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Scrap is an unusable material left over after manufacturing a product. The commodity that cannot be maintained, repaired, or passed the quality check will be scrapped by a team, and making it saleable is a Scrap order. Many products could not sell due to some issues, and we need to scrap them for better use. […]
Managing the in-house operations of the inventory and warehouse may become tiresome for certain companies and their executives due to impractical planning and description of operations. Additionally, this becomes even more catastrophic while the size of the company is large and it has multiple warehouse locations to operate upon. The inventory managers and executives associated […]
Scrap is something that is a waste. It will neither have a product value of its own, instead, it will have the value of the materials used. Sometimes, we may not be able to sell a product due to some issues. In such situations, we will have to scrap that product. In a manufacturing industry, […]
Sending a product back to the seller by a client or customer is termed a Sales return. Due to various reasons, a customer can return the item to the owner. Sometimes, it is due to customer dissatisfaction with a product or differences in individual desire. To make a sales process smoother, it is necessary to […]
The total profit acquired by a company through product sales or service is known as the Sales margin. Factors that determine sales margin include the total cost for a product, such as manufacturing, advertising, salaries, and other materials. Most company accountants use sales margins to evaluate individual profitability and group sales transaction for products. In […]
Odoo 16 PoS (Point of Sale) is feature-rich. Point-of-sale software that allows you to manage your retail sales. Odoo 16 PoS offers several features that can help you run your business more efficiently and effectively. Sales receipt management is an essential part of running a successful business. By managing your sales receipts effectively, you can […]
Employee salary management is an essential element in employee salary management. Having a reliable system for employee management is critical for maintaining efficiency in employee payroll management. The Payroll module of Odoo is a highly advanced employee salary management system equipped with the most advanced features and tools to ensure maximum efficiency in the process. […]
Recruitment is the primary process for the substantial growth of a business. It is done through constant follow-ups and proper strategic methods. Without software, it implies complexity, and some errors will occur due to its chaotic tactics. Odoo HR plays a significant role in placing your overall recruitment process dextrously. Odoo’s Recruitment module collects the […]
The most recent version of the well-known open-source ERP (Enterprise Resource Planning) program is called Odoo 16. One of Odoo 16’s standout features is its capable project management module, which provides cutting-edge reporting capabilities. Firms need effective project management reporting to track project progress, spot potential risks, and make wise decisions. This essay examines the […]
You can comprehend and follow each movement of a product by using the routes that have been set for it. It is the operational path or track utilized for moving inventory. It is challenging to track and manage the inventory movements of a business without a good strategy. You can establish specific operational rules to […]
