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hi all, anyone can help me to understand better for using a budget? I have already created analytic account under different budgetary position(sale/purchase), give a planned amount there, system automatically provide theoretical amount based on my planned amount, then I created sale and purchase order by running full process(give corresponding analytic account, get paid and pay out). But when i go back to check my budget, nothing update there, still the data of planned amount and automated theoretical amount. My questions are,
What is theoretical amount? how i can define it, assume configure a percentage, but how and from where?
Is there a way I can get practical amount and relevant percentage on the sheet of budget after I finished the sales/purchase order?
3.If my above work way is not proper, anyone can let me know a good way to manage this kind of budget?
Hope my questions is clear, thank you very much for your help!
That is a good question. You can get overall general idea about budget from over here.Budget module consists theoretical amount and practical amount.Now the meaning og budget is an estimate of income and expenditure for a set period of time.Now I explain with example by openERP point of view. Suppose, you have planned some amount of
1000 expense for
10 days(Start Date:
2013-01-01 to End date:
And assume today's date is
2013-01-06 so starting from
2013-01-01 till today(
2013-01-06), the days are
6 so the
theoretical amount will be
6 is days elapsed till current date,
1000 is total budgetary amount and
10 is total budget days. And the
practical amount will the actual cost of project during that budget period for example if you make
purchase order of
5000 amount will be consider as a