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A down payment / prepayment is a partial payment made upfront as part of the total amount due for a product or service. It is a common practice in various industries and transactions. In Odoo, handling prepayments typically involves creating a prepayment invoice or using the advance payment feature. #odootutorials #odoo17 Connect With Us: ————————————— […]
This video explains the payment flow in Odoo 15 accounting #odoo15accounting From version 14 onwards payments are registered by default on outstanding accounts both in the case of customer invoices and vendor bills. Odoo has added new payment transfer accounts for outstanding payments and outstanding receipts. Invoices or refunds can be posted on outstanding receipts, […]
Recurring journal entries are those entries that are recorded periodically like phone bills, rent, electricity payments, etc. You have to post journal entries each time whenever these payments are met. ℹ️ App link: It is a time-consuming way. Here, this module comes into the picture. This module helps to handle those types of payments by […]
