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Automated actions, on the other hand, allow you to automate repetitive tasks and workflows in your applications. For example, you can configure an automated action to send an email notification whenever a specific condition is met, or to update a field based on the values of other fields. Odoo’s layered module approach makes it particularly effective for combining and extending features. This updated fifth edition is a tutorial-style introduction to essential Odoo development topics. Softw...Read More

One valuable resource is the official Odoo documentation, which provides detailed guides, tutorials, and references for various aspects of Odoo development. The documentation covers topics such as module development, customization, deployment, and administration, making it a valuable companion throughout your learning journey. Additionally, Odoo has a vibrant and active community of developers, users, and contributors. By continuously learning and staying updated with the latest trends and best ...Read More

At its core, the Odoo framework is built using the Python programming language and follows the MVC (Model-View-Controller) architectural pattern. This allows developers to separate the data, presentation, and business logic of their applications, making it easier to maintain and extend the system. Additionally, the framework comes with a wide range of built-in modules that provide essential functionalities such as CRM, HR, Accounting, and more. By familiarizing yourself with the Odoo framework, ...Read More

The profitand loss gross and net tax shield valuation balance is automatically reported on the balance sheet report. Both periodic (manual) and perpetual (automated) inventory valuations are supported in Odoo. Theavailable methods are standard price, average price, LIFO andFIFO (First-In, First-Out). Get your tax reports in accrual or cash-based formatted according to your country’s taxation regulations. Manual Inventory Valuation (Anglo-Saxons)¶ The Custom plan, priced at $37.40 per user ...Read More

As transactions are linked to your contacts, you can run a report per customer,vendor, or supplier. Accountant productivity is at the core of itsdevelopment with features such as AI-powered invoice recognition, synchronization with your bankaccounts, smart matching suggestions, etc. Get your customer invoices created automatically from your sales order, tasks or delivery orders. Draft invoices are created automatically by Odoo based on sales orders, subscriptions, timesheets, or delivery orders....Read More

Automate supplier payments throughout the SEPA zone with SEPA Credit Transfer (SCT). 95% of the transactions are matched automatically with the financial records. All operations are processed in less than 90 milliseconds, faster than the blink of an eye. It does not extend to understanding business processes, training, document imports, configuration guidance, or interventions on servers or third-party accounts. For additional support in these areas, including personalized business analysis and ...Read More

Odoo support both periodic (manual) and perpetual (automated)inventory valuations. The available methods are standard price,average price, LIFO (for countries allowing it) and FIFO. Odoo totals all your accounting transactions for your tax period anduses these totals to calculate your tax obligation. For transactions occurring in another currency, Odoo storesboth the value in the currency of the company and the value in thecurrency of the transaction. Odoo can generate currencies gains andlosses...Read More