Accounting · Odoo glossary

Collections Management

Collections management organizes actions to recover customer debts, including reminders, responsible owners, dispute handling and escalation.

Definition

In general ERP practice

Collections management organizes actions to recover customer debts, including reminders, responsible owners, dispute handling and escalation. It works with open balances rather than sales forecasts.

In Odoo

Odoo’s invoice follow-up uses levels based on overdue days, with configurable reminders and activities. Reconcile receipts before chasing debts so reminders reflect real unpaid balances; paid messaging channels require their relevant setup.