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 16 Accounting module. By selecting the Automatic Transfer option from the Accounting tab, you can view the list of existing automatic transfers. The […]
Odoo stands out for its versatility and easy customization. As one of the easiest ERP software to work with, Odoo has satisfied many customers with impressive modules like CRM and Manufacturing. #odoo16 #odooaccounting #odoofunctionalvideos Working with any ERP software, you must be familiar with the need for multi-access and multi-management of the database. As integrated software that […]
A business will be dealing with a lot of transactions every day. The amount collected from the customer using the invoice is paid. However, the accounts wing of the business may not be able to enter all transaction details and amounts in the bank account the moment the transaction takes place. #odooaccounting Usually, the account statements are […]
This video explains the refund in the odoo 16 accounting module. Odoo makes it easy to return the products and goods which are already sold, thus keeping your customers closer. #odoo16 Video Chapters 00:00 Introduction 01:06 Create a Purchase order 02:29 Create Bill 04:01 Credit Note 05:01 Refunds #odooaccounting #odoofunctionalvideos The product return is the […]
Configuring Cash Basis in Odoo 16 Accounting involves setting up the accounting settings to track income and expenses based on cash flow rather than accruals. Here is a brief description of the steps involved: 1. Navigate in the Accounting module in Odoo 16 go to the Configuration settings 2. Under the Accounting tab, select the […]
Odoo provides different fiscal localization packages, which define the necessary configuration of taxes, fiscal positions, chart of accounts, and structure of specific certificates for the accounting module, all required to make the ERP usable in the particular country. #odooaccounting #odoo16 #fiscal #accounting Connect With Us: ————————————— ➡️ Website: ➡️ Email: info@cybrosys.com ➡️ Twitter: ➡️ LinkedIn: ➡️ […]
This video explains the accounting dashboard in the Odoo 16 accounting module. #odooaccounting #odoo16 The Odoo platform provides the user with an efficient and reliable accounting dashboard to deal with the accounting aspects of the company. The user can create invoices, vendor bills, other miscellaneous operations, and bank operations from this dashboard. #odoodashboard Connect With Us: ————————————— […]
This video explains the bank reconciliation in Odoo 16. It is easy to perform the reconciliation process with the Odoo 16 Accounting module. #odoo16 #odoofunctionalvideos #odooaccounting There are two ways or options by which you can perform the Reconciliation in Odoo 16. You can directly Specify the Payment on the invoice and can Reconcile open […]
Storno Accounting is a newly introduced accounting feature in Odoo. In this method of accounting, it will use negative credit or debit amounts recorded in your account to reverse the original journal entries. #odoo16 With the assistance of this practice, it is possible to cancel a file having incorrect accounting information related to the recorded […]
The cash spent by an employee for company purposes is an employee expense. #odooaccounting In some situations, employees must spend money on various projects and purchase commodities from vendors for company purposes. In these cases, a firm is responsible for giving back the money to employees. We need support to manage employee expense management, Odoo […]
