Finance

• Accounting
  • Overview
    • Main Concepts
      • Introduction to Odoo Accounting
        • Transcript
      • The Accounting behind Odoo
        • Double-entry bookkeeping
        • Accrual and Cash Basis Methods
        • Multi-companies
        • Multi-currencies
        • International Standards
        • Accounts Receivable & Payable
        • Wide range of financial reports
        • Import bank feeds automatically
        • Calculate the tax you owe your tax authority
        • Inventory Valuation
        • Easy retained earnings
      • Accounting Memento For Entrepreneurs (US GAAP)
        • Chart of Accounts
        • Journal Entries
        • Reconciliation
        • Bank Reconciliation
        • Checks Handling
    • Getting Started
      • How to setup Odoo Accounting?
    • Process overview
      • From Customer Invoice to Payments Collection
        • From Draft Invoice to Profit and Loss
        • Invoice creation
        • Draft invoices
        • Open or Pro-forma invoices
        • Send the invoice to customer
        • Payment
        • Receive a partial payment through the bank statement
        • Reconcile
        • Payment Followup
          • Customer aging report:
        • Profit and loss
        • Balance sheet
      • From Vendor Bill to Payment
        • From Vendor Bill to Payment
          • Record a new vendor bill
          • Validate The Vendor Bill
          • Pay a bill
          • Printing vendor Checks
        • Reporting
          • Aged payable balance
  • Account Receivables
    • Customer Invoices
      • Overview of the invoicing process
        • Sales
          • Sales Order ‣ Invoice
          • Sales Order ‣ Delivery Order ‣ Invoice
          • eCommerce Order ‣ Invoice
        • Contracts
          • Regular Contracts ‣ Invoices
          • Recurring Contracts ‣ Invoices
        • Others
          • Creating an invoice manually
          • Specific modules
      • Offer cash discounts
        • Set up a cash discount
        • Start offering the cash discount
        • Grant the cash discount
        • Register the full payment
      • Set up cash roundings
        • Configuration
        • Apply roundings
      • How to setup and use payment terms
        • Configuration
        • Using Payment Terms
          • Payment terms for customers
          • Payment terms for vendor bills
      • How to define an installment plan on customer invoices?
        • Configuration
        • Payment terms for customers
      • Deferred revenues: how to automate them?
        • Configuration
          • Module installation
          • Define deferred revenue types
          • Set deferred revenues on products
        • Sell and invoice products
        • Reporting
      • How to edit or refund an invoice?
        • Modifying a validated invoice
        • Cancelling an invoice
        • Refunding part of an invoice
    • Customer Payments
      • What are the different ways to record a payment?
        • Paying an invoice
        • Payments not tied to an invoice
          • Registering a payment
          • Reconciling invoice payments
          • Reconciling all your outstanding payments and invoices
        • Transferring money from one bank account to another
      • How to register credit card payments on invoices?
        • Option 1: Undeposited Funds
          • Configuration
          • From credit card payments to bank statements
        • Option 2: One journal entry only
          • Configuration
          • From credit card payments to bank statements
      • How to register customer payments by checks?
        • Option 1: Undeposited Funds
          • Configuration
          • From check payments to bank statements
        • Option 2: One journal entry only
          • Configuration
          • From check payments to bank statements
      • Get paid with SEPA
        • Configuration
        • Get paid with SEPA
          • Direct Debit Mandates
          • Customer Invoices
          • Generate SDD Files
          • Close or revoke a mandate
      • Follow-up on invoices and get paid faster
        • Manage your follow-ups
        • Send reminders in batch
        • Plan a follow-up process
  • Account Payables
    • Vendor Bills
      • How to manage vendor Bills?
        • Configuration
          • Installing the Purchase and Inventory applications
          • Creating products
        • Managing your Vendor Bills
          • Purchasing products or services
          • Receiving Products
          • Managing Vendor Bills
        • Vendor Bill Matching
          • What to do if your vendor bill does not match what you received
          • How product quantities are managed
          • Batch Billing
      • When should I use supplier bills or purchase receipts?
        • Configuration
        • Register a receipt
    • Vendor Payments
      • Pay with SEPA
        • Configuration
          • Install the required module
          • Activate SEPA payment methods on banks
        • Pay with SEPA
          • Register your payments
          • Generate SEPA files
        • Troubleshooting
          • The bank refuses my SEPA file
          • There is no Bank Identifier Code recorded for bank account …
      • Pay by Checks
        • Configuration
          • Install the required module
          • Activate checks payment methods
        • Compatible check stationery for printing checks
          • United States
        • Pay a supplier bill with a check
          • Register a payment by check
          • Print checks
          • Reconcile Bank Statements
        • Pay anything with a check
      • How to pay several bills at once?
        • Pay multiple bills with one payment
          • Record several payments
          • Pay supplier bills, one after the other
          • Pay several bills altogether
          • Record the payment, reconcile afterwards
        • Partial payments of several supplier bills
          • How to pay several supplier bills having cash discounts at once?
    • Miscellaneous
      • How to forecast future bills to pay?
        • Configuration: payment terms
        • Forecast bills to pay with the Aged Payables report
        • Select bills to pay
      • How to keep track of employee expenses?
        • Configuration
        • The expenses workflow
          • Record a new expense
          • Validation by the manager
          • Control by the accountant
          • Reinvoice expenses to customers
          • Reimburse the employee
        • Miscellaneous
          • Expenses that are not reinvoiced to customers
  • Bank & Cash
    • Setup
      • How to setup a new bank account?
        • Edit a bank account
        • Create a bank account
        • Delete a bank account or credit card account
      • How to manage a cash register?
        • Configuration
        • Usage
          • How to register cash payments?
          • Put money in
          • Take money out
      • How to manage a bank in a foreign currency?
        • Configuration
          • Activate the multi-currency feature
          • Configure currencies
          • Create a new bank account
        • Example: A vendor bill in a foreign currency
        • Customers Statements
    • Bank Feeds
      • How to synchronize Odoo with your bank?
        • Configuration
          • Odoo Online Users
          • Odoo Enterprise Users
        • Sync your bank feeds
        • FAQ
          • The synchronization is not working in real time, is it normal?
          • Is the Yodlee feature included in my contract?
          • Some banks have a status “Beta”, what does it mean?
          • All my past transactions are not in Odoo, why?
      • Import OFX statement files
        • Configuration
        • Importing OFX files
      • Import QIF statement files
        • Configuration
        • Importing QIF files
      • Import Coda statement files (Belgium only)
        • Configuration
          • Install the CODA feature
          • Import your first CODA file
        • Importing CODA files
      • How to synchronize your PayPal account with Odoo?
        • Configuration
          • Install the account_yodlee module
          • Setup your PayPal account
      • Register bank statements manually
        • Overview
        • Configuration
        • Register bank statements manually
          • Create your Bank Statements
          • Reconcile your Bank Statements
          • Close Bank Statements from the reconciliation
          • Close Bank Statements
    • Miscellaneous
      • How to manage batch deposits of checks?
        • Configuration
          • Install the batch deposit feature
          • Activate the feature on your bank accounts
        • From checks received to the bank
          • Receive customer checks
          • Prepare a batch deposit
          • Reconciling the Deposit with the Bank Statement
        • Troubleshooting
          • I don’t see the batch deposit link on bank statements?
          • What happens if a check was refused?
      • How to do a bank wire transfer from one bank to another?
        • Configuration
          • Check your Chart of Accounts and default transfer account
          • Create a second bank account / Journal
        • Register an internal transfer from one bank to another.
          • Log an internal transfer
          • Import bank statements and reconcile
    • Bank Reconciliation
      • Use cases in the bank reconciliation process?
        • Overview
        • Configuration
        • Use cases
          • Case 1: Payments registration
          • Case 2: Bank statements reconciliations
      • Configure model of entries
        • Overview
        • Create Reconciliation Models
        • Register your payments based on a reconciliation model
  • Others
    • Configuration
      • What is an account type and how do I configure it?
        • What is an account type ?
        • Which are the account types in Odoo ?
        • How do I configure my accounts?
      • Manage Fiscal Years
    • Analytic
      • Analytic account use cases
        • Case 1: Industrial company: Costs Analyse
        • Case 2: Law Firm: costs of human resources?
        • Case 3: IT Services Company: performance analysis
        • Conclusion
      • How to track costs of human resources with timesheets?
        • Configuration
          • Create an employee
          • Issue a Sales Order
          • Fill in timesheet
          • Analytic accounting
            • Without filters
            • With filters
      • How to track costs of purchases, expenses, subcontracting?
        • Overview
        • Configuration
          • Enable Analytical accounting
        • Create an Analytical account.
        • Record an expense
          • Create an expense product
          • Book the expense
        • Create a Purchase Order linked to the analytical account
          • Purchase Product
          • Subcontracting
        • Track costs in accounting
    • Taxes
      • How to create new taxes
        • Advanced configuration
      • How to set default taxes
      • How to adapt taxes to my customer status or localization
        • Create tax mapping
        • Adapt taxes to your customer status
        • Adapt taxes to your customer address (destination-based)
        • Specific use cases
      • How to get correct tax rates in the United States using TaxCloud
        • Configuration
          • In TaxCloud
          • In Odoo
        • How it works
      • How to set tax-included prices
        • Show tax-included prices in eCommerce catalog
      • How to manage withholding taxes?
        • Configuration
        • Applying retention taxes on invoices
      • How to manage prices for B2B (tax excluded) and B2C (tax included)?
        • Configuration
          • Introduction
          • Setting your products
          • Setting the B2C fiscal position
        • Test by creating a quotation
        • Avoid changing every sale order
      • How to manage cash basis taxes
        • How to configure cash basis taxes ?
        • What is the impact of cash basis taxes in my accounting ?
    • Adviser
      • Manage your fixed assets
        • Configuration
          • Install the Asset module
          • Defining Asset Types
        • Create assets manually
        • Create assets automatically from a supplier bill
        • How to depreciate an asset?
        • How to modify an existing asset?
        • How to record the sale or disposal of an asset?
      • How to do a year end in Odoo? (close a fiscal year)
        • Year-end checklist
        • Closing the fiscal year
      • How to manage a financial budget?
        • Overview
        • Configuration
          • Budgetary Positions
          • Analytical account
        • Set a budget
        • Check your budget
      • Reverse an accounting entry automatically
    • Multicurrency
      • How is Odoo’s multi-currency working?
        • Overview
        • Configuration
          • Turn on multi-currency
          • Exchange Rate Journal
          • View or edit rate being used
          • Live Currency Rate
          • Configure your charts of account
          • Configure your journals
        • How is Odoo’s multi-currency working?
          • Sales Orders and Invoices
          • Purchases orders and Vendor Bills
          • Payment Registrations
          • Bank Statements
          • Exchange Rate Journal
      • How to manage invoices & payment in multiple currencies?
        • Overview
        • Configuration
          • Enable Multi-Currency
          • Configure your journal
        • Multi-currency invoices & Vendor Bills
          • Invoices
          • Vendor Bills
        • Multi-currency Payments
        • Multi- Currency Bank Statements
        • Exchange Rate Journal
      • Record exchange rates at payments
        • Overview
        • Configuration
          • Enable multi-currencies
          • Configure your journal
        • Record a payment in a different currency
        • Record a bank statement in a different currency
        • Check the exchange rate differences
    • Reporting
      • What are the main reports available?
        • Balance Sheet
        • Profit and Loss
        • Chart of account
        • Executive Summary
        • General Ledger
        • Aged Payable
        • Aged Receivable
        • Cash Flow Statement
        • Tax Report
        • Bank Reconciliation
      • How to create a customized reports with your own formulas?
        • Overview
        • Activate the developer mode
        • Create your financial report
        • Add lines in your custom reports
    • Inventory
      • Impact on the average price valuation when returning goods
        • Definition of average cost
          • Defining the purchase price
        • Average cost example
        • Purchase return use case
          • Explanation: counter example
          • Further thoughts on anglo saxon mode
      • How to do an inventory valuation? (Continental Accounting)
        • Costing Method
        • Periodic Inventory Valuation
        • Perpetual Inventory Valuation
      • How to do an inventory valuation? (Anglo-Saxon Accounting)
        • Costing Method
        • Periodic Inventory Valuation
        • Perpetual Inventory Valuation
  • Localizations
    • France
      • FEC
      • French Accounting Reports
      • Get the VAT anti-fraud certification with Odoo
        • Is my company required to use an anti-fraud software?
        • Get certified with Odoo
        • Anti-fraud features
          • Inalterability
          • Security
          • Storage
        • Responsibilities
        • More Information
    • Germany
      • German Chart of Accounts
      • German Accounting Reports
      • Export from Odoo to Datev
    • Mexico
      • Introduction
      • Configuration
        • 1. Install the Mexican Accounting Localization
        • 2. Electronic Invoices (CDFI 3.2 and 3.3 format)
        • 3. Set you legal information in the company
        • 4. Set the proper “Fiscal Position” on the partner that represent the company
        • 5. Enabling CFDI Version 3.3
          • Important considerations when yo enable the CFDI 3.3
        • 6. Configure the PAC in order to sign properly the invoices
        • 7. Configure the tag in sales taxes
      • Usage and testing
        • Invoicing
        • Cancelling invoices
        • Payments (Just available for CFDI 3.3)
        • Accounting
          • Electronic Accounting (Requires Accounting App)
        • Electronic Chart of account CoA
        • Electronic Trial Balance
          • DIOT Report (Requires Accounting App)
          • Important considerations on your Supplier and Invice data for the DIOT
      • Extra Recommended features
        • Contact Module (Free)
        • Multi currency (Requires Accounting App)
        • Enabling Explicit errors on the CFDI using the XSD local validator (CFDI 3.3)
      • FAQ
    • Netherlands
      • XAF Export
      • Dutch Accounting Reports
    • Spain
      • Spanish Chart of Accounts
      • Spanish Accounting Reports
    • Switzerland
      • ISR (In-payment Slip with Reference number)
      • Currency Rate Live Update
      • Updated VAT for January 2018
        • How to update your taxes in Odoo Enterprise (SaaS or On Premise)?
    • Colombia
      • Introduction
      • Workflow
      • Configuration
        • 1. Install the Colombian localization modules
        • 2. Configure credentials for Carvajal T&S web service
        • 3. Configure your report data
        • 4. Configure data required in the XML
          • 4.1 Partner
            • 4.1.1 Identification
            • 4.1.2 Fiscal structure (RUT)
          • 4.2 Taxes
          • 4.3 Journals
          • 4.4 Users
      • Usage and testing
        • 1. Invoice
          • 1.1 Invoice creation
          • 1.2 Invoice validation
          • 1.3 Reception of legal XML and PDF
          • 1.4 Common errors
        • 2. Additional use cases
    • Colombia (ES)
      • Introducción
        • Flujo General
      • Configuración
        • 1. Instalación de los módulos de Localización Colombiana
          • 2. Configuración de las credenciales del Servicio Web de Carvajal T&S
        • 3. Configuración de Información para PDF
        • 4. Configuración de los Datos Principales Requeridos en el XML
          • 4.1 Contacto (Tercero)
          • 4.1.1 Identificación
          • 4.1.2 Estructura Fiscal (RUT)
        • 4.2 Impuestos
        • 4.3 Diarios
        • 4.4 Usuarios
      • Uso y Pruebas
        • Facturas
          • 1. Invoice Creation
          • 1. Invoice Validation
          • 1. Recepción del XML y PDF Legal
          • 1. Errores Frecuentes
        • Casos de Uso adicionales
    • Italy (IT)
      • Configurare le informazioni sulla tua Azienda
        • 1. Configurare le impostazioni per la Fatturazione Elettronica
        • 1. Configurare il profilo dei clienti
      • Il processo di fatturazione
• Expenses
  • How to set expense types
  • How to record expenses
    • Manually
    • In one click from emails
  • How to submit expenses to managers
  • How to approve expenses
  • How to post expenses in accounting
  • How to reimburse employees
  • How to re-invoice expenses to your customers
    • Setup
    • Create an order
    • Submit, validate and post expenses
    • Invoice expenses