How to Automate Asset Management with Odoo 16 Accounting | Odoo 16 Functional Videos – CBMS Odoo ERP

The process of monitoring, organizing, and selling a firm’s assets is asset management. Machinery, cars, computers, and other equipment have been invested in a company recently, and these are fixed assets that we plan to use for multiple years. However, as time passes, the value of assets reduces widely. #odoo16 Create in draft: whenever a transaction is […]

Odoo Quick Tips – Compare periods in reports [Accounting] – CBMS Odoo ERP

Odoo Accounting is your free Cloud Accounting Software. “Your Accounting done right”. It’s free, open-source, fun, and full of great features!  Try it now!  Master Odoo and all its features with this series of Quick Tips!  ‣ Learn more about Odoo Accounting:  ‣ Learn how to use Odoo:  ‣ Schedule a demo:  #Odoo #Quick #Tips #Compare #periods […]

Deferred Expense Management in Odoo 16 Accounting | Odoo 16 Functional Videos | Odoo Accounting Demo – CBMS Odoo ERP

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 […]