payments in different currencies. This can be handled
by enabling multi-currency in Odoo. This function allows you to sent quotes,
invoice, purchase order, receive payments and many more in other currency than
the company currency.

3. How to enabling multi-currency:
Go to Invoicing module >Configuration >settings >currencies enable multi-currencies. Then
click on the save button.

4. How to activate the required currencies?
If we enable multi-currency, we will be able to see >activate other currencies. Click on this
option.

5. Now u can see a new window with a list of currencies. You can activate the required currency
from the list.

6. Now go to invoicing module >Configuration >Accounting >currencies.
Here we can do two things.
1. We can create a new required currency by clicking on the >Create button.
2. we can edit the value of any currency in the list by clicking on the currency row on the list.

7. You can change the rate of the currency manually by clicking on the >Rates. Ensure that the
currency is active.

8. Manual setting of the currency rate.

9. In the enterprise version of Odoo. >Automatic currency rates, which updates the currency rates
automatically.

10. Thank you.
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