Digital Agency Website
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In inventory management, the supply chain strategy determines when products should be fabricated, delivered to distribution centers, and made available in the retail channel. This kind of strategic process can be configured using Routes, featuring Pull and Push Rules. Once everything is properly configured, the inventory app can automatically generate transfers following the instructions given […]
Lead times are nothing but the time expected to receive, deliver, or manufacture products. One can configure the lead time for purchase, sales, and manufacture. The vendor lead time is the time demanded by the vendor to deliver a product. On the other hand, customer lead time denotes the time needed for delivering products to […]
Inventory valuation refers to how you value your stock. It’s a very important aspect of a business as the inventory can be the biggest asset of a company. An inventory valuation of a company helps to know the monetary value for items in their inventory. To ensure reliable financial records on inventory reports, careful calculation […]
A credit note, or credit memo, is a document issued to a customer that notifies them that they have been credited a certain amount. There are several reasons that can lead to a credit note, such as: – mistake in the invoice – return of the goods, or a rejection of the services – the […]
Cash in Cash out option is available when we enable the ‘Cash control’ feature in pos settings. The cash in/out is also referred to as put money in and take money out. The put money in is the cash in and is primarily used to put money manually before starting your transfer from the register […]
Default taxes and accounts are set on products and customers to create new transactions on the fly. However, you might have to use different taxes and record the transactions on different accounts, according to your customers’ and providers’ localizations and business types. Fiscal Positions allow you to create sets of rules to automatically adapt the […]
A Debit Note is required to be issued when purchased goods are returned or if a revision is needed in the created bill due to goods/services not being up to the mark ie. bad quality of goods are delivered or when the value of invoice increases due to extra goods being delivered. It provides details […]
This video explains How to create a Purchase Order in Odoo 14 Community. For most of your everyday purchases, chances are you already know where to purchase and at what price. For these cases, a simple Purchase Order (PO) will allow you to handle the whole process. The PO will generate an invoice, and depending […]
This video explains how to generate sales details in Odoo 14 POS Community. All you need to do is go to the reporting tab under Odoo POS and select the option – sales details. Upon clicking you are navigated to a new window where you can add the start date and the end date for […]
Cash rounding is a process used in calculation when money in the low denomination is involved in a transaction. Sometimes, transactions become impractical when the denomination is very low. This could be either due to the unavailability of the coins to transact the exact amount. In such cases, every business firm depends on cash rounding. […]
