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 […]
Inventory Adjustments act as an important feature in a warehouse management system to keep the inventory right. Once your products are defined, it is time to make your initial inventory. Inventory Adjustment for a single storable product has access to set initial inventory through the Update Quantity button. Inventory Adjustment for multiple storable products can […]