Book Image

Working with Odoo 11 - Third Edition

By : Greg Moss
Book Image

Working with Odoo 11 - Third Edition

By: Greg Moss

Overview of this book

Odoo is an all-in-one management software that offers an array of business applications, forming a complete suite of enterprise management applications. Odoo 11 comes with advances on usability, speed, and design. Working with Odoo 11 starts with how to set up Odoo, both online and on your own server. You’ll then configure the basic company settings required to quickly get your first Odoo system up and running. Later, you’ll explore customer relationship management in Odoo and its importance in a modern business environment. You'll then dive into purchasing applications with Odoo, learn some of the primary functionalities of ERP systems for manufacturing operations, and use analytic accounting to provide better reporting. After that, you'll learn how to work with Odoo for mobile, and finally, you will walk through the recent Odoo 11 features with respect to the community and enterprise edition, giving you a complete understanding of what Odoo can do for your business.
Table of Contents (18 chapters)

Configuring Accounting and Finance Options

One of the nice things about Odoo that is you can get up and running quickly, without having to spend a lot of time setting up complicated accounting and finance options. Odoo does a reasonable job of creating a basic chart of account structure as a starting point, helping you to get familiar with Odoo. When setting up a production system for your company, however, you will want to take the time to properly define your accounting requirements.

In this chapter, we will learn how to configure accounting in Odoo, covering the following topics:

  • Enabling the user to see all accounting features
  • 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
  • Creating journal entries
...