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'd like to upload a picture of my sample trial balance to show the problem.
I've configured the inventory valuation to use anglo-saxon model + perpetual inventory costing. Everything works fine now and all calculations are correct. However:
#1 - There is no line shown as Net Operating Income #2 - Reported income is Negative Number (Understood, but would be better if it'd show a positive number) #3 - There is no retained earnings in Balance Sheet, how do I post income to this account and show it on the BS? #4 - PL is posted under Liabilities in Balance Sheet, there's no RE to transfer the balance to.
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
This platform is for beginners and experts willing to share their Odoo knowledge. It's not a forum to discuss ideas, but a knowledge base of questions and their answers.Register
Odoo Training Center
Access to our E-learning platform and experience all Odoo Apps through learning videos, exercises and Quizz.Test it now
|Asked: 12/19/13, 10:52 AM|
|Seen: 1440 times|
|Last updated: 3/16/15, 8:10 AM|