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This video explains the Product categories of Odoo 16. Product category management helps the business to categorize the products in an effective way. #odoofunctionalvideos This feature is significant for inventory management and business operations. Odoo offers this feature in a refined format. #odoo16 In Odoo 16 inventory product categories can be configured with ease. The categories […]
A cash payment that occurs at the beginning of a purchase transaction is a down payment. It allows customers to produce purchase payments for short or long-term periods. #odoo16 One of the benefits of a down payment is the lower interest rate available for customers. Most companies added down payments for wholesale or retail operations […]
A singleton error refers to an issue that occurs when attempting to create multiple instances of a class or object that is designed to have only one instance throughout the lifetime of an application. #odoo16 #odoodevelopment Singletons are commonly used in software development to ensure that there is only one instance of a particular object […]
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 […]
Deferred expenses and prepayments (also known as prepaid expense), are both costs that have already occurred for unconsumed products or services yet to receive. #odooaccounting Such costs are assets for the company that pays them since it already paid for products and services still to receive or that are yet to be used. #odoo16 The company cannot report them on the […]
When you have to transfer an amount from one account to another account over a fixed period of time, you can make use of the Automatic Transfers feature provided by the Odoo 16 Accounting module. By selecting the Automatic Transfer option from the Accounting tab, you can view the list of existing automatic transfers. The […]
A company can have multiple warehouses. The products from one warehouse can be resupplied from another one. Odoo facilitates an option to resupply goods and raw materials from other warehouses. This will be done when goods are not available in one warehouse. #odoo16 #odoofunctionalvideos #odootutorials Go to – Inventory – Configuration – Odoo Warehouse – Check […]
The routes defined on a product will help you to understand and track each movement of the product. It is the track or path of operations used for inventory movements. #odoo16 Without a proper strategy, it is difficult to monitor and manage the inventory movements in a company. Based on your company policies, you can […]
All the configured operations are available in the inventory overview window. If the database is configured with multi-company then operation types associated with that companies also will be visible in the overview window. #odoo16 #odoofunctionalvideos #odootutorials Connect With Us: ————————————— ➡️ Website: ➡️ Email: info@cybrosys.com ➡️ Twitter: ➡️ LinkedIn: ➡️ Facebook: ➡️ Instagram: ➡️ Pinterest: […]
Using the Consignment option available under the Settings menu, it is possible to set the owner on stored products in your inventory. #odooinventory The product will be sold by the retailer but the actual ownership of the product will be held by the supplier until the product has been sold to a customer. #odoo16 You […]
