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How does budget works in Odoo

By
Sandeep Kumar
on 9/8/15, 11:50 AM 1,488 views

How does Practical Amount and Theoretical amount updated in Budget.

Do you mean how to compare a budgeted amount for sales expenses vs your real or actual amount?

Santiago EV
on 9/8/15, 12:17 PM

Yes, I want to see my expense account vs the budgetted amount

Sandeep Kumar
on 9/24/15, 8:26 AM
0
Ray Carnes
On 4/15/17, 10:25 AM

Planned Amount is your budget estimate.

Practical Amount is the sum of actual expenses or revenues - what has happened so far.

Theoretical Amount is what COULD/SHOULD have happened so far (if all of your transactions were spread evenly over the period of the budget) - is it the Planned Amount divided by the duration (start and end date) to show you the projected amount - if you have a budget of $500 per year, you would see the Theoretical Amount increase each month by $500/12.

https://www.odoo.com/documentation/user/10.0/accounting/others/adviser/budget.html

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Asked: 9/8/15, 11:50 AM
Seen: 1488 times
Last updated: 4/16/17, 3:28 AM