How to Manage Analytic Accounts in Odoo 18 Accounting | Odoo 18 Accounting Tutorials |Odoo 18 Videos

Channel:
India Cybrosys Technologies
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28,000
Published on ● Video Link: https://www.youtube.com/watch?v=PnU8kzihDj4


Game:
Accounting (2016)
Duration: 0:00
171 views
2

In Odoo 18 Accounting, Analytic Accounts are a powerful tool for tracking costs and revenues associated with specific projects, departments, products, or other segments of your business.

Key Concepts:

Purpose: To gain deeper insights into the profitability and performance of different aspects of your business beyond basic financial statements.
Functionality: Allows you to categorize transactions with specific analytic accounts, enabling you to analyze costs and revenues attributed to those accounts.
How to Use Analytic Accounts in Odoo 18:

Enable Analytic Accounting:

Go to Accounting -- Configuration -- Settings and enable the Analytics option.
Create Analytic Accounts:

Navigate to Accounting -- Configuration -- Analytic Accounting -- Analytic Accounts.
Click Create to add a new account.
Provide a name, description, and any other relevant details.
You can optionally link an analytic account to a customer, project, or other relevant information.
Link Analytic Accounts to Transactions:

When creating journal entries, invoices, purchase orders, or other financial documents, you can select one or more analytic accounts to associate with the transaction.
This allows you to track the costs and revenues related to specific projects, departments, or other categories.
Generate Analytic Reports:

Access various reports under Reporting -- Management -- Analytic Reports to analyze the financial performance of your analytic accounts.
These reports provide insights into costs, revenues, and profitability for each account.


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