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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 […]
This video explains the refund in the odoo 16 accounting module. Odoo makes it easy to return the products and goods which are already sold, thus keeping your customers closer. #odoo16 Video Chapters 00:00 Introduction 01:06 Create a Purchase order 02:29 Create Bill 04:01 Credit Note 05:01 Refunds #odooaccounting #odoofunctionalvideos The product return is the […]
This video explains the accounting dashboard in the Odoo 16 accounting module. #odooaccounting #odoo16 The Odoo platform provides the user with an efficient and reliable accounting dashboard to deal with the accounting aspects of the company. The user can create invoices, vendor bills, other miscellaneous operations, and bank operations from this dashboard. #odoodashboard Connect With Us: ————————————— […]
This video explains the bank reconciliation in Odoo 16. It is easy to perform the reconciliation process with the Odoo 16 Accounting module. #odoo16 #odoofunctionalvideos #odooaccounting There are two ways or options by which you can perform the Reconciliation in Odoo 16. You can directly Specify the Payment on the invoice and can Reconcile open […]
Storno Accounting is a newly introduced accounting feature in Odoo. In this method of accounting, it will use negative credit or debit amounts recorded in your account to reverse the original journal entries. #odoo16 With the assistance of this practice, it is possible to cancel a file having incorrect accounting information related to the recorded […]
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: […]
Odoo 16 introduces various new features in each module, which enhances the process functionalities in different area. #odoo16 Slides: Video Chapters 0:00 Introduction 3:15 New Features in Odoo 16 Sales Module A. 4:40 Discounts & Loyalty in Odoo 16 B. 17:12 Gift Cards & E-wallets in Odoo 16 C. 23:03 Applying Incoterms in Odoo 16 […]
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 […]
