Blog Posts

Localization is more than just translating. This enables the companies to use country specific elements like currency, taxes, chart of accounts, etc. to keep the business process flexible. The new localization package also enables clients to optimize ERP priority for companies in Germany and to comply entirely with relevant tax and banking laws and policies. […]

Laws and regulations issues must be taken into account when running a company on a global scale. An organization should be able to modify its processes across regional borders and at the same time allow its subsidiaries or branches to change business processes on the basis of the particular laws and legal guidelines of the […]

The National Directorate of Taxes and Customs (DIAN) classifies businesses into various groups based on their revenue, the company’s nature, and other factors. Hence tax bound differs on each type of company. Some pre-configured taxes like IVA, Rte IVA, Rte ICA, Rte Fuente, and chart of accounts, specific to localization, are introduced for the company […]

There is a great change in payment mode from 2007 till this year. The payment system in Switzerland has been changing very fast for a few years now i.e from bank transfer to E-billing. These changes are the result of European norm application, also called SEPA. The most visible part is the QR invoicing which […]

Odoo the Open ERP is striving to develop new features and functionalities each year. Odoo has clients all around the globe of which each of the clients is from different locations and their requirements may be different. The tax constraints, rules, and regulations for each country will vary.  Hence, the Odoo platform is to be […]

Every year, Odoo comes up with new versions to help the clients. The enhancements and new applications aim to extend maximum support to the users to improve their business. User-friendly interface and more efficient and speedy management of all operations are assured by Odoo v14. Unlike Odoo 13, where the Odoo team focused more on […]

Can you imagine life without paper? Probably not. This indicates the importance of the paper manufacturing industry. Though the use of paper is being reduced across the globe to protect the environment, we cannot survive completely without paper. For education, office purpose, newspaper printing, and many other uses, we need paper. Paper industries engage in […]

In the real world, an idea is only coined successful if it’s put into a physical form or has the capability to solve an issue in the physical environment. Likewise, the idea is only succeeded if the product and the finished outcome is successful. In the real world, the ideologies of visionaries and industrialists are […]

What is ERP? ERP or Enterprise Resource Planning Software is the software platform that helps a user to organize every aspect of his/her business. What is trading? Trading is the process of selling products and services. Does trading involve only sale activities? No, Trading is something beyond sales. It involves product manufacturing, product storage, product […]

Odoo is one of the most eminently functioning ERP software systems which helps to manage the entire operations within an organization like Customer Relationship Management, E-Commerce, Billing, Accounting, Manufacturing management, Sales management, Inventory management, Human resource management, and so on. Odoo is a software suite with 15000+ ready-to-use modules that helps to better operate and […]