Features of Odoo 12 (Procurement & Finance)
Features of Odoo 12 (Manufacturing)
October 6, 2018Features of Odoo 12 (Productivity Tools)
October 6, 2018Accounting
Configuration Bar
Setup you accounting in 4 steps and get an accounting environment ready to run your company.
Payments & Bank Transfers
Payment is only validated in Odoo once you have proof of payment, it stays as a draft before that. You can also now set up a direct debit on batch payments.
Various improvements in usability
New dashboards, graphs, style reports, visual improvements, highlighting.
Bank Matching
Ability to create rules based on contact, description, amount, etc. Rules can be processed automatically, manually, or proposed to the user for validation.
Currency Rates
Prevents the creation of negative or 0 currency rates.
Payments
Accounting payments (bank statements) and acquirer payment (credit card) has been merged to ease the reconciliation.
Tax Report Audit
Click on tax reports lines to audit them.
Payment Terms
More flexibility and precision in the payment terms setup. E.g: invoice due in 15 days, the 7th of the month.
Reverse Entries
Automatically reverse an entry at a specific date.
Financial Reports
Filters and group by has been added to the financial reports to allow comparisons.
Bank Synchronization
Switch to new PLAID API with new supported online institutions. Clearer research on bank institutions.
Analytic Accounting
Improvement on analytic accounting hierarchy on analytic accounts, analytic distribution allowed thanks to the use of analytic tags, new analytic accounting report, etc.
Budget
Choose between analytic or general account budget or both.
Fiscal Year
Support of custom fiscal year in case of the beginning of a company life.
Leaves
Menus
Menus have been reviewed to fit the business and ease the human resources process.
Day based encoding
Ease the record of leaves by selecting days, half-day or hours.
Accrual
Get automatically leaves allocation according to a working period.
Validity
Define a period of validity of allocation on the leave type. For instance, legal leaves 2018 is valid from January 1st to December 31st.
Usability
Leave type form has been totally reviewed for a better management of leaves.
Visibility
Make some leaves visible or not to employee to prevent error in the encoding of their leaves. For instance, only the HR manager creates sick leaves based on a medical certificate.
Purchases
Blanket Orders
BOs are taken into account when an RFQ is created. Other usability improvements on blanket orders: stages, vendor field required, adapted for multi currency, ...
Request for quotation
When you create an RfQ for a vendor for which no prices matches, the default price is set to 0.
Traceability
OIf the PO has been triggered by a reordering rule, show that reordering rule as source document on the PO.
Service
Generate purchase orders automatically for product of type service (MTO). Edit received quantity of a service on a PO.
Expenses
Encoding
Direct access to the expenses document to ease the filling of the expense in Odoo.
Attachments
New "Attach Document" button allows you to select a picture or file to attach to the expense.
Project Overview
Get the expenses and vendor bills related to your project on your project overview. You can also view how much was re-invoiced to the customer.
Payment
To avoid delay for the employee, the accountant has now a direct link to the expenses report to approve, located in the vendor bills card in the accounting dashboard.
Expenses
Encoding
Direct access to the expenses document to ease the filling of the expense in Odoo.
Attachments
New "Attach Document" button allows you to select a picture or file to attach to the expense.
Project Overview
Get the expenses and vendor bills related to your project on your project overview. You can also view how much was re-invoiced to the customer.
Payment
To avoid delay for the employee, the accountant has now a direct link to the expenses report to approve, located in the vendor bills card in the accounting dashboard.
Invoicing
Online Payments
Confirmed online transactions create a payment for an easier reconciliation. They also show up as notifications in the document’s chatter for an easier follow-up.
Configuration Bar
Setup you accounting in 4 steps and get your invoicing policy ready to use.
OCR & FacturX (IaP)
Invoice data recognition from a pdf or picture to fill in fields of vendor bills.
Invoicing Communication
Automatically generated communication field based on invoice number added to the payment request for wire payments.
Credit Notes in Dashboard
Clicking on “View Invoices” from the sales dashboard gives now access to the customer credit notes too.
QR Codes
Let your customers scan a QR code with their banking application to pay. The QR code is on PDF invoices and shows up in the payment screen of quotations & invoices.
Vendor Bills Auto completion
From habits or from a purchase order.
Currency
Automatically synchronize your currency exchange rates regularly with a new provider XE.COM
Stripe
Stripe is now a payment acquirer that can be used to pay either on eCormmerce, subscriptions or classic sales.
Localizations
Belgium
Set value manually for "Client Nihil" when exporting Belgian tax report in XML. Intrastat module and reports improvements.
Germany
Our exports are now certified by DATEV. Layout adapted for localization. Export XML to import on ELSTER.
Spain
Mod 347 report, mod 349 report, BOE exportation for all supported mod reports.
Netherlands
Improvement in tax reports. A distinction is now possible between services and products.
United States
Improvement of check templates.
Australia
New ABA files for Australian bank payments.
Canada
Exchange rates can be automatically updated from the Bank of Canada.
Switzerland
Compliance to the tax reform of 2018. ISR reference added on the bank accounts.
China
Chart of accounts and taxes have been updated for the Chinese localization.
Hong-Kong
The accounting localization (CoA, taxes, ...) for Hong Kong is now available.
Singapore
The accounting localization for Singapore has been completed. GST Returns and IRAS Audit File have been added.
Colombia
Electronic invoice through XML file.
Subscriptions
Salesperson Alerts
The assigned salesperson will now be alerted when something needs to be done on the subscription.
Invoicing
Force the invoicing mode, manually, with token, after a payment.
Rating
Attach an email template to your stage to get customers feedbacks about services.
Dashboard
Get global KPI through the subscription overview, including views like graph and new cohort view.
Health measures
Get KPIs about the health of subscriptions.
For more information please email us: contact@synconics.com or Skype: synconics.technologies or call us on: +91-942-686-4274 or visit our website: www.synconics.com to know more and how best we could associate.
