The foundation of Odoo 16’s accounting module, which records a company’s financial transactions, are journal entries. They preserve a historical record of financial activities by including both the inflow and outflow of money. The user-friendly interface of Odoo enables them to easily make journal entries manually or automatically using a number of built-in modules. Debit […]
Recruitment is an important task for any organization. The identification and selection of highly potential manpower to become part of an organization is done under the recruitment process. Recruitment helps to assess the potential, quality, and skills of an employee. This process helps the business to find the most suitable candidate for the job. Such […]
Odoo 15 has a set of advanced features dedicated to invoicing management, making it more easy and accessible for the users. It is extremely easy to set up, design, configure and manage invoices easily with the Odoo 15. Accounting module. This blog will give you a note on design and managing Invoices efficiently with the […]
The Odoo Inventory module provides a flexible range of inventory operation types, each created to simplify and improve specific facets of inventory management inside an organization. “Incoming Shipments” is one key operation type that is crucial for controlling items obtained from suppliers. The automatic replenishment procedures that are started by this operation ensure that stock […]
In Odoo 16, Intrastat plays a crucial role in facilitating the management of intra-community trade and the reporting of statistical information on the movement of goods between European Union (EU) member states. Intrastat is a system used by EU countries to collect and analyze data on the trade of goods within the EU, and Odoo […]
Proper relationship management is essential to ensure customer satisfaction and business growth. Most companies try to maintain a good relationship with customers by delivering products or services within the correct time. The scheduling of activities in a company concerning products or services is a challenging task on certain occasions. You can manage all activities regard […]
As a revolutionary change, GST was introduced in India. A variety of indirect taxes, such as state income tax, service tax, excise tax, etc., were thus replaced by a single unified tax system named GST. It is applicable to all goods and services and thus derived the name Goods and Service Tax. The biggest benefit […]
The replacement of the existing tax system VAT by the Goods and Service Tax (GST ) was one of the finest movements by the government of India. The public still has confusion, doubts, and clarifications regarding the implementation and function of the GST. Most of the companies have already upgraded their ERP software and accounting […]
The shipment options on the company for both incoming as well as outgoing ones should be employed with the right track of operations and should be precisely planned. Proper management of the inventory operations during these shipment procedures will provide an organizational aspect to the warehouse operations of any company. Furthermore, with a derived planned […]
After sending a purchase order, products can be received either directly to stock or after some quality checks, depending on the nature of the product. Thus the incoming shipment may involve multiple steps depending on the warehouse, delivery distance, etc. So depending on the products and product availability incoming shipment is arranged using different strategies. […]