As parent companies grow, there are quite many acquisitions, mergers, and investments made. Maintaining the accounts of all these is quite important. As important as this, is the reviewing of the accounts of the acquired companies and the invested companies. Video Chapters 00:00 – What’s a Consolidation? 00:59 – How to Configure Multiple Companies? 01:23 – How […]
Odoo 16 is the latest version of the popular open-source enterprise resource planning (ERP) software. #odoowebinar With Odoo 16’s website module, users can design and customise their websites using a user-friendly drag-and-drop interface. It offers a collection of pre-built website building blocks and templates, enabling users to create attractive and responsive web pages without requiring […]
In #Odoo, “unrealized currency” refers to the potential gain or loss that arises from changes in the exchange rate between two currencies before a transaction is settled or realized. Video Chapters 00:00 – What is Unrealized Currency Gain/loss 00:49 – How to Configure Currency 01:44 – How to Configure Automatic Currency Rate 04:20 – How […]
Each country contains its own fiscal positions for tax configuration. Users from any country can manage the transactions with the localization feature in the fiscal position. Odoo 16 Accounting module ensures you configure accounts, customers, taxes, vendors, currencies, and more as per your company needs. Several types of taxes are managed easily using the fiscal […]
Live Chat has the highest satisfaction rating of any communication tool. It allows fast responses and it is accessible and convenient, as your customers can keep doing what they are doing while interacting with you. Remember: your customers want to talk to you, so let’s make it easy. #odoo16 #odoofunctionalvideos #odootutorials VIdeo Chapters 00:00 – […]
You can customize the checkout steps, add more content using the website builder, and enable additional features such as express checkout and sign-in/up at checkout. #odoowebsite You can use building blocks to add content at any step of the checkout process. To do so, from any checkout page, go to Edit ‣ Blocks, and drag and drop building blocks to the page. #odoo16 Add to cart […]
Deferred expenses and prepayments (also known as prepaid expenses), 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 […]
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 […]
When you have to transfer an amount from one account to another account over a fixed period of time, you can make use of the Automatic Transfers feature provided by the Odoo 16 Accounting module. By selecting the Automatic Transfer option from the Accounting tab, you can view the list of existing automatic transfers. The […]
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 […]