The General Ledger Dashboard in *Odoo 18* gives you a complete overview of all your company’s accounts in one place. In this video, we’ll walk you through how Odoo organizes your ledger with debits, credits, and balances across accounts like cash, receivables, payables, sales, and taxes. You’ll learn how to drill down into journal items, […]
Down payment = pay part upfront to secure the deal! It helps businesses get cash faster and confirms the order. #Odoo #OdooTutorial #Odoo19 #Odoo18 #OdooAccounting #DownPaymentOdoo #OdooFeatures #OdooERP #OdooTips #OdooForBusiness #OdooFinance #OdooDownPayment #OdooNewFeatures #SalesManagement #AccountingSoftware #AdvancePayment #FinancialManagement #OdooTraining #OdooCommunity Connect With Us: ————————————— ➡️ Website: ➡️ Email: info@mycbms.com ➡️ Twitter: ➡️ LinkedIn: ➡️ Facebook: ➡️ […]
In Odoo 19, “Partial Bill Deduction” generally refers to partially deducting or paying a vendor bill, rather than paying it in full — a common need in real-life accounting and procurement workflows. 🔹 What It Usually Means: Partial Bill Deduction in Odoo 19 can refer to either of the following: Partial Payment of a Vendor […]
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: […]
Odoo provides a robust and efficient tool for bank reconciliation, ensuring accurate and up-to-date financial records. Here’s a general overview of the process: 1. Import Bank Statements: Manual Import: You can manually input bank statements into Odoo. Automated Import: For seamless integration, you can configure Odoo to automatically import bank statements from various […]
Odoo handles deferred revenue, also known as unearned revenue, which is money received from customers upfront for goods or services that haven’t been delivered yet. Since the company still owes the customer those products or services, this advance payment is considered a liability. Here’s a breakdown of deferred revenue in Odoo: Concept: Deferred revenue is […]
Accurate Tracking: Odoo allows you to record income and expenses in their original foreign currency, providing a clear picture of your financial activity in different countries. This simplifies reconciliation and gives you a more accurate understanding of your profitability in each region. Efficient Management: Odoo simplifies managing international transactions by automatically calculating exchange rates and […]