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At the year-end, we will have to transfer the closing balance of the current year as an opening balance to the new financial year. In odoo 16 we used a journal and journal entries for setting the opening balance. First, create an equity account for opening balance and a journal entry to bring account balances […]
This video is to show How to set up opening balances in Odoo 15. #odoo15accounting At the year-end, we will have to transfer the closing balance of the current year as an opening balance to the new financial year. #odoo15enterprise In Odoo we used a journal and journal entries for setting opening balance. #odoo15 Connect […]
This video is to show How to set up Odoo accounting and how to import opening balances into the new fiscal year. Here we have explained the basis of an actual company’s closed balance sheet. At the year-end, we will have to transfer the closing amount from the balance sheet into the current year as […]
Inventory Adjustments act as an important feature in a warehouse management system to keep the inventory right. Once your products are defined, it is time to make your initial inventory. Inventory Adjustment for a single storable product has access to set initial inventory through the Update Quantity button. Inventory Adjustment for multiple storable products can […]
