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 […]
Video Contents: 00:00 Introduction 01:19 Accounting module overview 02:22 Customers in the accounting module 03:36 Create payable and receivable accounts 06:42 Set payable and receivable accounts 07:47 Create invoice/bills for customers 09:15 Reporting in Accounting module Account receivable and payable is one of the indispensable accounts in a business. When we track these accounts, we […]
Odoo 13 Accounting Dashboard, Asset Management, Accounting Reports, PDC Management, Account Lock dates, Customer Credit Limit and Follow-Ups, Daybook, Bankbook, and Cashbook reports in Odoo 13 community edition. Download Now: ✅ V14. ✅ V13. New Feature ✔️ Accounting Dashboard. Key Highlights ✔️ Asset management system. ✔️ Handle Post Dated Cheques. ✔️ Accounting lock dates. ✔️ […]
Odoo 13 Functional Training On Accounting 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 a highly productive solution. It acts as a self-reliant and independent management […]
Deferred Revenues (Recognition) in Odoo 13 Accounting, Deferred revenue is an advance payment received by a company. It is not yet revenues so cannot be reported on the income statement. In other words, deferred revenue is a payment in advance recorded on the receipt’s balance sheet as a liability account until either the services have […]
The “Assets” module allows you to keep track of your fixed assets like machinery, land, and building. The module allows you to generate monthly depreciation entries automatically, get depreciation board, sell or dispose of assets and perform reports on your company assets. Video Contents: 00:00 Introduction 00:52 Odoo Accounting Dashboard 04:57 Types of Depreciation Methods […]
Accounting in odoo is sufficient for any organization to meet all their needs related to accounting. As you know for any organization, accounting is one of the most important processes in order to run the company without any financial losses. Odoo accounting is connected with all the other apps such as sales, purchase, inventory, and […]
This video explains about how to manage budgets in odoo 13 accounting. 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 […]
Fiscal positions and tax mapping in odoo 13: Most often sales tax rates depend on your customer status or localization. To map taxes, Odoo brings the so-called Fiscal Positions. A fiscal position is just a set of rules that maps default taxes (as defined on product form) into other taxes. This video describes ‘how to […]
This video explains how to configure and use different payment terms in Odoo 13. Business organizations often follow different payment collection and payment making methods. In many cases, the payments to suppliers or payments from customers are made as installments. Odoo ERP has the feature to configure and use different payment method in it. In […]