Withdrawing cash from the company's account to keep with the cashier or petty cash keeper purpose for internal expenses. This amount of cash will not have a very high value. to reduce the concern of cash keeper. The advantages of petty cash or Petty Cash include adding liquidity to internal spending. Can control cash more easily Spending with cash will have documentary evidence to keep every detail. This allows for a better accounting system and most importantly. can always check back It can also be used as a reference in various occasions.
Advance is the money that the business will have to advance payment according to the contract or the need to pay cash on the job/project. Advance payment of wages and other expenses urgent need to keep up with the events to prevent potential damage There is flexibility in the work of those responsible for the project. The expenses must be disbursed according to the regulations of the business. Amount of payment as needed to facilitate work This is different from petty cash used for small expenses.
Simplify your accounting
Keep track of bank account movements and the status of invoices.
Use the status overview to help keep track of drafts, paid and unpaid invoices. Automatically record all transactions from your bank accounts by importing and reconciling your bank statements.
Analyze your sales
Access insightful data to get the big picture
Get direct access to key information with dynamic and customizable dashboards. Make your own definition and analyze your invoicing by product, customer, salesperson, etc.
Save time on expense reports
Everything in one place.
Managing your employees' daily expenses has never been easier. Whether it's travel expenses, office supplies, or any other employee expenditure, access all receipts and expense submissions from your Expenses dashboard and create, validate, or refuse them in just a click. No need to download a specialized software to maintain expense records - everything can be done directly through the app!
Stop losing receipts
Upload all receipts directly into the expense record.
Employees can easily attach copies of their receipts directly to an expense record to avoid losing them. Add attachments on the go with any mobile device by taking a picture of the receipt and sending to a designated email address. Save time and increase efficiency by keeping a clean and complete record of all expenses.
Share the workload between departments
Get everyone involved to save time.
Business intelligence (BI)
Safe Bet :
Add filters based on Date, Relations, or Text and always have up-to-date and customizable data, as different data can be quickly shown on the change of criteria.Powerful, right?!
Bring Data to Life: Graphs
Visual representations help us to understand data easier and quicker. They make large volumes of data, and sometimes complicated ones, properly represented and with authority and clarity. And, with Odoo Spreadsheet, all of that is possible with live and integrated data!
Trial Balance in Odoo ERP, reported display the balance of each account at the end of the day, the end of the month, the end of the quarter or at the time required by the user. Help accountants work in proving the accuracy of accounting records. A display format that is easy to understand. You can choose the display format. Connect to recordable item details and can issue reports in Microsoft Excel format for further use.
Profit and Loss
The profit and loss statement in Odoo system will list the income, expenses, profit and loss for each accounting period. Reflect the efficiency of the company's operations It also helps users in analyzing, planning operations and forecasting future earnings.
General Ledger (GL) in Odoo System, a report that shows the data from the accounting records to classify the records into different categories. Displayed in an easy-to-understand format. You can modify the visualization of multiple views. To help users easily take this information to analyze their business operations.
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