Budget Management in Odoo 16 Accounting | What is budget management in Odoo 16? – CBMS Odoo ERP

Budget Management is crucial for any corporate organization. By comparing the amount we actually spent and the expected expenditure, we may use the budget to evaluate the performance of our business. #odoo16 #odooaccounting #odoofunctionalvideos Video Chapters 00:00 – Introduction 00:51 – Enable budget management and analytic account 01:39 – Configure Budget Budgets frequently give you […]

How to configure Taxes in Odoo 16 Accounting | How to Manage Taxes in Odoo 16 Accounting – CBMS Odoo ERP

Tax is a financial obligation imposed by a government on individuals, businesses, and other entities to fund public expenditures and services. #odoo16 #odooaccounting Video Chapters 00:00 – What is Tax? 00:30 – How to Configure Tax? 03:31 – Group of Tax 04:19 – Fixed Tax 04:34 – Percentage of Tax 05:52 – Python Code 05:58 […]

Odoo For Trading Companies: Odoo 16 Webinar 2023 | Manage Your Trading Business With Odoo – CBMS Odoo ERP

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 […]

How to Handle Post Dated Cheque in Odoo 16 Accounting | Odoo 16 Accounting Tutorials – CBMS Odoo ERP

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 […]

How to Handle Unrealized Currency Gain/Loss in Odoo 16 Accounting – CBMS Odoo ERP

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 […]

How to Manage Product Prices with Tax Mapping in Odoo 16 Accounting | Odoo 16 Functional Videos – CBMS Odoo ERP

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 […]

How to Automate Deferred Expense With Odoo 16 Accounting | Odoo 16 Functional Tutorials – CBMS Odoo ERP

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 […]

Reconciliation in Odoo 16 Accounting | Odoo Accounting | Odoo 16 Enterprise Edition – CBMS Odoo ERP

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 […]