- Contact :Training
- E-mail :training@erpixel.com
Basic Course: Odoo Accounting Fundamentals
This course provides a practical introduction to Odoo’s accounting module, covering the essential tools and workflows needed for day-to-day financial management. Participants will learn how to configure the Chart of Accounts, manage invoices, track payments, reconcile transactions, and generate financial reports. The training is designed for accountants, bookkeepers, and business owners who want to efficiently handle financial operations using Odoo. No prior experience with Odoo is required, but basic accounting knowledge is recommended.
Participants Requirements
Who Should Attend?
- Accountants, bookkeepers, and finance professionals new to Odoo
- Business owners and managers handling financial operations
- ERP users looking to understand Odoo’s accounting functionalities
Required Knowledge & Skills
✅ Basic Accounting Knowledge
- Understanding of fundamental accounting principles (debits/credits, journal entries)
- Familiarity with financial reports (Profit & Loss, Balance Sheet, General Ledger)
- Basic knowledge of taxes (VAT, income tax, etc.)
✅ General Computer Skills
- Experience with spreadsheets (Excel or Google Sheets)
- Ability to navigate web-based applications
- Basic understanding of ERP systems (optional but helpful)
✅ Business Process Awareness
- Familiarity with customer invoicing and vendor bill management
- General knowledge of cash flow and payment processing
✅ No prior experience with Odoo is required, but some exposure to ERP systems can be beneficial.
Module 1: Introduction to Odoo Accounting
- Overview of Odoo Accounting: Key Features & Navigation
- Understanding the Accounting Dashboard
- Role of an Accountant in Odoo
- Configuring Basic Settings
Module 2: Chart of Accounts & Journal Entries
- Understanding the Chart of Accounts
- Configuring Currencies & Exchange Rates
- Journals & Journal Entries: Manual & Automated
Module 3: Accounts Receivable – Customer Transactions
- Creating & Managing Customer Invoices
- Handling Payments & Reconciliation
- Invoicing Analysis & Reports
Module 4: Accounts Payable – Vendor Transactions
- Recording Vendor Bills
- Managing Vendor Payments
- Handling Taxes & Tax Reports
Module 5: Bank & Cash Management
- Adding Bank Accounts & Importing Transactions
- Bank Reconciliation Process
- Internal Transfers & Currency Exchange Transactions
- Handling Unrealized Currency Gains/Losses
Module 6: Financial Reports in Odoo
- Generating a Profit & Loss Statement
- Understanding the Balance Sheet
- Using the General Ledger
- Introduction to the Cash Flow Statement
🔹 Q&A + Hands-on Practice