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This video explains the Product categories of Odoo 16. Product category management helps the business to categorize the products in an effective way. #odoofunctionalvideos This feature is significant for inventory management and business operations. Odoo offers this feature in a refined format. #odoo16 In Odoo 16 inventory product categories can be configured with ease. The categories […]
This video explains the views of the project. Odoo 16 Project module offers various views to evaluate each project. #odoo16 By selecting a particular project from the dashboard, you can see different visibility views for projects. #odoofunctionalvideos It includes Calendar, Kanban, Map, Graph, and list view showing various details of each project, such as Title, […]
This video explains the automatic invoicing in odoo 16. The scheduling of invoices to be issued automatically at a predetermined date and time is known as automated invoicing. This can be set up by business owners using online invoicing packages. On the other hand, one-time invoices can be easily issued manually from mobile devices without […]
This video explains the access rights in the Purchase module of odoo 16. The access rights can be defined for all module categories and applications installed in the database. #odoo16 Video Chapters 00:00 Introduction 00:11 Go to the settings module 00:26 Open user 01:05 Open purchase module 01:13 Enable purchase order approval 01:45 Login as […]
A cash payment that occurs at the beginning of a purchase transaction is a down payment. It allows customers to produce purchase payments for short or long-term periods. #odoo16 One of the benefits of a down payment is the lower interest rate available for customers. Most companies added down payments for wholesale or retail operations […]
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 […]
At the year-end, we will have to transfer the closing balance of the current year as an opening balance to the new financial year. In odoo 16 we used a journal and journal entries for setting the opening balance. First, create an equity account for opening balance and a journal entry to bring account balances […]
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 […]
When you have to transfer an amount from one account to another account over a fixed period of time, you can make use of the Automatic Transfers feature provided by the Odoo 16 Accounting module. By selecting the Automatic Transfer option from the Accounting tab, you can view the list of existing automatic transfers. The […]
This video explains the reordering rules in Odoo 16. The reordering rule in Odoo is basically a set of rules that the user can set to make sure that the stock would never runs out and Replenishment can determine the efficiency of your flow of goods as they move throughout your supply chain. #odoo16 #odoofunctional […]
