Odoo Course: Purchases, Sales, Inventory, and Accounting

Odoo: Purchases, Sales, Inventory with Accounting modules

Know the Revenue on every Invoice to the client tracking Inventory Lots

Created by : Rated :4.5 87188 views

Last Updated: 2024-11-20 04:11:24 English Course Type: Self Learning

Get revenues and cost control using ODOO business modules

Earning on every sale is the main goal of every business. This course will guide you to configure ODOO to keep tracking of every Purchase Order and the cost paid for products to Providers. Inventory configuration to control the entries by Purchases and exits by Sales Order with a unique Lot id. This control keeps track of cost and quality control of the products. The account system uses perpetual inventory for better cost control.

The purchases and sales generate five accounting movements each one. The course explains these movements step by step.

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Business and IT professionals that need to implement business Odoo

Section 1 : Introduction 1 Lectures 00:19:25
Lecture 1 :
Introduction Preview
Section 2 : Odoo Business Cycle 1 Lectures 00:19:33
Lecture 1 :
Purchases, Inventory, Sales, and Accounting
Odoo Business Cycle Purchases, Inventory, Sales, and Accounting Odoo Business Cycle: Understand the accounting movements involved in Purchases and Sales to keep the Costs and Inventory updated. Payments records in Accounting and Bank-Cash for Accounts receivable and payable.
Section 3 : Odoo Purchase Accounting Movements 1 Lectures 00:22:08
Lecture 1 :
Odoo Purchase Accounting Movements
Odoo Purchase Accounting Movements Odoo Purchase Accounting Movements: Five accounting movements Purchase Order products reception: Two accounting valorization movements. Purchase Order Invoice to Provider: Saves the cost of products using the valuation method and records the credit TAX positive to the company.
Section 4 : Sales Accounting Movements 1 Lectures 00:16:11
Lecture 1 :
Sales Accounting Movements
Sales Accounting Movements Odoo Sales Accounting Movements: Five accounting movements Sales Order products dispatch to clients:Â Two accounting valorization movements. Sales Order Invoice to Client:Â Saves the cost of products using the valuation method and records the credit TAX positive to the company. Also keeps track of the LOT used to dispatch the products. Key to calculate the real revenue.Â The Lot saves the cost payed for the product on every Purchase Order.
Section 5 : Inventory Cost revaluation methods 1 Lectures 00:18:33
Lecture 1 :
Inventory Cost revaluation methods
Inventory Cost revaluation methods FIFO, LIFO and average methods of Inventory revaluation. The purchase order cost from Provider changes depends on the market conditions. The inventory valuation depends on the used method. Fifo(First In-FirstOut) keeps the same cost during a long time and does not adapt to the market conditions.Â Â The cost from the Provider could rise, but the Inventory cost remains the same affecting the capacity to buy again the same product. LIFO (Last In-First Out) updates the cost on every change adapting to the market conditions. Average recalculates the cost after every change, reflecting a more realistic cost of all the inventory. The lot information of every dispatch is key to trace the cost and quality of the original Purchase Order.
Section 6 : Purchase Module 3 Lectures 00:53:00
Lecture 1 :
Purchase Module Part One:
Odoo Purchase Module: Purchase Order to Provider, Product entry in Inventory and payment to accounts payable. Every Purchase must keep records of cost to have exact information of revenue for every Invoice.Â Lots tracking for every Purchase Order and dispatch of Products for every Invoice is a key factor for cost and quality tracking.
Lecture 2 :
Purchase Module Part Two
Odoo Purchase Module: Purchase Order to Provider, Product entry in Inventory and payment to accounts payable. Every Purchase must keep records of cost to have exact information of revenue for every Invoice.Â Lots tracking for every Purchase Order and dispatch of Products for every Invoice is a key factor for cost and quality tracking.
Lecture 3 :
Purchase Module Part Three
Odoo Purchase Module: Purchase Order to Provider, Product entry in Inventory and payment to accounts payable. Every Purchase must keep records of cost to have exact information of revenue for every Invoice.Â Lots tracking for every Purchase Order and dispatch of Products for every Invoice is a key factor for cost and quality tracking.
Section 7 : Sales Module 1 Lectures 00:16:07
Lecture 1 :
Sales Module
Sales Accounting Module: Sales request to dispatch products and Invoice emission to client. Every dispatch of products to clients keep tracking of the Inventory lot used.Â This has two purposes: a) Cost tracking to Purchase Order. b) Quality control The Sale generates five accounting movements.Â Also, the tax to pay to the government.
Section 8 : Inventory module 1 Lectures 00:10:55
Lecture 1 :
Inventory module
Inventory Module Inventory Module:Â Movements and Accounting after every Purchase and Sale The Inventory keeps information on cost and Purchase Order in LOTS.Â Traceability for every Invoice to the cost of Purchase Order is important for revenue calculation and quality control.
Section 9 : Accounting Module 1 Lectures 00:10:14
Lecture 1 :
Accounting Module
Purchase and Sales, Bank-Cash and Accounts receivable and payable. Purchase and Sales five accounting movements respectively. Payments thru banks and cash to and from accounts payable and receivable.
Section 10 : Accounting Reports 1 Lectures 00:08:54
Lecture 1 :
Accounting Reports
-General Balance -Profit and Loss -Cashflow
Section 11 : Files for traceability of every LOT to Sales Order and Invoice 1 Lectures 00:05:52
Lecture 1 :
Files for traceability of every LOT to Sales Order and Invoice
To get information about exact revenue for every Invoice it is necessary to build traceability back to the original Purchase Order. This information is kept in Lots by Odoo. In this lesson, you will learn the reports to generate to get this information.

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