Digital Agency Website
Digital Agency Website
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 […]
Odoo 14 brings up a new report related to the Currencies ie. Unrealized Currencies gains/losses Report. #odoo15accounting This report will display all open amounts on your balance sheet that need to be reevaluated. It is grouped by the currency and their respective accounts.#odoo15videos This report displays the amount separately in four columns: 1. Balance in […]
Deferred revenues, or unearned revenue, are payments made in advance by customers for products yet to deliver or services yet to render. #odoo15videos Such payments are a liability for the company that receives them since it still owes its customers these products or services. The company cannot report them on the current Profit and Loss […]
Deferred expenses and prepayments (also known as prepaid expenses), are both costs that have already occurred for unconsumed products or services yet to receive. 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. The company cannot […]
Deferred expenses in #odoo13, are payments made in advance by our company for our service products for insurance or home rent, etc . yet to render. Such payments are assets for the company that receives them since it still owes its customers these products or services. The company cannot report them on the current Profit […]
Deferred expenses and prepayments (also known as a prepaid expense), are both costs that have already occurred for unconsumed products or services yet to receive. 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. The company […]
