Odoo 18 POS has a built-in feature for closing entries by product. 1. Automatic Calculation and Journal Entry: Calculate Product Totals: Automatic sum up the quantities and amounts for each product sold during a specific period. Create a Journal Entry: Use the accounting module in Odoo to create a journal entry, specifying the product accounts […]
A fiscal year, is a financial reporting period used by businesses, organizations, and governments to track and report their financial performance. #fiscalyear #odooaccounting Video Chapters: 00:00 – Introduction 01:06 – Create Fiscal Year 03:42 – Opening Balance 04:30 – Invoice and Bill Creation, Reconcilation 07:43 – Balance Sheet 09:24 – Retained Earning 11:48 – Lock […]
This video explains how to validate closing and posting entries in POS on odoo 13. The Odoo POS is a customer-oriented system, so you can maintain your customer relations and can give loyalty programs or any such offers to express your gratitude towards them. All transactions are integrated directly into Odoo accounting so that ledger […]
