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Odoo 10 Implementation Cookbook

You're reading from   Odoo 10 Implementation Cookbook Explore the capabilities of Odoo and discover all you need to implement it

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Product type Paperback
Published in Oct 2017
Publisher Packt
ISBN-13 9781787123427
Length 806 pages
Edition 1st Edition
Tools
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Author (1):
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Mantavya Gajjar Mantavya Gajjar
Author Profile Icon Mantavya Gajjar
Mantavya Gajjar
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Toc

Table of Contents (17) Chapters Close

Preface 1. Getting Started with Odoo Online FREE CHAPTER 2. Quickstart Implementation Methodology 3. Traceability - Leads to Cash 4. Modern way of doing sales and managing sales contracts 5. Time Tracking and Invoicing Policy 6. Start Selling Online with Odoo eCommerce 7. Setting up Financial Management with Odoo 8. Scale Your Business 9. Purchase Management 10. Warehouse and Inventory Management 11. Advanced Warehouse Management 12. Setup your Manufacturing Process 13. Product Life Cycle Management and Maintenance 14. Implement Project Management 15. Implement Human Resource Applications 16. Installation of Odoo on Ubuntu

Setting up financial management in Odoo


Finance is the heart of an organization; it is connected to all the core activities of a business such as Sales, Purchase, Manufacturing, Projects, and so on. Odoo has a great modular approach, and that's the reason you can choose either to use only the Invoicing application; or the full Financial Accounting application. Invoicing is an integrated application with Sales and Purchase; and is used to create an invoice and track payments, while the Financial Accounting application supports full accounting features, from the configuration of the chart of accounts to printing legal reports such as Profit and Loss Accounts, and Balance sheets.

Let's activate the fully featured Financial Accounting application, configure company information, install a chart of accounts and configure it, and import the opening balance for an each account. To import the opening balance, we have to import the accounts closing from the balance sheet and the customer ledger of...

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