Reconciliation Models

Reconciliation Models

A Reconciliation Models tool is very helpful for reconciling account transfers in the Odoo17 Accounting module. You can pick and reconcile numerous move lines with this tool at once. To make sure that the books of accounts are in sync with the actual transactions, this tool is important in Odoo17 Accounting. This is accomplished by making the necessary adjustments to the entries after comparing the transactions reported in the books of account with the actual transactions. This procedure guards against financial irregularities and maintains the correctness of the financial accounts.

The Configuration Bank section includes a reference to the system's Reconciliation menu. As shown in the screenshot below, one mouse button is sufficient to reach out to the window.

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For efficient operations in Odoo17, the Reconciliation Model window that you can see in the screenshot will maintain all the records of previously described Reconciliation Models. To provide you with a general overview without opening and carefully reviewing each record, the preview includes the Name of each Reconciliation, Type, and Auto-validate field. Additionally, it is quite straightforward to filter out and group necessary reconciliation models because of the default and custom Filters and Group By capabilities. As seen in the screenshot below, the Favourites tab is where you'll find the Save Current Search, Import Records, Link menu in Spreadsheet, and Insert list in Spreadsheet menus.

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The Odoo17 platform gives you the option to specify Reconciliation models in one of three categories by default. Those are

  • Button to generate counterpart entry
  • Rule to suggest counterpart entry
  • Rule to match invoices/bills
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