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Does odoo reporting(Accounting reports PL, BS, TB) suitable for indian accounting?

on 2/5/15, 1:13 AM 1,687 views

I am facing many problems with my accounting manager because of some issues in odoo-7.

1. My manager said three reports profit and loss, balance sheet, trial balance reports are not suitable to indian accounting.

Reason: My financial year: 2014-01-01 to 2014-12-31. When i take the reports from 2014-01-01 to any date in this year, it's giving the reports perfectly. But when i take the reports from 2014-02-01 to any date in this year, it's not considering the remaining balnces of accounts in first month. It's considering only the transactions from 2014-02-01.

For example take an account AR : the remaining balace of AR account up to 2014-01-31 is $4000. When i take the balance sheet from 2014-02-01, as per indian accounting(correct me if i am wrong) this $4000 amount also should consider. But odoo-7 not considering this amount.


2. Does it possible to take these three reports across financial years?. i.e i have two financial years 2014-01-01 to 2014-12-31 and 2015-01-01 to 2015-12-31. Does odoo gives right values when i take the report from 2014-01-01 to 2015-12-31?

3.Bank reconciliation: Main problem with bank reconciliation is check entries. When i give a check to a client, I am making one bank statement and confirming it. How can i reconcile this check entry with actual banckstatement when it is cleared in bank?

4. Payment process: When i goto customer payment or supplier payment. I can pay for an invoce. But the process of adding bank charges and other charges not that much flexible.

Hi Community, if you feel these are really issues. Can you add this issues in Accounting roadmap?


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Asked: 2/5/15, 1:13 AM
Seen: 1687 times
Last updated: 3/19/17, 10:18 AM