In this webinar, we will be discussing the key features and benefits of Odoo’s accounting module including its user-friendly interface and seamless integration with other Odoo applications. Then setting up your accounting application system, learn how to configure odoo accounting to suit your business needs, covering CoA setup, bank reconciliation, and automated invoicing process. 00:00 […]
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 […]
Odoo Finance & Accounting is considered as the #1 open source software of its kind. From basic journal entry creation to budget management, analytic accounting to advanced business intelligence reports; Odoo Finance and accounting turns out to be the highly productive solution. It acts as a self-reliant and independent management module to cater to the […]
This video is to show How to set up Odoo accounting and how to import opening balances into the new fiscal year. Here we have explained the basis of an actual company’s closed balance sheet. At the year-end, we will have to transfer the closing amount from the balance sheet into the current year as […]
Video Contents: 00:00 Introduction 01:19 Accounting module overview 02:22 Customers in the accounting module 03:36 Create payable and receivable accounts 06:42 Set payable and receivable accounts 07:47 Create invoice/bills for customers 09:15 Reporting in Accounting module Account receivable and payable is one of the indispensable accounts in a business. When we track these accounts, we […]
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 […]
Odoo 13 Accounting Dashboard, Asset Management, Accounting Reports, PDC Management, Account Lock dates, Customer Credit Limit and Follow-Ups, Daybook, Bankbook, and Cashbook reports in Odoo 13 community edition. Download Now: ✅ V14. ✅ V13. New Feature ✔️ Accounting Dashboard. Key Highlights ✔️ Asset management system. ✔️ Handle Post Dated Cheques. ✔️ Accounting lock dates. ✔️ […]
Odoo 13 Functional Training On Accounting Odoo Finance & Accounting is considered as the #1 open-source software of its kind. From basic journal entry creation to budget management, analytic accounting to advanced business intelligence reports; Odoo Finance and accounting turns out to be a highly productive solution. It acts as a self-reliant and independent management […]
Deferred Revenues (Recognition) in Odoo 13 Accounting, Deferred revenue is an advance payment received by a company. It is not yet revenues so cannot be reported on the income statement. In other words, deferred revenue is a payment in advance recorded on the receipt’s balance sheet as a liability account until either the services have […]
Accounting in odoo is sufficient for any organization to meet all their needs related to accounting. As you know for any organization, accounting is one of the most important processes in order to run the company without any financial losses. Odoo accounting is connected with all the other apps such as sales, purchase, inventory, and […]