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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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]