Accounting & Finance
Demo video: Accounting & Finance
Odoo Community Edition hides or restricts a number of advanced Accounting features. This module restores key “accountant-grade” controls for Odoo CE users.
Key Features
Fiscal Year management Define fiscal years via Fiscal Years and let the system compute fiscal-year ranges based on fiscal year records.
Fiscal year ending settings Configure the fiscal year ending day/month in Accounting settings and validate the configuration automatically.
Manual Direct Entry tracking for journal entries Mark and filter manual journal entries (direct entries created from the Journal Entries menu) to improve internal control and audit traceability.
Posted Date (datetime) tracking Store the exact posted datetime when a journal entry is posted, and make it available on list/form views.
Lock Dates + Hard Lock, with a clear lock logic Manage lock dates per scope:
- Global Lock (Lock Everything)
- Sales Lock, Purchase Lock, Tax Lock
- Hard Lock (irreversible)
The effective lock applied to a journal is the latest (maximum) among the relevant lock dates.
Lock Date Exceptions (auditable temporary access) Allow Accounting Administrators to create Lock Date Exceptions:
- Per company, per lock area, optionally per user;
- Optional expiry datetime and mandatory reason for audit trail;
- Never overrides Hard Lock.
Accounting access roles aligned
- Basic Accounting User – read-only access for business operations
- Auditor – full accounting read-only access
- Accountant – operational accounting access
- Accounting Administrator – full configuration and control
Better analysis and navigation on journal entries * Add journal items count and “Large Entries” filter; * Add search helpers to quickly find entries by Account/Product.
Known Issues
To avoid conflicts, uninstall the Enterprise module “Account Accountant” if it is installed.
Supported Editions
- Community Edition
Installation
- Navigate to Apps.
- Search with keyword to_account_accountant.
- Press Install.
Instructions
Instruction video: Accounting & Finance
Configure user access rights
Add new user access rights in accordance with the different accounting roles in a business:
- Auditor - Readonly;
- Accountant;
- Administrator.
Usage
Example: A process of goods purchase > receive goods in warehouse > sell goods (delivering and invoicing), review newly created journal entries applying the Anglo-Saxon Accounting.
- Step 1: To have the above workflow up and running, other than the to_account_accountant module, you need to install the following software:
- Step 2: Configure the product category and create a new product.
- Step 3: Create a purchase order and receive products at the warehouse.
- Step 4: Create vendor bill and review accounting information.
- Step 5: Create a sales quotation, sales order and deliver products.
- Step 6: Create a customer invoice and check accounting information.
Other features
- Recognize manual journal entries.
- Attach documents on each bank statement record, payment, and journal entry in the system.
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one).
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The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
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