Odoo ERP – Accounting and Invoicing Training

This training course is designed to provide participants with the knowledge and skills needed to effectively utilize Odoo ERP for accounting and invoicing purposes. Participants will learn fundamental accounting principles, master the Odoo platform, and understand how to leverage its accounting and invoicing modules to streamline business operations.

Key Learnings:

Understand fundamental accounting principles and how they apply to Odoo ERP.
Be proficient in configuring and managing accounting settings in Odoo.
Master the invoicing and payment processes within Odoo ERP.
Gain the skills to generate financial reports and perform analysis using Odoo’s reporting tools.

Course Content:

Module 1: Introduction to Odoo ERP

Lesson 1.1: Overview of Odoo ERP
- Introduction to Odoo as an integrated business management software
- Understanding the benefits of using Odoo ERP for accounting and invoicing
Lesson 1.2: Navigating the Odoo Interface
- Logging in to Odoo and accessing the dashboard
- Understanding the layout and navigation options

Module 2: Fundamentals of Accounting

Lesson 2.1: Basic Accounting Principles
- Understanding double-entry accounting
- Overview of assets, liabilities, equity, income, and expenses
Lesson 2.2: Financial Statements
- Introduction to balance sheets, income statements, and cash flow statements
- Analyzing financial data for decision-making

Module 3: Setting Up Accounting in Odoo

Lesson 3.1: Configuring Chart of Accounts
- Creating and customizing account charts
- Setting up account types and hierarchies
Lesson 3.2: Managing Taxes and Tax Agencies
- Setting up tax structures and rates
- Configuring tax agencies and tax rules in Odoo

Module 4: Invoicing and Payments in Odoo

Lesson 4.1: Creating and Sending Invoices
- Generating customer invoices
- Customizing invoice templates and layouts
- Sending invoices to customers via email or print
Lesson 4.2: Managing Payments and Receipts
- Recording customer payments
- Reconciling payments with invoices
- Generating payment reminders and statements

Module 5: Reporting and Analysis

Lesson 5.1: Financial Reporting
- Generating standard financial reports in Odoo (balance sheet, income statement, cash flow statement)
- Customizing reports to meet specific business requirements
Lesson 5.2: Performance Analysis
- Analyzing key financial ratios and metrics
- Identifying areas for improvement and growth

Module6: Sales tax