Restrict Negative Cash and Bank Posting
by Loyal IT Solutions Pvt Ltd http://www.loyalitsolutions.com
Odoo
$ 17.04
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 85 |
| Technical Name |
loyal_restrict_negative_cash_bank |
| License | LGPL-3 |
| Website | http://www.loyalitsolutions.com |
| Versions | 14.0 15.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 85 |
| Technical Name |
loyal_restrict_negative_cash_bank |
| License | LGPL-3 |
| Website | http://www.loyalitsolutions.com |
| Versions | 14.0 15.0 |
Negative bank and cash value restriction
The Odoo Accounting module manages the accounts and operations connected to vendors and customers in a methodical manner. This module facilitates the restriction in the negative cash and bank value in your company. Here we can prevent the cash and bank balances to go into negative with the installation of the module and simple configuration.
Version 14.0
Enterprise
Key Highlights!
- Prevents your bank balance into negative
- Prevents your cash balance to go negative
- Easy configuration
- Restriction in cash and bank balance in odoo
- Accounting made easy
- Facilitates to maintain cash and bank balances in your firm
Overview
In Odoo it is allowed to have negative bank and cash balances if the balances are not engough still payments are possible. Here we have implemented a restriction in that functionality to prevent this to go into negative. With easy configuration in accounting settings you can enable this feature.
Configuration and Features
01
Install the module. Go to Accounting settings. You will find an option to 'Enable -ve Balance checking in JE(Cash and Bank)'. You should enable this option.
02
Here in Accounting dashboard you can see the Current Cash and Bank Balance available.
03
Consider the Cash balance here. The current value is '6532'.
04
We can pass a journal entry above the value of Cash available as balance (Example :7000/-)
05
The user can save the journal entry. When the journal is posting there will be a warning message that 'Not able to post this JE due to -ve balance in Cash'. This warning will help the user to identify that the amount is exceeding the current balance and will prevent the balance to go into negative value.
06
Similarly, We can consider the current balance in the bank that is '4532'
07
Process a Journal Entry with an amount greater than the current balance available in bank.(Example : 5000/-)
08
In this case also the user will be able to save the journal entry and when they try to post it there will be a warning that ' Not able to post this JE due to -ve balance in Bank'. Which allows to identify the balance going into negative and blocks the transaction.
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Need Any Help?
Do you have any query ? Do you need any support from our side ? We are happy to assist you
Email us
support@loyalitsolutions.com / info@loyalitsolutions.com
Contact Us
www.loyalitsolutions.com
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