Same Payable & Receivable Account in Partner
by ZestyBeanz Technologies http://www.zbeanztech.com/$ 48.13
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
Lines of code | 53 |
Technical Name |
zb_payable_receivable_account |
License | LGPL-3 |
Website | http://www.zbeanztech.com/ |
Versions | 14.0 15.0 |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
Lines of code | 53 |
Technical Name |
zb_payable_receivable_account |
License | LGPL-3 |
Website | http://www.zbeanztech.com/ |
Versions | 14.0 15.0 |
SAME PAYABLE & RECEIVABLE ACCOUNT IN PARTNER
This module helps to set the same account for account payable and account receivable. Normally, Odoo keeps two separate accounts for account receivable and account payable. For some business scenarios, the buyer and seller may be the same partner, so keeping two separate accounts for the same partner will complicate the accounting process. This module helps the user to set the same account for both and simplifies the accounting process.
Before installing the module
Customer Creation Form
After installing the module
After the installation, this module will set the same account for account payable and account receivable.
Keep Separate Accounts
To keep separate accounts, click on the Keep Separate Accounts field and choose the account for account payable and account receivable as usual.
Benefits of keeping the same account
Customer Invoice
A sales is made to Maxwell.
Vendor Bill
A purchase is made from Maxwell.
As a buyer, you have to pay Maxwell. Select the vendor bill and below you can see outstanding debits with the sales invoice number and amount. Click on the Add button and reconcile the invoice.
The vendor bill is paid.
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Quick question. Are there any reported or known issues if an invoice payment is receive for these type of setups thru Point of Sales?