Invoicing
Objective parts of a business that require an effective management system are invoicing and accounting. The smooth running of your company depends on the proper governance of its financial procedures. If not, your business will ultimately face disastrous financial collapse. By reducing human accounting errors, the Odoo 18 ERP system may help the accounting department of your business save time and effort. Your business will perform better in terms of financial management thanks to this program. The community edition of Odoo 18 has an Invoicing module that can handle a variety of invoicing processes. This module is quite helpful in creating and managing invoices, sending them to anxious clients on scheduled dates, and monitoring the payments made on each invoice. Several additional helpful Odoo 18 modules can be integrated with this module, such as purchase, inventory, sales, and many more
The Odoo 18 Community edition comes with the Invoicing module only; the Accounting module is not included. Some of the features and functionalities of the Accounting module will not be available in the Invoicing module. But you can use all of the invoicing features in the Community edition by following a few easy steps.
To get started, go to the General Settings menu in the Community edition and choose the Developer option, as seen in the screenshot below.
The primary menu bar of the Settings window contains the Users & Companies menu. The next step is to choose it. This menu is followed by the Groups sub-menu.
You can now use the Search box to look up the Accounting group. From the selection that is displayed, you may select the Show Full Accounting Features option.
The screenshot that was previously given shows how this would open a new window. The user's name can be added under the Users tab. This is how we offer full accounting functionality in the Odoo 18 Community edition.
You can now check the Invoicing module to see the most recent changes.
This is the location of the newly added Invoicing Dashboard, which provides an overview of the Invoicing module's functionality. Several accounting operation journals can be managed straight from the dashboard, such as bank accounts, cash, expenses, vendor bills, miscellaneous operations, and customer invoicing.
Let's see if there are any Customer Invoices in the dashboard Journal. By choosing the New button from this box, you can create new invoices.
Additional operating tools can be accessed by clicking on the three vertical dots located in the right corner of the respective journal.
This screen capture shows the customer invoice tools exactly as they do in real life. You can access Journal Items, Credit Notes, and Invoices by selecting these options. You can create a new invoice and credit note by selecting the relevant settings. To add an invoice to your database, use the Upload Invoices option. You will also have access to the Invoice Analysis Reporting option. Our accounting dashboard helps you monitor and control activities from a single spot.