Odoo Accounting Training
Schedule
Session Topics Covered
Overview of Odoo Introduction to Odoo, Navigation, and user interface,
Accounting Key accounting features
Chart of Accounts Setting up the Chart of Accounts, Understanding
account types and structures, Creating and modifying
accounts
Journal Entries Understanding journal types, Creating manual journal
entries, Reviewing and posting entries
Journal Reconciliation Bank statement import and reconciliation, Manual
reconciliation, Managing reconciled items
Customer Invoices and Creating and sending invoices, Managing customer
Payments payments, Handling payment follow-ups
Vendor Bills and Recording vendor bills, Processing vendor payments,
Payments Managing payment terms and schedules
Financial Reporting Generating and understanding financial statements,
Profit & Loss, Balance Sheets, Cash Flow reports,
Customizing financial reports
Tax Configuration and Setting up tax rates and codes, Applying taxes to
Management transactions, Tax reporting and compliance
Bank Accounts and Setting up bank accounts in Odoo, Importing and
Reconciliation managing bank statements, Automated bank
reconciliation
Managing Multi- Configuring multi-currency in Odoo, Handling multi-
Currency Transactions currency payments and invoices, Managing exchange
rate differences
Managing Fixed Assets Setting up and categorizing fixed assets, Asset
acquisition and depreciation, Disposing of assets
Depreciation and Asset Configuring and calculating depreciation, Generating
Reporting asset reports, Integrating asset management with
accounting
Year-End Closing Preparing for year-end closing, Closing fiscal year in
Procedures Odoo, Managing opening balances
Advanced Accounting Analytic accounting and budgets, Deferred revenue
Features and expenses, Consolidation of accounts
Hands-On Practice Practical exercises on various modules covered, Real-
life scenarios and case studies
