{"id":29,"date":"2021-04-29T07:59:17","date_gmt":"2021-04-29T07:59:17","guid":{"rendered":"https:\/\/store.ksolves.com\/blog-beta\/?p=29"},"modified":"2022-01-14T07:12:15","modified_gmt":"2022-01-14T07:12:15","slug":"new-features-of-odoo-14-accounting-9","status":"publish","type":"post","link":"https:\/\/store.ksolves.com\/blog\/odoo\/new-features-of-odoo-14-accounting-9","title":{"rendered":"New Features of Odoo 14 Accounting"},"content":{"rendered":"

When it comes to Odoo 14 Accounting, it is considered a vital aspect for any organization to meet various strands of finance in the organization. With the help of accounting, a company can earn a maximum profit for investment and future growth. This time, in version 14, Odoo has made remarkable changes that are integrating all the accounting modules in one place.<\/p>\n

Earlier, when Odoo was not popular, Accountants were hassled with lots of work and pressure because they had to compute billions of dollars with the lethargic apps and Softwares that were not integrated with the other modules. While working on rigid platforms, accountants and bookkeepers were looking for a smart platform where they could work tirelessly with easy shortcuts.<\/p>\n

Odoo: An Advantage for Accounting<\/h3>\n

Odoo is serving as a savior for the accounts departments of its users. As Odoo is considered one of the best open-source enterprise and resource planning software (ERP), it has benefitted most accounting users who are working day and night tirelessly without giving a break.<\/p>\n

As the new Odoo version has been released in 2020, it has started providing benefits to its users without any error. In short, users can efficiently work on Odoo without giving a thought to the errors because they are nearly not possible in the high-end Odoo platform. The new Odoo v14 is a user-friendly platform equipped with advanced features integrated with third-party payment gateways in the business with Odoo ERP.<\/p>\n

\"odoo<\/p>\n

IN THIS BLOG, WE WILL DISCUSS THE ODOO 14 ACCOUNTING<\/strong> MODULE AND ITS FEATURES TO HELP THE ORGANIZATION IN VARIOUS WAYS.<\/p>\n

Accounting Dashboard<\/h3>\n

The best thing about Odoo 14 accounting module is the vendors and advanced analytical reporting functionalities that make Odoo a user-friendly platform. With smart features like invoice operation, generation, bank integration, and vendor bill generation, users can efficiently conduct multiple operations to accelerate their productivity.<\/p>\n

Invoicing<\/strong><\/p>\n

\"odoo<\/p>\n

From the invoice window of the customer tab, the user can create invoices for multiple customers. After purchase, the user can easily bill the customer for the products. In the Odoo v14 accounting module, the invoicing functionality is wholly integrated with the POS in Odoo ERP.<\/p>\n

The user can easily view the invoices from the invoice window and conduct tasks on them with seamless integrations with other modules. In the invoice creation module, the user can easily view the customer\u2019s information to check the details. With the advancement in the invoice module, Odoo has created a benchmark for other ERPs.<\/p>\n

An easy way of Dealing with Multiple Currencies<\/strong><\/p>\n

Till this time, users have had multiple ways to deal with the numerous currency on Odoo ERP. The users could view, edit the currency rates, and automate the current currency calculation by syncing it with European Central Bank or set a default currency for an account in Chart of Accounts.<\/p>\n