Odoo Accounting Migration from Version 16 to 17
for a Leading West African Distributor
Introduction:
A prominent distributor based in West Africa, specializing in machinery and equipment for the construction, oil & gas, mining, farming, and energy sectors, sought to modernize its business processes. The company’s extensive product portfolio includes power tools, generators, water pumps, irrigation systems, gardening tools, and geotextile fabrics. With a commitment to quality and a customer-centric approach, the organization supports major infrastructure and agricultural projects, leveraging an efficient distribution network and deep product expertise.
Key Objectives of Migration:
Ensure a seamless transition from Odoo 16 to Odoo 17 without disrupting financial operations
Improve the accuracy and flexibility of accounting processes, especially for multi-currency transactions
Enable tighter control over financial policies such as discounts and partner-specific terms
Build tools to synchronize accounting data across environments to support reporting and compliance
Leverage new features and UI improvements of Odoo 17 to enhance user productivity and reporting capabilities
Synchronize data from one system to another for consistent reporting across platforms.
Allow management of product cost in a currency different from the company’s default currency.
Support use of custom currency rates for specific transactions while preserving financial consistency.
Enable aging reports (receivables and payables) in partner currencies for improved financial clarity.
Scope of Migration:
Migrated all accounting data, configurations, and workflows from Odoo 16 to 17.
Enabled Partner Ledger, Aged Receivables, and Aged Payables reports to reflect values in the respective partner currencies for better financial clarity
Introduced customer-wise restrictions for discount eligibility, ensuring better control over pricing strategies.
Developed a custom mechanism to synchronize accounting data (e.g., invoices) from one database to another based on a defined ratio-ideal for companies with intercompany or reporting structures.
Added the ability to manually input a currency rate on Sales Orders while ensuring that accounting transactions still reflect the system-default exchange rate, preserving audit integrity.
Enhanced product configuration to set and track product costs in foreign currencies-independent of the default company currency-to ensure accurate valuation and margin analysis.
Conclusion:
Migrating from Odoo 16 to Odoo 17 has provided the customer with a modern, reliable accounting system that ensures tighter financial controls and improved visibility. Features like partner-currency aging, cross-database sync, custom currency rates, and multi-currency product costing have significantly enhanced their financial operations. The upgrade has laid a strong foundation for scalable growth and improved cross-border financial management.
