Odoo 16 Community Book

Sales Credit Limit

The Sales Credit Limit feature offered by the Odoo 16 Invoicing module can be used to trigger an alert at the time of the creation of invoices and sales orders for partners with a total receivable amount exceeding a limit. From the Settings menu, you can enable this feature as shown in the image below.

The Default Credit Limit field can be used to mention the credit limit allowed for partners. For example, we can set the amount of $500 as the Sales Credit Limit. Now, we are going to check what happens when you create an invoice or sales order for a partner whose credit limit has already exceeded $500.

Here, you can see that an alert message appears on the window to inform that the customer has already reached the limit. You can observe the total amount due of the partner from this alert.

In case, if you want to set a credit limit for individual customers, you can go to the Customers menu available in the Invoicing module. Under the Invoicing tab, you will get the Credit Limits options to set Partner Limit.

Activate this feature and mention the credit limit in the given space. The Total Receivable field will display the total amount this customer owes you. By following this method, it is possible to set sales credit limits for each customer in your system.

Invoice Analysis

To get a proper idea related to the invoice operations done in the Odoo Invoicing module, you can use the Reporting feature of the module. This feature is a great help for the user to get accurate reports of accounting-related operations. In a single place, you can create graphs and pivot tables of the invoice reports. To perform efficient invoice analysis, you can select the Reporting menu of the module.

According to your requirements, you can change the view of the report between Graph and Pivot. The graphical view of the invoice analysis is given below. You will get the icons to change the graphs into Line, Bar, and Pie charts.

You can use Average Price, Product Quantity, Total, Untaxed Total, and Count as Measures in the report.

To get customized reports, you can use the custom options available in the Filters and Group By options.

The Odoo Invoicing module offers efficient tools and advanced features which will help you to improve your accounting operation. With this module, you can perform the invoice management effortlessly.