Project Management · Odoo glossary

Project Accounting

Project accounting attributes revenue and costs to individual projects so their financial performance can be understood.

Definition

In general ERP practice

Project accounting attributes revenue and costs to individual projects so their financial performance can be understood. It complements the general ledger rather than replacing statutory account classification.

In Odoo

Odoo connects project profitability to records linked to the project and its analytic account. Sales, timesheets, purchases and expenses can contribute, depending on configuration; financial completeness depends on correctly linking the relevant transactions.