Summary

In this chapter, we examined how Odoo generates transactions and how you can use the Chart of Accounts to look at how those transactions originated. We examined both the Accounts Payable and Accounts Receivable accounts and how an invoice is posted. There are certainly more advanced Odoo topics, such as bank reconciliation and recurring entries, that are beyond the scope of this book. Please refer to the Appendix to locate additional resources on more advanced Odoo subjects.

In the next chapter, we will look at the Human Resources (HR) application. HR allows us to keep track of employees, the hours they work, and the services they provide. Staff can be assigned to user-defined departments and designated as managers of other employees. And since your employees will often also be users of the Odoo system, the HR module is tied tightly to the user administration system, which manages access rights and messaging.