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Ray Carnes United States

--Ray Carnes--
21634
| 10 7 11
Greater Los Angeles, United States
--Ray Carnes--

Business Analyst

OpenERP 6.1, 7.0; Odoo 8.0, 9.0, 10.0, 11.0 and 12.0.

Completed Odoo Functional and Technical Training.

Functional Areas:

  • CRM/Sales

  • Inventory

  • Manufacturing

  • Accounting

  • Purchasing

Major Skills:

  • Business Process Reengineering

  • Efficiency Consulting

  • User Needs and GAP Analysis;

  • Functional and Technical Design;

  • Prototyping and Proof of Concepts;

  • Requirements Specifications;

  • Agile Implementation;

  • Data Migration;

  • Configuration & Customization (UI and code);

  • Integration - Odoo and non Odoo Applications and Services;

  • Training and Knowledge Transfer;

  • Go Live Support;

  • Helpdesk;

  • Version Upgrades and Migration.

  • Accounting Expert.

I have over 20 years of experience empowering and enabling users with enterprise information systems that make a real and measurable difference in their ability to proactively manage their businesses and organizations. 

I am a skilled Communicator and I only take the serious things seriously!

Ray Carnes United States
2/12/15, 1:49 PM

(Un)Reconcile in Odoo has several meanings.

WHEN APPLIED TO JOURNAL ENTRIES USED AS CORRECTIONS:

To ‘reconcile’ a journal entry is to match it with a cancelling entry.

WHEN APPLIED TO PAYMENTS:

To ‘unreconcile’ a payment is to unpost it, and to remove any relationship it may have with an invoice that is has been applied to.

WHEN APPLIED TO INVOICES AND PAYMENTS:

To ‘reconcile’ a payment to an invoice is simply to apply part or all of the payment balance to the invoice balance, reducing or closing the invoice.

Normally invoice/payment reconciliation is taken care of automatically.  If for example you recorded a payment before an invoice was created, you may need to manually reconcile the two (unless you record a $0 payment that applies the payment balance to the invoice balance).  The Accounting --> Periodic Processing --> Reconciliation menu takes care of this type of reconciliation.  

 

WHEN APPLIED TO BANK STATEMENTS:

To ‘reconcile’ a bank statement is to match it against the transactions in Odoo, potentially adding transactions like bank fees that won’t be in Odoo.

A better module to do bank reconcilation is at https://www.odoo.com/apps/modules/7.0/npg_bank_account_reconciliation/

The Accounting --> Bank and Cash --> Reconcile Bank Account and Statement menu is where you create a new bank statement.  It is very similar to how Quickbooks works.

 

To your specific question, it works as you expect. Your next question might be where in the specific workflow you are not seeing what you want to see.

1 Comment
Stephen Mate Canada
2/12/15, 2:31 PM

Ray, the description of the module "npg_bank_account_reconciliation" is interesting, however it may not be possible to install it on the V8 SaaS version.

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