Manage prices for B2B (tax excluded) & B2C (tax included) | Odoo 15 Accounting | Odoo 15 Enterprise – CBMS Odoo ERP

This video explains how to handle the very specific use case where you need to handle the two prices (tax excluded and included) on the product from within the same company. #odoo15accounting When working with consumers, prices are usually expressed with taxes included in the price (e.g., in most eCommerce). But, when you work in […]

How to Import Your Bank Statements in Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

Importing your bank statements in Odoo Accounting allows you to keep track of the financial movements that occur in your bank accounts and reconcile them with the transactions recorded in your accounting. #odoo15accounting We recommend you use bank synchronization for more efficiency. Please read the related documentation: Bank Synchronization: Automatic Import. However, if you don’t […]

How to Set Opening Balance in Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

This video is to show How to set up opening balances in Odoo 15. #odoo15accounting At the year-end, we will have to transfer the closing balance of the current year as an opening balance to the new financial year. #odoo15enterprise In Odoo we used a journal and journal entries for setting opening balance. #odoo15 Connect […]

How to Create Automatic Transfers in Odoo15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

When you have to transfer an amount from one account to another account over a fixed period of time, you can make use of the Automatic Transfers feature provided by the Odoo 15 Accounting module. By selecting the Automatic Transfer option from the Accounting tab, you can view the list of existing automatic transfers. #odoo15accounting […]

How to Manage Cash Basis Taxes in Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

The cash basis taxes are due when the payment has been done and not at the validation of the invoice (as is the case with standard taxes). #odoo15accounting Reporting your income and expenses to the administration based on the cash basis method is legal in some countries and under some conditions. #Odoo15enterprise Example: You sell […]

Tax Reporting in Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

A tax report is documentation that calculates the entity’s income earned with the amount of tax payable to the government, government organizations, or to taxpayers. We can easily access the tax report in Odoo from Accounting Module. #odoo15acccounting Once all the transactions involving taxes have been posted for the period you want to report, open […]

Batch Payments in Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

The batch payments are the option used by a company to group different payments to ease reconciliation. Batch payments are also useful when depositing checks to the banks. #Odoo15Accounting module you can manage and create batch payments of the customers and vendors. By selecting the Batch Payments option from the Customers tab you can view […]

Create Customized Reports in Odoo 15 [Financial Reports] | Odoo Custom Report | Odoo 15 Enterprise – CBMS Odoo ERP

Odoo 15 has a powerful and easy-to-use reporting framework. Creating new reports (such as a tax report or a balance sheet or income statement with specific groupings and layout ) to suit your needs is now easier than ever. #odoo15videos #odoocustomreport In order to have access to the financial report creation interface, the developer mode […]

Accounting Payment flow Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition – CBMS Odoo ERP

This video explains the payment flow in Odoo 15 accounting #odoo15accounting From version 14 onwards payments are registered by default on outstanding accounts both in the case of customer invoices and vendor bills. Odoo has added new payment transfer accounts for outstanding payments and outstanding receipts. Invoices or refunds can be posted on outstanding receipts, […]