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 have set a POS to sell books(Odoo-v8.0). My case scenerio is as follows:
The assumption is that we have 6 different types of books. I create these, then enter the cost price and the selling price. I then go to Inventory adjustments and enter the initial quantities.
I am using the default template chart of accounts.
The Stock Input Account is configured as "Stock" - Created This
The Stock Output Account is configured as Cost of Goods Sold For all products.
Now , when i go to accounts, why is the stock valuation (From inventory) not posted to accounts?
I make a sale of two books and see very confusing movements...even in the chart of accounts...A post to debtors, despite the fact that it's a cash sale...then the sales shows a negative figure...-800...cost of sales.... 0. I had entered the Cost Price and the Sale price for the Items...Why this? Anyone will to guide me where i could be going wrong? I can port forward my IP on the router.
How do we go about the initial configuration...in the case where it is an existing business?
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|Asked: 11/11/14, 3:13 PM|
|Seen: 1174 times|
|Last updated: 2/3/16, 7:40 AM|