Default taxes and accounts are set on products and customers to create new transactions on the fly. However, you might have to use different taxes and record the transactions on different accounts, according to your customers’ and providers’ localization and business types.#odoo15accounting Fiscal Positions allow you to create sets of rules to automatically adapt the […]
Deferred expenses in #odoo13, are payments made in advance by our company for our service products for insurance or home rent, etc . yet to render. Such payments are assets for the company that receives them since it still owes its customers these products or services. The company cannot report them on the current Profit […]
Today Odoo ERP is one of the prominent ERP business management solutions available with advanced features and capabilities. Localization is one of the key features of the platform and with certain configuration knowledge on the functional aspects of the software you can use the platform based on your required regional localization and function accordingly. 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 […]
As seen in other localisations, the Australian localization package has some groups of modules that work along with an accounting base module to provide the localization-specific reports along with the basic accounting features. Install the ‘Australian accounting’ from Odoo apps. If you have already chosen the country as Australia at the time of database creation, […]
A credit note, or credit memo, is a document issued to a customer that notifies them that they have been credited a certain amount. There are several reasons that can lead to a credit note, such as: – mistake in the invoice – return of the goods, or a rejection of the services – the […]
In a real-time company operation, there may be instances where the invoices or product may have to be sent back and refunded. The Odoo platform understands the necessities and provides you with the option to refund your invoices. Moreover, the accounting module has a dedicated refund menu available under the vendor’s tab where you can […]
This video describes how you can import Vendor Bills in Odoo14. You can import vendor Bill data using either Excel (.xlsx) or CSV (.csv) formats. First Go to Accounting – Vendor- Bills and from the view select a few records and come under action – click Export. Now you can see a window where we […]
Payment Refactoring is the latest feature added in Odoo 14 Accounting. The user can update the balance sheet in real-time and synchronize it with bank statements. Now In Bank/Cash Journal, we can set a Suspense account that will help keep track of the real-time bank transactions. Using this user can maintain a relation between bank […]
The key objective behind the Odoo Functional Webinar is to literate the Odoo users, Consultants, Partners, and other public on Odoo. The webinar envisions sharing how Odoo functions in various modules and how Odoo’s incorporation at the business place improves the operational speed and effectiveness. The Webinar will cover the Sales, Purchase, and Accounting modules […]
