When setting up a production system for your company, you will want to take the time to properly define your accounting requirements. In this course, we will learn how to configure accounting in Odoo, covering the following topics:
- Enabling the user to see all accounting features
- Installing a country specific localization module (Chart of accounts and fiscal positions for each country)
- Examining the chart of accounts
- Learning how the other applications create transactions in accounting
- Adding new custom accounts
- Configuring fiscal years and periods
- A quick overview of the available accounting reports
- How journals get created according to the various transactions in Odoo
- Creating your own journal entries
- Reconciling journals
- Canceling transactions
- Closing the fiscal year and creating the reports
- Analytical accounting in Odoo:
- Cost/profit centers
- Setup analytical accounts and tags
- Learning how to filter reports in analytical accounting