In this webinar, Patrick will show you how to set up your accounting system using Odoo. He’ll cover topics such as general acccounting, asset management and multicurrency and explain how you can get the most out of your Odoo database. Interested in trying Odoo Accounting? Learn more at https://www.odoo.com/page/accountingIf you want to get in touch with Patrick to discuss your business needs, book an appointment with him at https://www.odoo.com/r/demo-plukusa========= 1:23 – About Odoo 4:56 – Why Odoo Accounting? 6:22 – Getting Started with Odoo 8:26 – Accounting Overview 9:03 – Create an invoice 11:10 – Record payment 11:49 – Upload vendor bills 13:48 – Journal entries 14:54 – Follow-up reports 16:25 – Account receivables & payables 17:34 – Tax report 19:34 – Profit & loss 22:26 – Multi-currencies 24:44 – Budget management 30:20 – Assets 33:07 – Bank statement import 36:23 – Multi company 39:34 – Consolidation 40:29 – Q&A
16 thoughts on “Odoo Accounting Simplified”
Can its synch to banks in kenya
Hello Ibiz Media Technology,
You can check here if your bank is supported: https://www.odoo.com/page/accounting-features
Hi, you have said in currencies you could also create cryptocurrencies. How would you do this?
For a Micro Finance Company, can you show how one can track repayments and send multiple reminders to the business owner and customers over a long period of time for different clients?
Lol Patrick’s hands at the end said, “Voila”.
Is it possible to register a downpayment/deposit on account without having to post an invoice?
How do you do s mass reclass from one GL account to another based on filters such as date range? Can Odoo do that?
not that good
How do I enter outstanding checks/ deposit in transit from prior FY and reconcile it.
We issue an Invoice to a customer with 16% sales tax. The customer pays us after deduction of sales tax and withholding tax.
Invoice Amount 1,000/-
Sales Tax @ 16% 160/-
Total Invoice 1,160/-
Customer Paid Us as follows (Withhold Sales Tax and Income tax @ 3% on the total of the Invoice amount)
Sales Tax 160/-
Withholding Tax @ 3% 34.8/- (1,160/- @ 3%)
Customer Paid us 965.2/-.
Please confirm that how can I address the sales tax and withholding income tax when receive payment from customer. Your good reply will be highly appreciated. Thanks!
Well done Patrick, Excellent work!
how i can add or how i can connect the account code with location, department and profit center together
actually i want to track all GL accounts with location, department and profit center. But in this video not clear how to connect location, department profit center.
Can one do differential analysis and CVP analysis with odoo in the manufacturing app?
Very good, Patrick