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WHAT IS ODOO ?

ODOO  

Odoo is an open-source business app suite that covers all your company needs like CRM, e-commerce, accounting, inventory, pos, project management, etc….


Odoo unique value proportion is at the same time straightforward to use and fully integrated


  • Main Accounting Concept


  • Double Entry Bookkeeping 

Odoo automatically creates all background activity or entries for each of your accounting transactions like customer invoices,pos, expenses, inventory moves, etc

Odoo uses the rule double-entry booking system all entries are automatically balanced (sum of debit=sum of credit)


Accrual 


It means odoo allows user to report income/expenses at the time of transaction occur or when payment is made or received .




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