Odoo is the world's easiest all-in-one management software. It includes hundreds of business apps:
CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
I would like to setup Accounting as follow to get Gross Profit
Profit and Loss
- Product Sales
Cost Of Sales
- Opening Stock - Purchases * Raw Mat 1 * Raw Mat 2 - Closing Stock
=> Opening stock is a value of stock from previous month/period
=> Closing stock is a value of stock from current month (after closing)
Gross Profit = Revenue - ( Opening Stock + Purchases - Closing Stock)
I have no issue with Revenue, Purchases BUT still cannot set the opening stock and closing stock ( because I think much related with inventory).
Anyone have some ideas since I'm not well versed in accounting.
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
This platform is for beginners and experts willing to share their Odoo knowledge. It's not a forum to discuss ideas, but a knowledge base of questions and their answers.Register
Odoo Training Center
Access to our E-learning platform and experience all Odoo Apps through learning videos, exercises and Quizz.Test it now
|Asked: 6/24/13, 5:29 AM|
|Seen: 1119 times|
|Last updated: 3/16/15, 8:10 AM|