Accounting Features in Odoo 14
Odoo 14 presents a full range of accounting functionalities aimed at simplifying financial management across different sizes of enterprises. Through its ease of use, Odoo makes invoicing, billing, and financial reporting less complicated, and companies can better keep tabs on their finances. Major functionalities include real-time financial reporting, bank auto-sync, multi-currency capabilities, and tax handling, making it easy for firms to manage intricate accounting operations.
Odoo 14 also aligns seamlessly with other business modules, including sales and inventory, to give you an all-around system for managing finances. Whether you're a large corporation or small business, Odoo 14's accounting ensures accuracy, compliance, and efficiency, ultimately increasing productivity and decision-making.
Invoice List View
Odoo 14’s Invoice List View lets users easily see and manage all invoices in one place. It shows important details like invoice status, due dates, and amounts, making it simpler to keep track of financial transactions.
Fee forms 281.50 for European Companies
Odoo 14 now provides PDF as well as Excel format for fee forms 281.50
Company should be defined for European countries and Accounts or Contacts should be defined with Tag 281.50 to access this feature.
Invoice Paid Ribbon is renamed with In Payment label now
When an Invoice will be paid then at that time Instead of Paid now Invoice Ribbon is renamed with In Payment label here.
Create Automatic Entries for selected Journal Items
Now here when different Journal Items are generated from Invoice generation in Odoo then directly from there we will be able to generate automatic entries for selected journal items.
All we have to do here is select Recognition Date, set Adjusting Amount and select related Journal.
The immense capability of Odoo ERP system is that it’s available to deploy on your own private network or on Cloud and can be easily used in web browser to do the job.
For more information visit: Installation and to consult Synconics Group as your Odoo ERP implementation partner, please mail us on contact@synconics.com