Odoo stands out for its versatility and easy customization. As one of the easiest ERP software to work with, Odoo has satisfied many customers with impressive modules like CRM and Manufacturing. #odoo16 #odooaccounting #odoofunctionalvideos Working with any ERP software, you must be familiar with the need for multi-access and multi-management of the database. As integrated software that […]
A business will be dealing with a lot of transactions every day. The amount collected from the customer using the invoice is paid. However, the accounts wing of the business may not be able to enter all transaction details and amounts in the bank account the moment the transaction takes place. #odooaccounting Usually, the account statements are […]
The cash spent by an employee for company purposes is an employee expense. #odooaccounting In some situations, employees must spend money on various projects and purchase commodities from vendors for company purposes. In these cases, a firm is responsible for giving back the money to employees. We need support to manage employee expense management, Odoo […]
One important feature of Odoo’s accounting module is the ability to handle tax calculation and management. #odooaccounting Odoo allows businesses to set up their tax structure based on whether the taxes are included in the price or excluded from the price. There are several business cases for using tax included and tax excluded in Odoo: […]
This video explains the invoice online payment feature in the accounting module of odoo 16. #odoofunctionalvideos The Invoice Online Payment feature allows you to make it easier for your customer to pay your invoices, by adding a pay now button to their customer portal so that they can view their invoices online and pay online […]
Purchase receipts are confirmations of collected payments rather than invoices, like a ticket or a receipt. #odooaccounting When you directly pay for an expense using funds from your organization, you should use this function. #odoo16 In contrast, vendor bills are recorded when you get an invoice and the money is first credited to a debt […]