How to Set Up Taxes in Odoo 18 Accounting | Configure Odoo 18 Taxes | Odoo 18 New Features | Odoo 18 – CBMS Odoo ERP

Odoo 18 offers a robust tax management system that allows you to configure and apply taxes to invoices, purchase orders, and other financial documents. Here’s a breakdown of key features and how to configure them: Configuring Taxes: 1. Create Tax Groups: Navigate to Accounting — Configuration — Taxes. Click Create to add a new tax […]

How to Configure Cash Basis in Odoo 17 Accounting | Odoo 17 Accounting Tutorials | Odoo 17 Tutorials – CBMS Odoo ERP

Cash basis accounting is a method of recording revenue and expenses only when cash is received or paid out. This means that transactions are recognized based on their actual cash flow, rather than when they are earned or incurred.   Key points about cash basis accounting: – Revenue Recognition: Revenue is only recorded when cash […]