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 […]
Choosing to use the multi-currency option in Odoo will allow you to send sales invoices, quotes, and purchase orders or receive bills and payments in currencies other than your own. Users can configure multiple currencies for the transaction, set its exchange rate, and assign different currencies for individual partners and charts of accounts, run reports […]
Every industry or organization will have to manage one or the other event. It can be a meeting, an annual day celebration, or a customer management program. #odoo15events Despite the size of your organization, it would be easier to manage the event if you have the assistance of an application to manage the events. #odoo15videos […]
A well-structured sales pipeline is crucial in order to keep control of your sales process and to have a 360-degrees view of your leads, opportunities, and customers.#odoo15crm The CRM sales pipeline is a visual representation of your CRM sales process, from the first contact to the final sale. It refers to the process by which […]
To be simple scrap is something valueless. Odoo scrap management is a very simple but eminently useful feature of Odoo manufacturing ERP. In the company stockroom, you once in a while discover items that are unusable because of expiry or for some other reason. You regularly see this during physical stock. Since you can’t sell […]
This video Explains Storage Locations in Odoo 15. #odoo15inventory #odooenterprise One is permitted to build separate warehouses in Odoo and can make adjustments or switch between these stock rooms. So a storage place inside this or a sub-location of one’s warehouse may be said as a specific room, such as a floor, a passageway or […]
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 […]
The cash basis taxes are due when the payment has been done and not at the validation of the invoice (as is the case with standard taxes). Reporting your income and expenses to the administration based on the cash basis method is legal in some countries and under some conditions. #odoo #odoo14 #odootaxes #Manage #Cash […]
Choosing to use the multi-currency option in Odoo will allow you to send sales invoices, quotes, and purchase orders or receive bills and payments in currencies other than your own. With multi-currency, you can also set up bank accounts in other currencies and run reports on your foreign currency activities. #odoo14 #odoo #odoo14community #managecurrencyinodoo #odooerp […]