Community mailing list archives

community@mail.odoo.com

Re: Recognition of project expenses in Odoo

by
Eficent Business and IT Consulting Services, S.L.
- 11/03/2014 12:05:05

2014-11-03 17:52 GMT+01:00 Humberto Arocha <hbto@vauxoo.com>:

Only is that accounting people have to be aware not to double-compute expenses, because they have to do either at invoicing or picking,

If you approve the invoice without a material move, the Product Expense account is debited and the Stock Output is credited. Since both are expense accounts, the balance is zero at an aggregated Expenses account level. 

Only when you enter the stock move the will the P&L reflect an Expense at the aggregated level.

If you create a stock move to the Customer and do not create an invoice (perhaps because it is a product that you are not planning to directly sell to the customer, but use within the project), the Stock Output account is debited, and the expense to the project is still recognized.

Thanks for your feedback.

Regards,
Jordi.






 

On Nov 3, 2014 12:15 PM, "Humberto Arocha" <hbto@vauxoo.com> wrote:

Hello  Jordi,

I have faced the same issue that you have, And we at Vauxoo managed to solve the problem in a way that resemble your solution,

+1 for sharing your knowledge

Best regards

On Nov 3, 2014 10:33 AM, "Jordi Ballester Alomar" <jordi.ballester@eficent.com> wrote:
Dear community members,

I am currently working on the topic of cost management for large projects using Odoo, and one of the main topics is the recognition of expenses and revenues associated to long-term projects.

I identified a possible gap in Odoo v7 related to the accuracy and timing for the recognition of expenses for projects, but I would like to share with you my findings in order to validate my assumptions. 

If this topic is of your interest, you can review the blog post that I carefully prepared: http://www.eficent.com/openerp_en/recognition-of-project-expenses-in-odoo/

I would appreciate your feedback, either in the same blog or answering to this mail.

Regards,

--

Jordi Ballester Alomar


Tel: (+34) 629530707 

E-mail: jordi.ballester@eficent.com  |   Web: http://www.eficent.com

Twitter: @jbeficent_erp                              |   Skype: jordi.ballester



Este email contiene información confidencial. El contenido de la misma se encuentra protegido por Ley. Cualquier persona distinta a su destinatario tiene prohibida su reproducción, uso, divulgación o impresión total o parcial. Si ha recibido este mensaje por error, notifíquelo de inmediato al remitente y borre el mensaje original junto con los ficheros anexos.

This message contains confidential information and it is intended only for the individual named. If you are not the named addressee, you should not disseminate, distribute or copy this email. Please notify the sender immediately by email if you have received this email by mistake and delete it from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

 


 

_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-59
Post to: mailto:community@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe

_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-59
Post to: mailto:community@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe




--

Jordi Ballester Alomar


Tel: (+34) 629530707 

E-mail: jordi.ballester@eficent.com  |   Web: http://www.eficent.com

Twitter: @jbeficent_erp                              |   Skype: jordi.ballester



Este email contiene información confidencial. El contenido de la misma se encuentra protegido por Ley. Cualquier persona distinta a su destinatario tiene prohibida su reproducción, uso, divulgación o impresión total o parcial. Si ha recibido este mensaje por error, notifíquelo de inmediato al remitente y borre el mensaje original junto con los ficheros anexos.

This message contains confidential information and it is intended only for the individual named. If you are not the named addressee, you should not disseminate, distribute or copy this email. Please notify the sender immediately by email if you have received this email by mistake and delete it from your system. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.