How to Create a Foreign Bill through PO (Update Manual Exchange Rate if needed)

Create a foreign bill through a new purchase order

To create a foreign bill through PO in Odoo, you can go to Purchase > Purchase Orders > Select your purchase order > Click on ‘Create Bill’ button. Then you can enter the bill details such as vendor invoice number, due date, and amount. Finally, you can click on ‘Save’ button to create the foreign bill.

1. Go to Dashboard > Click on Purchase module

2. Click on New to create a new Purchase Order.

3. Fill in the required information for the purchase order, such as the vendor's name, vendor reference date, delivery address, and the product(s) you want to order.

If you want to create a foreign bill, you need to select a foreign currency as the payment currency.

4. In the purchase order window, select the Apply Manual Exchange checkbox.




5. Click on Exchange Rate to enter the exchange rate manually for the foreign currency.

6. Select the Update Rate Check Box

7. Enter the enter the exchange rate manually for the foreign currency > click on the check box of Apply to all new transactions for Record Date > Click on Apply

8. Once you have entered the required information, click on the Confirm Order button to create the vendor bill.

9. You can now create the vendor bill by clicking on the Create Bill button.

10. Once you draft the invoice, check whether you have entered the Bill Team who can approve the bill and click on Confirm. So, the draft bill will be posted for approval.

And that's it! You've now created a foreign bill through an existing purchase order in Odoo.

Create a foreign bill through an existing purchase order

11. Go to the Dashboard > click on Purchase module

12. Find the purchase order you want to create a foreign bill for and open it. 

On the purchase order form, which is already created and saved, select Create Bill.

13. Click on the Apply Manual Exchange checkbox to enter the exhange rate of this purchase order

14. Click on Exchange Rate to enter the exchange rate manually for the foreign currency.

15. Select the Update Rate Check Box

16. Enter the enter the exchange rate manually for the foreign currency > click on the check box of Apply to all new transactions for Record Date > Click on Apply

17. Once you have entered the required information, click on the Journal Item Tab to where you can see the journal based on your base currency (ex: NZD)

18. Check whether you have entered the Bill Team who can approve the bill and click on Confirm. So, the draft bill will be posted for approval.

And that's it! You've now created a foreign bill through an existing purchase order in Odoo.