Odoo Accounting is a reliable financial application with features like invoice recognition, integration with bank accounts, smart matching suggestions, and more. Accountant productivity is at the center of its growth. Odoo Invoicing allows you to produce invoices, send them to clients, and track payments.
You can make an invoice design that is unique to your company’s theme and nature. Odoo’s invoice design and customization tools let you quickly create invoices in a variety of formats and styles.
Accounting => Customers => Invoices
Go to the Invoicing tab under the customers menu and set the Company data to include in the invoice to design and build a completely customized invoice.
Odoo makes it simple to create a variety of invoice layouts. It is an important part of invoice management since the layout typically reflects the professionalism of a business when it comes to invoicing.
You can customize the document layout to meet the requirements. A lot of advanced options are available on the setup page, you may customize the look of your papers by choosing a Layout template, Font, Logo, Colors, Layout background, Company tagline, Company Details, Footer, and Paper Format. You can view the configured document layout from the right side.
After configuring the invoice, click the Download PDF preview button to see a sample.
Customers => Invoices
A list of invoices is shown.
The invoice number, customer name, invoice date, due date, next activity scheduled, tax excluded amount, total amount, total in currency, payment status, and invoice status are all listed here. You can view specific invoices by using various filters and groups. Using the Upload option, you can upload invoices directly from the system.
To create new invoices click the Create button.
Select the name of the customer to whom the invoice will be delivered. If you want to search for additional customers, select the search more option from the drop-down menu and a list of customers will appear.
Choose the customer from the list, and if the customer is new, click the Create button to start the customer creation process.
After adding the customer, you may set the Invoicing Date. Add the delivery address and the payment reference to the journal entries. Invoice management is influenced by the invoicing date. On the basis of invoice dates, Odoo estimates invoice-to-customer interactions. Enter the invoice payment due date or the terms under which the invoice must be paid. Due Dates allow you to collect revenue efficiently and on time. Enter the journal entry under which the invoice will be recorded and add the currency that is used for the transaction.
Invoice Lines: Under the invoice lines enter product information using the Add a Line option and you can add several products.
Journal Items: Add details about the invoice’s journal entry under the Journal Items menu. The fields will be automatically filled based on the product data added to the Invoice Lines menu. You may configure and change the entry by just clicking on it. To create a new entry, select Add a Line.
Other Info: You can add other invoices and accounting details to the Other Info menu. Mention the Customer Reference, Sales Person, Sales team, bank account number to which the invoice will be paid at the Recipient Bank field, Referrer, name of the Company, Incoterm is used in the case of an international transaction, Fiscal Position, the name of the arrival country in the Intrastat Country field, whether the entry should be automatically posted at its due date, and whether the facts should be double-checked.
After filling in all the fields, click the confirm button.
Click the Register Payment button.
Now select Create Payment option and then the invoice will be shown with In Payment label. To ensure that you receive payments on time, Odoo allows you to incorporate payment terms with your invoices.
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