Community mailing list archives
Re: Accounting Roadmap V9by
I talked to yodlee originally but their pricing was high. I ended up building a working connector to Intuit's competing service but ditched it for plaid because I liked the webhook and the additional data they get from the banks.
We've also built a module for lob.com which mails out checks.
Additionally we've built very deep integration with the credit card processor Bluepay for automatically reconciling invoices from bank deposits. A single deposit could be for multiple invoices. It does the API calls, retrieves the data and imports those customer invoices into the bank statement and deletes the original bank line so the bank statement still balances.
For direct deposit there are a few other API services I looked into, we haven't built anything yet though. I'll look through my notes and post who the companies were that were the most flexible with the best pricing.
Hi Chris,Yodlee is kind of the defacto provider that most use for basic level of integration. It runs at about US$10k per year and is pretty good, I have financial accounts in a few countries and it picks them all up, although it is a one way integration largely for bank feeds. Openbankproject is another. Plaid is another. aqbank in Germany I think is another but more advanced. But true integration is not just downloading statements, it needs to include making payments as well, recurring transactions, direct debit setups etc which is the level Fabien indicates when referring to Xero..On Fri, Oct 10, 2014 at 1:46 PM, Chris Jones <firstname.lastname@example.org> wrote:
I've built integration with plaid.com already, they have an API for downloading bank records from the largest US banks. Plaid is still in beta but it's working well for Wells Fargo.
They push an update to a webhook we have multiple times per day. We them grab the records and push to the client OpenERP system (account.bank.statement) through xml-rpc.On Oct 9, 2014 4:48 PM, "Franz Bautista" <email@example.com> wrote:I agree that the current accounting should be retained. Simple accounting may have its benefits but most clients we have have their own " complicated" chart of accounts.An option still has to be available for higher level finance packages. Here in the Philippines the government looks at the nitty gritty as well as the terminology which differs per industry for tax reasons. Tks.-------- Original message --------From: Pawel Kostrzewa <firstname.lastname@example.org>Date:10/10/2014 6:27 AM (GMT+08:00)To: Community <email@example.com>Cc:Subject: Re: Accounting Roadmap V9Hi,My 2 cents. Please don't kill Odoo accounting. We devleop cash flow forecast management now, its complicated, and you will kill ERP accounting features? Increase functionalities and maybe split features - micro companies accounting and full erp features, then you have two products - for "small business" like xero and full featured ERP system.Luck of payment order? Thats creazy! COA? Its a must in SME. I disagree. XERO.com? Sorry thats for small business. There are many apps for small business, localized to local fiscal requirements. I mean people from camp2camp, elico disagree and others from OCA too2014-10-09 22:52 GMT+02:00 <Kevin.McMenamin@solnet.co.nz>:
Odoo need to decide if they are building a simple small business accounting package (which is what Xero is) or an ERP accounting package foe small-medium sized businesses with complex requirements.
If it is the former, then why would someone choose Odoo when they can just have Xero?
Issues that worry me:
1. Loss of the COA hierarchy. We keep the heirarchy but have also built a tree view for GL transactions with all the grouping/filtering that users required - that way we have the best of both worlds.
2. Payment orders - in any business of any size, payment of supplier invoices is NOT done by opening an invoice and marking for payment.
3. Banking flow - hourly integration is not required. In practice, the accounts person comes in in the morning, downloads the bank statement and processes. What is important is that the bank statement process is efficient, so
- integration with payment orders created for payments
- auto-population of GL coding for such things as direct debits/automatic payments
- ability to allocate customer receipts to outstanding transactions.
- write-off of small differences
- full multi-currency
We have already extended the standard functionality to meet business requirements and it is looking like if this goes ahead as is we will just run our own accounting system and not use standard functionality.
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From: Graeme Gellatly <firstname.lastname@example.org>
To: "Community" <email@example.com>,
Date: 10/10/2014 08:14 a.m.
Subject: Re: Accounting Roadmap V9
I am sure once they realize that analytics are a major popular feature of xero even at the microsmb level it will get changed. I guess they aren't that far through the manual yet because it makes no sense to say only xero features are priority, then 2 lines earlier say, major popular feature is not.
Best xero accounting feature is $49/month unlimited users.
On 10/10/2014 4:06 AM, "Lionel Sausin" <firstname.lastname@example.org> wrote:
I find the beginning of the document very worrying :
"(...) Not a priority:
I'm worried because our company is into manufacturing, and our accounting is so simple that we didn't even bother making it in Odoo - EBP compta does the job for ~200€.
BUT analytics and budgets are major features for us, the only ones we'll really use in Odoo's accounting.
So please, by all means do improve whatever you want on accounting, but do NOT remove any more existing features.
Le 09/10/2014 15:51, Graeme Gellatly a écrit :
<blockquote cite="mid:CAFmBtG3XKF9qrNGhmRqVF1ZLW+PibYcZpRMNeMm5cvBy1SDMGg@mail.gmail.com" type="cite">
Omg. You are taking your model from a 1-10 user accounting system with no concept of stock, no concept of anglosaxon, not even a concept of a sales order really and literally quoting their CEO verbatim while inserting screenshots of their product.
Dont get me wrong, i like xero, i use xero, i have written integrations between xero and openerp, in fact i own shares in xero, but this is either crazy or odoo is abandoning anybody subject to anything but a small business reporting standard.
I feel sorry for partners. I think you just got screwed but at least the direction is clear early.
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