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 […]
Success in expense management decides the financial success of a firm. For a small business, large scale business, and other operations, the expenses for the business will be managed in different ways. Sometimes, the employees will have to purchase components or equipment for the company without getting the advance payment. The travel allowance and communication […]
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 […]
Managing your employees’ daily expenses has never been an easier task. Whether its travel expenses, office supplies, or any other employee expenditure. One can access all these receipts and expense submissions from the Odoo Expenses dashboard. The module makes it easier to create, validate, and refuse the expense in a button click. Install the expense […]