Odoo Help


Can I do a Purchase Order buying something that is marked as an Asset and thus creating an automatic posting to the GL?

on 6/23/14, 12:00 AM 1,295 views

Is there a way to enter a Purchase Order to buy an item not for-resale as it is an Asset (a piece of equipment used within the organization)?

On 6/24/14, 2:56 AM

In current version Odoo - NO. You need custom code.


Ray Carnes

--Ray Carnes--
| 9 7 9
Keyport, United States
--Ray Carnes--

Senior ERP Analyst

OpenERP 6.1, 7.0; Odoo 8.0, 9.0, 10.0 and 11.0.

Completed Odoo Functional and Technical Training.

Functional Areas:

  • CRM/Sales

  • Inventory

  • Manufacturing

  • Accounting

  • Purchasing

Major Skills:

  • Business Process Reengineering

  • Efficiency Consulting

  • User Needs and GAP Analysis;

  • Functional and Technical Design;

  • Prototyping and Proof of Concepts;

  • Requirements Specifications;

  • Agile Implementation;

  • Data Migration;

  • Configuration & Customization (UI and code);

  • Integration - Odoo and non Odoo Applications and Services;

  • Training and Knowledge Transfer;

  • Go Live Support;

  • Helpdesk;

  • Version Upgrades and Migration.

  • Accounting Expert.

I have over 20 years of experience empowering and enabling users with enterprise information systems that make a real and measurable difference in their ability to proactively manage their businesses and organizations. 

I am a skilled Communicator and I only take the serious things seriously!

Ray Carnes
On 6/25/14, 7:56 PM

OUT OF THE BOX (when properly configured), items ordered via Purchase Orders cause entries to post to the GL when:

(1) the stock enters the warehouse (if real time stock valuation is set).

CREDIT: Uninvoiced Received Goods (Inventory Clearing / Purchase Contra) Account

DEBIT:  Inventory (Asset) Account

(2) when the Invoice for the order is created and validated.

CREDIT: Accounts Payable

DEBIT: Uninvoiced Received Goods (Inventory Clearing / Purchase Contra) Account

How?   See http://ursainfosystems.com/homesite/webinar-us-accounting-on-openerp-7-0/

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.


Odoo Training Center

Access to our E-learning platform and experience all Odoo Apps through learning videos, exercises and Quizz.

Test it now

Question tools

1 follower(s)


Asked: 6/23/14, 12:00 AM
Seen: 1295 times
Last updated: 3/16/15, 8:10 AM