How to Set Up Pricelists & Multi-Currency in Odoo 19

What Are Pricelists?

Pricelists in Odoo 19 define pricing rules: discounts, fixed prices, formulas, and currency. Assign different pricelists to different customers for B2B vs B2C pricing, regional pricing, or wholesale tiers.

Enable Pricelists

1. Go to Sales → Configuration → Settings
2. Under Pricing, enable Pricelists
3. Choose: Multiple prices per product or Advanced price rules (discounts, formulas)
4. Click Save

Create a Pricelist

1. Go to Sales → Configuration → Pricelists
2. Click New
3. Set Name (e.g., "Wholesale EUR") and Currency

Price Rule Types

Adding Rules

In the Price Rules tab:

1. Click Add a line
2. Select Apply On: All Products, Product Category, or Specific Product
3. Set Min. Quantity for quantity breaks (e.g., 10+ units = 10% off)
4. Set Computation: Fixed Price, Percentage (discount), or Formula
5. Set Date range for promotional pricing

Example: B2B Wholesale Pricelist

Pricelist: Wholesale USD
Currency: USD

Rules:
1. All Products: 20% discount (min qty: 1)
2. All Products: 30% discount (min qty: 50)
3. All Products: 40% discount (min qty: 200)
4. Category "Accessories": Fixed $5.00 (min qty: 100)

Multi-Currency Setup

Step 1: Enable Multi-Currency

1. Go to Accounting → Configuration → Settings
2. Enable Multi-Currencies
3. Click Save

Step 2: Activate Currencies

1. Go to Accounting → Configuration → Currencies
2. Activate the currencies you need (EUR, GBP, INR, etc.)
3. Set exchange rates manually or enable automatic updates

Step 3: Automatic Exchange Rates

1. Go to Accounting → Configuration → Settings
2. Under Currencies, select the Exchange Rate Provider:
   • European Central Bank (ECB)
   • Federal Reserve
   • Bank of Canada
   • Custom provider
3. Set Interval: Daily, Weekly, or Monthly
4. Rates update automatically via scheduled action

Step 4: Currency Pricelists

Create a pricelist per currency: "Retail EUR", "Retail GBP". Assign to customers based on their country or region.

Assign Pricelists to Customers

1. Open the customer record
2. Go to Sales & Purchases tab
3. Set the Pricelist field

Or assign by country: create a fiscal position that maps to a pricelist.

Best Practices

• Name pricelists clearly: "Wholesale EUR", "Retail USD", "VIP 20% Off"
• Use quantity breaks for volume discounts
• Enable automatic exchange rate updates to avoid manual errors
• Test pricelists by creating a draft quotation and verifying prices