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Cancel or Delete Invoice in Odoo 13

Cancel or Delete Invoice in Odoo 13 Canceling an invoice means you can totally remove the invoice from the system, only it will give a record history on the job that the invoice was labeled as canceled. At the same time, you can cancel an invoice the time and cost will be available to invoice […]

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Odoo 13 Bank Statement and Reconciliation

Odoo 13 Bank Statement and Reconciliation A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. In this type of article explain wherewith, new bank statements can be created manually and reconcile the statement lines with receivable and payable entries […]

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Odoo 13 Accounting | Budget | Assets | Accounting Reports

Odoo 13 Accounting | Budget | Assets | Accounting Reports Odoo Accounting is used for storing, sorting, retrieving, summarizing, and displaying the results in several reports and analyses. Odoo Accounting is one of the required functions for almost any business. In Odoo Accounting various types of reports can be generated like Profit and Loss Report, Balance Sheet […]

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Batch Payment

Batch Payment Processing in Odoo 13

Batch Payment Processing in Odoo 13 In Odoo 13 batch payment processing allows you to create and send multiple payments in one go by simply uploading a file. You can then make a single transfer to TransferWise to cover all payments in the batch. Some people may announce a batch payment a bulk payment, or […]

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Odoo 13 Chart of Accounts

Odoo 13 Chart of Accounts A Chart of Accounts is a listing of all accounts used in the general ledger of an organization. It provides a complete listing of every account in an accounting system. An account is a unique record for each type of asset, liability, equity, revenue, and expense. In Odoo 13 Chart of accounts […]

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Odoo Analytical Accounting

How to Enable Analytical Accounting in Odoo 13

How to Enable Analytical Accounting in Odoo 13 In Odoo 13 Analytic Account mainly used for costing purposes. Odoo 13 Analytical Accounting uses businesses to track and record for their budgeting and financial statements. It is a very flexible term used in majority sectors inside a company. Odoo Analytic Accounts are used several modules like […]

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How to Manage Cash Basis and Accrual Basis Accounting in Odoo

How to Manage Cash Basis and Accrual Basis Accounting in Odoo In Odoo there are two various methods used to record accounting transactions like Case basis and Accrual basis accounting. Odoo accounting handle both accrual and cash basis reporting. Income or revenue is recorded when payments are received. The key difference between the two methods is in the […]

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How to track costs of purchases, sales, expenses in Odoo

How to track costs of purchases, sales, expenses in Odoo In Odoo Analytic Account mainly used for costing purposes. Odoo Analytical accounting uses businesses to track and record for their budgeting and financial statements. It is a very flexible term used in majority sectors inside a company. Odoo Analytic Accounts are used several modules like Project […]

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Budget Management in Odoo | Planet Odoo

Budget Management in Odoo A budget is a microeconomic concept that shows the contract made at the same time one good is exchanged for another. A budget is used for a financial plan for a defined period, normally a year. Budgets can be defined based on multiple criteria, such as departments, cost centers, cost types, […]

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How to Create Deferred Revenue Management in Odoo v12

Deferred Revenue Management in Odoo v12 Deferred revenue refers to payments received in advance for services which have not yet been performed or goods which have not yet been delivered. These revenues are classified on the company’s balance sheet as a liability and not as an asset. Deferred revenue is common among software and insurance […]

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Odoo Customer Payment Follow-up on Invoice

Customer Payment Follow up in Odoo is good customer service. It a products business or a services business, it is extremely important to receive payments, on-time. Odoo provides the right tools to track receivables, automate customer statements, and measure your performance. It allows your customer to pay later or in installments, you have to keep track […]

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How to Enable Multi-Currency in Odoo V12

A currency is a system of money in common use, especially in a nation. Under this definition, Indian rupee, US dollars, British pounds, Australian dollars, and European euros are examples of currency. Odoo provides features that support multi-currencies. Any company that does international trade receive payments in different currencies. This can be handled by enabling multi-currency […]

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Invoicing Process of Project in Odoo V12

How to Invoice a Project in Odoo V12 Odoo Project Management allows a user to create and manage a project with a team, with innovative and modern tools to better visualize the project’s progress. Fully integrated with other apps, you can, schedule, plan and analyze group tasks for any kind of business. Odoo Project enables […]

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