In Odoo, BOM stands for Bill of Materials. It’s essentially a recipe or blueprint for a manufactured product or kit. It lists out all the individual components required, along with their exact quantities, to create the finished good. Odoo’s BOM functionality goes beyond just a parts list, however. It can also include: Assembly instructions: You […]
Re-order from Portal is a feature offered by Odoo, an open-source business management software. It specifically allows customers to easily re-purchase items they previously bought through the company’s online customer portal. In simpler terms, it streamlines repeat orders for frequently needed products. Here’s a breakdown of the benefits: Saves Time: Customers don’t have to search […]
Margin and cost are important in a point-of-sale (POS) system, as they directly impact your business’s profitability. Here’s a breakdown of these terms and how they function in POS: Margin: This refers to the difference between a product’s selling price and its cost price, typically expressed as a percentage. It essentially represents the profit you […]
Odoo Point of Sale (POS) has a built-in feature for cash rounding to streamline transactions and reduce the need for exact change. Here’s how it works: What is Cash Rounding? Cash rounding rounds the total bill amount of a sale to the nearest denomination (e.g., nearest five cents, ten cents) suitable for cash payments. This […]