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'm evaluating OpenERP as a replacement to my companies current ERP solution, but cannot see an obvious answer to one key issue.
We are a professional services company operating in multiple territories, hence require a multi-company model - all boxes ticked so far.
Our employees often work on client projects for other internal-companies than their "base" company. For this purpose we record two project rates - the "internal" cost rate (cost applied to the "foreign" internal-company) and the "external" rate (cost applied to the client).
When revenue is recognized, the "foreign" company earns the internal cost rate, and the base company earns the difference between the internal cost rate and the external cost rate.
An exhaustive answer is not required, rather, is this scenario achievable with OpenERP?
Hi Neil - I don't know if this is still an issue for you or if you have found the answer.
In short form - yes, this is possible.
The long answer could be in the level of complexity you're willing to accept. The positive aspect is that there are a few ways you could do this.
The system allows you to track via analytic accounts which could be tracked by each separate internal subsidiary that operates outside of your primary companies books. You could also use a virtual chart of accounts to track the cost/revenue ratio of the employees so that you would be able to facilitate the conversion from one currency to the other. If you are operating these companies as additional Odoo companies, this could be relatively easy, if you have the accounting staff to support the reconciliation process of this.
The link to help explain analytics (plus virtual analytic accounts) is here: https://doc.odoo.com/book/3/3_9/chart_of_accounts/#virtual-charts-of-accounts
Additionally, if you are wanting to utilize salary rules associated to contracts (which will allow you to create accounting entries based on project work) you can read more about the HR-type implementation here: https://doc.odoo.com/book/4/4_11_HR/4_11_HR_payroll/
And lastly this link provides decent case studies (minus your currency variable requirements) if how to see business use scenarios of different analytic/accounting requirements across business segments and cost-centers: https://doc.odoo.com/book/4/4_10_Accounts/4_10_Accounts_analytic_chart/
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|Asked: 6/4/14, 2:53 AM|
|Seen: 1404 times|
|Last updated: 3/16/15, 8:10 AM|