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How to book a bank or cash transaction with a partner or investor, who are neither customer nor a vendor in odoo. Currently we have only options for creating payments with a customer or vendor.
Also how profit is calculated among different shareholders and dividend is shared among these share holders in odoo.
It would really be nice to be able to comment on answers but the forum won't let me due to karma...
I am having the same trouble now with reconciling various bank downloads to journal entries.
The journal entries are easy enough to create but the corresponding bank register transactions can't be reconciled without some type of accounting gymnastics. Frustratingly trying various solutions.
Such kind of transactions are not related to ERP functionality, but pure accounting transactions which must be posted manually in the general ledger by default. Please ask your accountant.
That means you are saying that we need to enter a direct journal entry. But when we do like that, we are not able to reconcile those entries, like a normal customer or vendor payment.
That is true, but as I said, such a functionality is not in the scope of an(y) ERP system software. However, it is possible to create a custom module for managing "investors" and calculate dividends, and once such dividends are defined, one could imagine to treat them like any other amounts payable using the default vendor ledger, the payment process could then be handled using the accounts payable functionality. But I'm not sure how this affects the balance sheet.
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