Accounting and Invoicing - Odoo

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Analytic Accounting

10 XP

Learn everything you need to grow your business with Odoo, the best open-source management software to run a company, at https://www.odoo.com/r/NlF In this video, learn how to use analytic accounting to track costs and revenues by project, department, etc. Other lessons related to this video: - Budget management: https://youtu.be/qMVW5KTVq8M Need more information about Odoo apps? https://www.odoo.com/r/cfi Discover Odoo, schedule a demo, or start your own Odoo revolution for free (no credit card required), at https://www.odoo.com/r/kASR

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1. What is the primary difference between "Analytic Accounts" and "Analytic Plans"?

Analytic accounts are used for sales, while analytic plans are exclusively for purchase orders. Analytic accounts track individual costs and revenue, while analytic plans group them to provide structure. Analytic plans are for domestic taxes, and analytic accounts are for international transactions.

2. What does the "Mandatory" applicability setting do in an analytic plan?

It automatically pays the invoice using the company's default bank account without human review. It sends an email to the government every time a new analytic account is created. It forces the user to provide an analytic distribution before confirming a journal entry or vendor bill.

3. How can you update the analytic distribution of invoices or bills that have already been confirmed?

By deleting the entire invoice and creating it again from scratch with the correct information. By going to the "Journal Items" menu and using the mass edit feature to update the lines. It is impossible to change it; Odoo locks all analytic data once the "Post" button is clicked.

Accounting and Invoicing - Odoo

Analytic Accounting

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