How to Configure Journals in Odoo 14 | Odoo Accounting Journal Entries – CBMS Odoo ERP

Odoo Accounting Journal Entries: An accounting journal is a record of transaction exchanges requested by date, these transactions are recorded in the name of journal entries. Each journal entry shows account names and their credits and debit values. In Odoo we can create different types of journals. Sales, Purchase, cash, Bank, and miscellaneous are the […]

How to Manage Multi-Currencies in Odoo 14 | Odoo 14 Accounting – CBMS Odoo ERP

Choosing to use the multi-currency option in Odoo will allow you to send sales invoices, quotes, and purchase orders or receive bills and payments in currencies other than your own. Users can configure multiple currencies for the transaction, set its exchange rate, and assign different currencies for individual partners and charts of accounts, run reports […]

Incoterms in Odoo 14 | Odoo 14 Accounting – CBMS Odoo ERP

Incoterms stands for International commercial terms. Fifteen terms of sale accepted worldwide in an assignment of costs and responsibilities between buyer and seller. Basically, Incoterms are trade terms published by the International chamber of commerce(ICC), and that is commonly used in both international and domestic trade contracts. Incoterms basically intended to convey the assignments, expenses, […]

Odoo 14 Payroll | Odoo HR Payroll Accounting | Odoo App – CBMS Odoo ERP

#odoo14 #odooapp #odooaccounting Odoo Payroll accounting module manages the payroll activities revolves in and around the management of employee salary and generates corresponding entries accounting as well Additional Features of Odoo 14 Payroll Accounting App ✔️ Configuring Salary Rules ✔️ Configuring Salary Structure ✔️ Employee Pay Slips ✔️ Manage entries in accounting journals ℹ️ App […]

How to set payable and receivable accounts in Odoo 13? – CBMS Odoo ERP

Video Contents: 00:00 Introduction 01:19 Accounting module overview 02:22 Customers in the accounting module 03:36 Create payable and receivable accounts 06:42 Set payable and receivable accounts 07:47 Create invoice/bills for customers 09:15 Reporting in Accounting module Account receivable and payable is one of the indispensable accounts in a business. When we track these accounts, we […]