CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
Automatic transfers in Odoo Accounting can be used for various purposes, such as: Inter-company transactions (when dealing with multiple companies in Odoo) Currency revaluation (adjusting accounts based on exchange rates) Accrual accounting (recognizing revenue/expenses in the correct period) Bank statement reconciliation (moving funds between accounts automatically) 🔹 How to Set Up Automatic Transfers in Odoo […]
Learn how to effortlessly manage your company’s assets with Odoo 18’s powerful Asset Model and Automation features! This tutorial provides a step-by-step guide on creating and automating asset models within Odoo 18 Accounting. We’ll cover everything from defining asset categories and depreciation methods to automating the creation of depreciation entries, streamlining your fixed asset management […]
In Odoo 18 Accounting, deferred revenue refers to payments received in advance for goods or services that are yet to be delivered. These payments are recorded as liabilities on the company’s balance sheet and are recognized as revenue over time as the goods or services are provided. Configuration: To manage deferred revenues in Odoo 18, […]
Simplify Expense Reporting with Odoo 18! In this video, learn how to log expenses easily. We’ll cover three simple methods: manual entry, uploading receipts, and emailing them directly to the system. An employee is an essential part of a company. In other cases, the worker pays business expenses with his own money. It costs money […]
In Odoo 18 Accounting, Analytic Accounts are a powerful tool for tracking costs and revenues associated with specific projects, departments, products, or other segments of your business. Key Concepts: Purpose: To gain deeper insights into the profitability and performance of different aspects of your business beyond basic financial statements. Functionality: Allows you to categorize transactions […]
Analytic budgets Analytic budgets allow for allocating and tracking income and expenses in detail, breaking down costs and revenues by specific projects, departments, or groups of transactions. Analytic budgets can be applied across various departments or projects to measure profitability and performance. Odoo manages analytic budgets using analytic accounting. To activate the option for creating analytic […]
Odoo 18 provides a flexible system for managing user access rights, ensuring data security and efficiency within your accounting operations. Here’s a breakdown of the key aspects: User Types Internal User: This is the default user type for employees within your organization. Internal users have access to various modules and functionalities based on their assigned […]
Taxes in Company Currency in Odoo Odoo, a powerful open-source ERP, offers a feature to display taxes on invoices in the company’s currency, even when the invoice is created in a different currency. This can be particularly useful for businesses operating in multiple currencies or for regulatory compliance in certain regions. How to Enable Taxes […]
In Odoo, the Sales Credit Limit refers to a feature used to manage and control customer credit limits in the Sales and Accounting modules. This ensures that customers do not place orders exceeding their predefined credit limit, helping businesses mitigate financial risks. How Sales Credit Limit Works in Odoo: Setting Up Credit Limits for Customers: […]
The purpose of displaying the total amount in words on invoices is to enhance clarity, professionalism, and security. Here’s a breakdown of the reasons: 1. Clarity and Precision: Reduced Errors: By explicitly stating the amount in words, it minimizes the risk of misinterpretations or errors that might occur due to numerical typos or discrepancies. Enhanced […]
