This webinar is for trading companies of all sizes, from small businesses to large enterprises. Whether you are just starting out or looking to improve your existing operations, Odoo 16 can help you achieve your goals. #tradingcompanies #tradingcompany #erp Video Chapters 00:00 Introduction 02:17 Key Benefits of Implementing the Odo Software 07:36 Dashboard 17:07 Invoicing Policies […]
Financial balance is regarded as the backbone of an organization. When a firm deals with sales or purchases, practical accounting is required. As a result, customers can make a variety of payments. #odooaccounting Customers can pay the billed amount in cash or via bank transfer. Dealing with cheques is not as simple as dealing with […]
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 […]
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 […]
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 […]
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 […]
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 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 […]