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how to manage continental and anglo saxon accounting in odoo

The two main types of accounting practiced widely are continental accounting and Anglo Saxon accounting. Continental type of accounting is the most used type of accounting, Anglo Saxon type on the other hand is mainly used by the small communities. By default, Odoo uses a continental type of accounting. You can enable the anglo Saxon type of accounting from the Accounting module settings. In the continental type of accounting, the amount of the goods is recorded as soon as the product is received in the stock, whereas on the other hand in an anglo Saxon type of accounting the cost of the goods is recorded at the time of sale or delivery.

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Cybrosys Technologies Pvt. Ltd.
Neospace, Kinfra Techno Park
Kakkancherry, Calicut
Kerala, India - 673635

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