Digital Agency Website
Digital Agency Website
A down payment / prepayment is a partial payment made upfront as part of the total amount due for a product or service. It is a common practice in various industries and transactions. In Odoo, handling prepayments typically involves creating a prepayment invoice or using the advance payment feature. #odootutorials #odoo17 Connect With Us: ————————————— […]
“Incoterm” stands for International Commercial Terms, which are a set of standardized three-letter trade terms created by the International Chamber of Commerce (ICC). #odoo17 Incoterms are widely used in international commercial transactions to define the responsibilities and obligations of buyers and sellers regarding the delivery of goods, the transfer of risk, and the payment of […]
Incoterm” stands for International Commercial Terms, and they are a set of standardized three-letter trade terms created by the International Chamber of Commerce (ICC). #odootutorials Incoterms are widely used in international commercial transactions to define the responsibilities and obligations of buyers and sellers regarding the delivery of goods, the transfer of risk, and the payment […]
Expense management can be trickier in any business organization since it may be done at various stages of operation and does not have a proper systematic channel to be performed on. #odoo16 #odoofunctionalvideos Expense management gets tricky when the reimbursement of expenses by the employees comes into play. Considering the maintenance department of a company would […]
Automatically create new expenses from an email Instead of individually creating each expense in the Expenses app, expenses can be automatically created by sending an email to an email alias. #odoo16 #odoofunctionalvideos #odootutorials To do so, first, an email alias needs to be configured. Go to Expenses app ‣ Configuration ‣ Settings. Ensure Incoming Emails is enabled. Video Chapters 00:00 […]
Financial balance is regarded as the backbone of an organization. When a firm deals with sales or purchases, practical accounting is required. As a result, customers can make a variety of payments. #odooaccounting Customers can pay the billed amount in cash or via bank transfer. Dealing with cheques is not as simple as dealing with […]
In #Odoo, “unrealized currency” refers to the potential gain or loss that arises from changes in the exchange rate between two currencies before a transaction is settled or realized. Video Chapters 00:00 – What is Unrealized Currency Gain/loss 00:49 – How to Configure Currency 01:44 – How to Configure Automatic Currency Rate 04:20 – How […]
Deferred expenses and prepayments (also known as prepaid expenses), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The […]
When you create or edit an account of which the type is either Current Liabilities or Non-current Liabilities, you can configure it to defer the revenues that are credited on it automatically. #odoo16 You have three choices for the Automate Deferred Revenue field: #odootutorials #odoofunctionalvideos No: this is the default value. Nothing happens. Create in the draft: whenever a transaction is posted […]
Deferred expenses and prepayments (also known as prepaid expense), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The company cannot report them on the […]
