CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
Odoo Accounting Journal Entries: An accounting journal is a record of transaction exchanges requested by date, these transactions are recorded in the name of journal entries. Each journal entry shows account names and their credits and debit values. In Odoo we can create different types of journals. Sales, Purchase, cash, Bank, and miscellaneous are the […]
Choosing to use the multi-currency option in Odoo will allow you to send sales invoices, quotes, and purchase orders or receive bills and payments in currencies other than your own. Users can configure multiple currencies for the transaction, set its exchange rate, and assign different currencies for individual partners and charts of accounts, run reports […]
Incoterms stands for International commercial terms. Fifteen terms of sale accepted worldwide in an assignment of costs and responsibilities between buyer and seller. Basically, Incoterms are trade terms published by the International chamber of commerce(ICC), and that is commonly used in both international and domestic trade contracts. Incoterms basically intended to convey the assignments, expenses, […]
Managing budgets is an essential part of running a business. Budgets help people become more intentional with the way money is spent and direct people to organize and prioritize their work to meet financial goals. They allow you to plan your desired financial outcome and then measure your actual performance against the plan. Odoo manages […]
#odoo14 #odooapp #odooaccounting Odoo Payroll accounting module manages the payroll activities revolves in and around the management of employee salary and generates corresponding entries accounting as well Additional Features of Odoo 14 Payroll Accounting App ✔️ Configuring Salary Rules ✔️ Configuring Salary Structure ✔️ Employee Pay Slips ✔️ Manage entries in accounting journals ℹ️ App […]
Odoo14 brings up a new feature in the Accounting module ie. Disallowed Expenses. Disallowed expenses are those expenses that cannot be deducted in the fiscal result but can be deducted in your bookkeeping result. So you can get the fiscal results in real-time by setting disallowed expense categories and obtaining periodic changes. First of all, […]
Odoo Finance & Accounting is considered as the #1 open source software of its kind. From basic journal entry creation to budget management, analytic accounting to advanced business intelligence reports; Odoo Finance and accounting turns out to be the highly productive solution. It acts as a self-reliant and independent management module to cater to the […]
How to delete Chart of Account in Odoo 13? A Chart of Account is the list of all the accounts used to record financial transactions in the general ledger of an organization. 0:00 Delete account in odoo 13 0:39 Create Chart of accounts 3:23 Adding income account to products Odoo 13 Chart of Accounts is […]
This video is to show How to set up Odoo accounting and how to import opening balances into the new fiscal year. Here we have explained the basis of an actual company’s closed balance sheet. At the year-end, we will have to transfer the closing amount from the balance sheet into the current year as […]
This video is to show How to setup opening balances in Odoo 13. 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 we used a journal and journal entries for setting opening balance. 0:00 Introduction 0:23 Create opening […]
