What Is Multi-Currency ERP?

Definition: A multi-currency ERP supports business operations in multiple currencies, automatically handling exchange rate conversions, currency gains/losses, multi-currency invoicing, and financial reporting in both local and foreign currencies.

Multi-Currency ERP Explained

Odoo natively supports multi-currency operations with automatic exchange rate updates (from ECB, banks, or custom providers), currency rounding rules, unrealized and realized gain/loss tracking, and financial statements in any configured currency. This is essential for international businesses selling across borders or importing from foreign suppliers.

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