- Odoo works in single-currency mode by default. You can activate the multi-currency mode by going to Configuration | Setting under the Accounting application. Search for Multi Currencies and activate the Allow multi currencies feature, as shown in the following screenshot:
As soon as you activate the feature, you will be asked to select the Rate Difference Journal. It is the journal that is used to record the foreign exchange gain or loss transaction during payment reconciliation. It will be selected by default as a part of the chart of account configuration.
You can also configure how frequently and from where you would like ...
