$ 35.21
| Required Apps |
•
hr_payroll_community
• hr_payroll_account_community |
| Technical Name |
hr_payroll_multi_currency_cybros
|
| License | OPL-1 |
| Also available in version | 17.0 16.0 |
Introduction
Simplify your global workforce management with the Multi-Currency Payroll module for Odoo. This essential HR tool is expertly designed for international businesses that need to pay employees in currencies different from their company's base currency. By seamlessly integrating multi-currency capabilities into the Odoo Payroll and Accounting applications, this module eliminates the complexity and potential for errors associated with manual currency conversions. Now you can define contracts, process payslips, and generate accurate accounting entries in any currency, ensuring your international employees are paid correctly and your financial records remain compliant and precise.
Key Features
Multi-Currency Employee Contracts: Define employee salaries and wages in a currency different from your company's primary currency.
Automated Payslip Conversion: Payslips are automatically generated in the employee's contract currency, with monetary values converted based on the exchange rate on the payslip's accounting date.
Accurate Journal Entries: All accounting entries related to the payslip are recorded in the contract's currency, ensuring financial accuracy and consistency.
Salary Attachment Handling: Manage salary attachments, such as deductions or advances, in the employee's specific contract currency.
Seamless Integration: Works perfectly with Odoo's core Payroll, Accounting, and Contracts applications for a unified workflow.
Comprehensive Reporting: Generate payslip and payroll analysis reports that accurately reflect multi-currency transactions.
Full Payroll Flow Support: Multi-currency functionality is fully supported in payroll batches, payslip refunds, and reversals.
Benefits
Simplified Global Payroll: Effortlessly manage payroll for a geographically diverse workforce without complex manual calculations.
Enhanced Financial Accuracy: Eliminates the risk of manual conversion errors, ensuring precise payroll accounting and reporting.
Improved Employee Satisfaction: Pay your international employees accurately in their local or preferred currency, on time.
Streamlined Accounting: Automates the creation of journal entries with correct currency and exchange rate information, simplifying reconciliation.
Greater Flexibility: Easily manage contracts and compensation for international hires, freelancers, and expatriates.
Ensured Compliance: Helps maintain compliant financial records for multi-currency payroll transactions.
Increased HR Efficiency: Reduces the administrative burden on your HR and finance teams, allowing them to focus on strategic tasks.
Compatibility & Technical Details
Required Modules: Payroll (hr_payroll), Invoicing (account), Employee Contracts (hr_contract), Employees (hr), Discuss (mail).
License: OPL-1
Technical Name: hr_payroll_multi_currency_cybros
Installation:
Download the module file.
Place the module folder into your Odoo addons directory.
Restart the Odoo server.
Navigate to the 'Apps' menu, activate developer mode, and click 'Update Apps List'.
Search for "Multi Currency In Payroll" and click 'Install'.
HR Payroll Accounting Multi Currency
Odoo Payroll app moved to Odoo Enterprise in Odoo 13.0 and if you are using Odoo community 16.0 and want to use payroll app,
you can download free apps
Odoo 16 Payroll
and
Odoo 16 Payroll Accounting
.
This module depend on the above free two modules and enable you to create payslips in any currency used
in your company and it will reflect that in accounting journal entry.
Note: This module only working in Odoo Community Edition with the above-mentioned module.
Ability to use any currency in the
employee contract.
Ability to create payslip with any
currency depend on employee contract.
Accounting journal entry will be
created depend on the payslip currency.
Ability to print payslip and
payslip details reports with multi currency.
Employee Contract Currency
Before creating any payslip, you have to set the employee contract currency and you can do it as
below:
In my environment, The company currency is Yemeni Rial (YER) and I will use USD currency in the employee
contract.
Create Payslip with Multi Currency
To create a payslip, once you selected the employee, the contract will be set automatically and the payslip currency will be the same of employee contract currency.
After compute sheet, you will see the currency in "salary computation" tab as below:
And in the "Details by Salary Rule Category" tab as below:
And in the "payslip lines" as below:
Payslip Journal Entry
Once you confirmed a payslip, journal entry will be created with multi currency as below:
Refund Payslip Journal Entry
Once you refunded a payslip, journal entry will be created with multi currency as below:
Payslip Report
Payslip Report with multi currency:
Payslip Details Report
Payslip Details Report with multi currency:
You will get 60 days free support for any doubt, queries, and bug fixing (excluding data recovery) or any type of issue related to this module.
This is applicable from the date of purchase
Please note that it's not allowed to distribute this module after purchase!
For any support or help related to Odoo Implementation, customization or development, please feel free to mail us on Our Sales Email .
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.