Digital Agency Website
Digital Agency Website
Odoo handles deferred revenue, also known as unearned revenue, which is money received from customers upfront for goods or services that haven’t been delivered yet. Since the company still owes the customer those products or services, this advance payment is considered a liability. Here’s a breakdown of deferred revenue in Odoo: Concept: Deferred revenue is […]
In Odoo accounting, deferred expenses, also known as prepaid expenses, represent costs your company has already paid for but hasn’t consumed the benefits of yet. These are recorded as assets on the balance sheet until they are gradually recognized as expenses over the periods they benefit. Here’s a breakdown of how it works: Concept: A […]
In Odoo manufacturing, let’s consider a scenario where you produce wooden chairs as the main product. Here are some potential byproducts: Wood shavings and sawdust: These are inevitable results of cutting and shaping the wood for the chair. Odoo allows you to include them in the BOM and assign a cost based on how much wood […]
Demystifying Pricelists: A Guide to Tailored Pricing in Your Odoo 17 Website In the competitive world of e-commerce, presenting the right product price is crucial for attracting customers and boosting sales. Odoo 17’s website module empowers you to create a dynamic pricing strategy through the use of price lists. This guide delves into the world […]
Odoo websites allow you to add an extra step during the checkout process to collect additional information from customers. This can be useful for gathering details that aren’t necessarily covered by standard shipping and billing addresses. Here’s how to enable the extra step: Access the checkout page: Login to your Odoo website backend and navigate […]
In the context of Odoo’s e-commerce platform, “Add to Cart” refers to the action a customer takes to include a product in their virtual shopping basket. This functionality allows them to collect items they intend to purchase before proceeding to checkout. Adding items to the cart in Odoo happens on the customer-facing website. There are […]
This refers to grouping various products together for sale or delivery. Imagine a gift basket containing different items like chocolates, cookies, and a teddy bear. In Odoo, you can define such a collection of products as a package. Packages: Odoo allows creating packages during transfers like deliveries. In the transfer document, click on the Detailed Operations icon for a product line. Alternatively, use the Put […]
Adding Collaborators to Streamline Projects in Odoo 17 Effective project management in Odoo 17 hinges on collaboration. By adding collaborators, you can assign tasks, share information, and keep everyone on the same page. Here’s a detailed guide on incorporating collaborators into your Odoo 17 projects: 1. Accessing Your Project: Launch your Odoo 17 instance and […]
In Odoo, recurring revenue refers to income generated from subscriptions or plans that customers pay for on a regular basis. This contrasts with one-time sales where a customer pays a fixed amount for a product or service. Odoo facilitates managing recurring revenue by allowing you to: Define Recurring Plans: You can set up different billing […]
In this video, we will explore how to create and use compute fields and compute functions in Odoo 17. Compute fields are special fields whose values are computed dynamically based on other fields or data in the system. This feature allows you to create fields that automatically update their values when related fields change, ensuring […]
