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This video guide you, to create and configure contact tags, contact title, industries, country, and fed.state, country group,banks, and bank accounts. #odoo16 #odootutorials Video Chapters: 00:00 – Introduction 00:34 – How to create contact tags, contact title, industries, country, fed.state,country group, banks and bank accounts. 05:03 – How to configure contact tags, contact title, industries,country,fed.state […]
As parent companies grow, there are quite many acquisitions, mergers, and investments made. Maintaining the accounts of all these is quite important. As important as this, is the reviewing of the accounts of the acquired companies and the invested companies. Video Chapters 00:00 – What’s a Consolidation? 00:59 – How to Configure Multiple Companies? 01:23 – How […]
In #Odoo, “unrealized currency” refers to the potential gain or loss that arises from changes in the exchange rate between two currencies before a transaction is settled or realized. Video Chapters 00:00 – What is Unrealized Currency Gain/loss 00:49 – How to Configure Currency 01:44 – How to Configure Automatic Currency Rate 04:20 – How […]
Each country contains its own fiscal positions for tax configuration. Users from any country can manage the transactions with the localization feature in the fiscal position. Odoo 16 Accounting module ensures you configure accounts, customers, taxes, vendors, currencies, and more as per your company needs. Several types of taxes are managed easily using the fiscal […]
You can customize the checkout steps, add more content using the website builder, and enable additional features such as express checkout and sign-in/up at checkout. #odoowebsite You can use building blocks to add content at any step of the checkout process. To do so, from any checkout page, go to Edit ‣ Blocks, and drag and drop building blocks to the page. #odoo16 Add to cart […]
Deferred expenses and prepayments (also known as prepaid expenses), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The […]
One of the most important features of Odoo is that it provides analytical and graphical reports of the actions recorded in every module. #odoo16 This will give insights into the works that have been done and recorded. Future plans can be made by evaluating the reports. #odoofunctionalvideos A proper evaluation of the dedication of the […]
A cash payment that occurs at the beginning of a purchase transaction is a down payment. It allows customers to produce purchase payments for short or long-term periods. #odoo16 One of the benefits of a down payment is the lower interest rate available for customers. Most companies added down payments for wholesale or retail operations […]
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. In odoo 16 we used a journal and journal entries for setting the opening balance. First, create an equity account for opening balance and a journal entry to bring account balances […]
Deferred expenses and prepayments (also known as prepaid expense), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The company cannot report them on the […]
