Disallowed Expenses
In accounting operations, disallowed expenses are those that cannot be subtracted from
the fiscal results but can be subtracted from the bookkeeping results by the user. You
can produce suitable financial reports in real-time by using the Disallowed Expenses
Categories function of the Odoo17 Accounting module. Click on the Disallowed
Expenses Categories option under the Configuration menu.
In this window, prohibited spending categories that have already been configured can be
seen. A new line will appear under the current list when you click the New button,
allowing you to enter the Name, Related Account, and Current Rate.
The Set Rates button allows you to specify rates for the types of expenses that
are not allowed. You can change the available data and set rates by clicking on any of
the available categories to access the corresponding category's form view.
The panel displays information about the expenses, including the Code, Category Name,
Company, and Related Account. When scheduling a vendor bill, the vehicle
must be specified in the Car Category form. Using the Add a Line button and the
information for the Start Date, Disallowed%, and Company, the rates can be
inserted one at a time under the Rates page. The disallowed expenses category may
be connected to an expense account detailed in the Chart of Accounts platform.
By doing this, when a new expense is made with this account, the disallowed expense will
be calculated in accordance with the disallowed expense category indicated in the
expense account. You can access the module's Reporting option to create reports
on Disallowed Expenses.
With the help of the corresponding buttons on the screen, you can convert the report
into the PDF and XLSX formats. Using the General Ledger option, you
can examine the general ledgers associated with the reported disallowed expenses.
Footnotes can be included in the report by using the Annotate button.
The report displays the general ledger entries, Date, Communication, Partner, Currency,
and Debit information for the disallowed expenses for the chosen time frame.