Multi-currency - Unrealized Gains/Losses
10 XPLearn everything you need to grow your business with Odoo, the best open-source management software to run a company, at https://www.odoo.com/slides. In this video, learn how to Other lessons related to this video: - Multi-currency - Realized Gains/Losses: https://www.odoo.com/slides/slide/multi-currency-realized-gains-losses-1907?fullscreen=1 Need more information about Odoo apps? https://www.odoo.com/documentation/user Discover Odoo, schedule a demo, or start your own Odoo revolution for free (no credit card required), at https://www.odoo.com.
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1.
What is the main difference between "Realized" and "Unrealized" gains and losses?
2.
Why is it necessary to set a "Reversal Date" for an adjustment entry of unrealized gains?
Because the gain or loss is uncertain and needs to be reversed at the beginning of the next period to avoid double counting when the real payment happens.
Because Odoo requires a reversal to ensure the bank account is never empty.
To automatically cancel the customer's invoice if they don't pay within 24 hours.
3.
In Odoo, how do you trigger the generation of the unrealized currency gains and losses entry?