One of the most used currency transactions in the World is the US dollar. In the United States, USD is the official currency for any purchase or sale, and its symbol is ‘$.’ USD plays a significant role in the world economy and foreign exchange trades. Most international transactions occur with the USD currency for […]
A place where various manufacturing processes take place in a firm is a work center. Multiple work centers exist in a manufacturing firm for different purposes. Based on routing, work centers perform and manage product manufacturing quickly. Users can configure various work centers by using an Odoo ERP system. Odoo 15 Manufacturing assists users in […]
Proposing credit to customers is essential for a business to become more competitive. Every organization or business must have proper procedures in place that identify what payment terms a customer will receive and how many credits wants to be granted. The Credit Limit aspect will be most beneficial for encouraging customers to gain higher value […]
The government-imposed tax for selling services and goods is a Sales tax. It varies from product to product and state to state, unlike GST or VAT. A national sales tax system does not exist in the United States, and indirect taxes are inflicted at the subnational level. As per the US constitutional guidance, each state […]
In Odoo, a system parameter is a model used to store settings. Odoo examines the previously saved web.base.url every time a user logs into your Odoo instance to verify if it matches the URL the user used to log in. If not, Odoo updates the web.base.url. How to create a system parameters in odoo 15: […]
Project milestones indicate various phases in the timeframe of a project. They serve as checkpoints to determine the end of individual tasks or groups of tasks as well as the beginning of a new phase or activity. Usually, in business, when it comes to large projects, to manage the entire project, the project team will […]
One of the main features of Odoo is a single system that can contain multiple databases. A logged-in user can select their required database. There are different users in Odoo, it may be a portal user may website, or a non-logged user. In such cases, there should be a way for Odoo to identify which […]
Operations in a company would take some time to complete as they have their terminologies which need to be fulfilled while performing each task. The operations such as product movement, manufacturing, delivery, purchase, and sale would require a certain time or days to complete. Therefore, the companies should plan and describe the duration of these […]
Lead times are the periods of time taken to manufacture, deliver or receive a product. The lead times for purchase, sales and manufacture can be configured. The time period between the reception of order and shipping, by a vendor, is the vendor lead time. Manufacturing lead time is the time required to manufacture a product […]
One of the unavoidable factors of company operations is product expirations in a consumable way or not. It is easy to reduce product loss due to expiration through inventory operations, purchases and sales. Product expiration relies on various factors such as environmental, the difference in product components, and aging. A company gets a loss by […]