How to Configure Recurring Revenue in Odoo 17 CRM | Odoo 17 CRM Videos | Odoo 17 Functional Tutorial
1In Odoo, recurring revenue refers to income generated from subscriptions or plans that customers pay for on a regular basis. This contrasts with one-time sales where a customer pays a fixed amount for a product or service.
Odoo facilitates managing recurring revenue by allowing you to:
Define Recurring Plans: You can set up different billing schedules for subscriptions, such as monthly, yearly, or even spread over several years. This gives you flexibility in offering various subscription options to your customers.
Track Recurring Revenue: Odoo offers reports specifically designed to analyze recurring revenue. These reports help you understand the predictable income stream your business generates through subscriptions and memberships.
Overall, Odoo's recurring revenue features help you manage and gain insights into this important aspect of your business model.
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