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  Last Updated: 2020-04-03 07:04:45  English   Course Type: Self Learning

Odoo: Purchases, Sales, Inventory with Accounting modules

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

Instructed by Quantic Statistics R spatial analysis

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What you'll learn?

  • Get revenues and cost control using ODOO business modules

Course Overview

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.

Pre-requisites

  • basic excel

Target Audience

  • Business and IT professionals that need to implement business Odoo
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Curriculum 13 Lectures

Section 1 : Introduction

  • Lecture 1 :

Section 2 : Odoo Business Cycle

  • 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

  • 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

  • Lecture 1 :
  • Sales Accounting Movements
    • Sales Accounting Movements Odoo Sales Accounting Movements: Five accounting movements Sales Order products dispatch to clients:  Two accounting valorization movements. Sales Order Invoice to Client:  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.  The Lot saves the cost payed for the product on every Purchase Order.

Section 5 : Inventory Cost revaluation methods

  • 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.   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

  • 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.  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.  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.  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

  • 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.  This has two purposes: a) Cost tracking to Purchase Order. b) Quality control The Sale generates five accounting movements.  Also, the tax to pay to the government.

Section 8 : Inventory module

  • Lecture 1 :
  • Inventory module
    • Inventory Module Inventory Module:  Movements and Accounting after every Purchase and Sale The Inventory keeps information on cost and Purchase Order in LOTS.  Traceability for every Invoice to the cost of Purchase Order is important for revenue calculation and quality control.

Section 9 : Accounting Module

  • 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

  • Lecture 1 :
  • Accounting Reports
    • -General Balance -Profit and Loss -Cashflow

Section 11 : Files for traceability of every LOT to Sales Order and Invoice

  • 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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Instructor Biography

Quantic Statistics R spatial analysis,

Process and quality control using statistics.  The data entry for data analysis is done with mobile software developed in house.  Expertise in Geographical Information Systems, Logistics and data acquisition with mobile and using Google Maps API.Cross platform development for Android, Windows Mobile and Iphone with HTML5 and JSONP with webservices and Database on the Cloud (PHP, MYSQL). 
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