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Ethiopian accounting standards

by
Odoo

10.41

v 17.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 98
Technical Name ethiopian_accounting
LicenseOPL-1
Websitehttps://hybriderp.net
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Invoicing (account)
Discuss (mail)
Lines of code 98
Technical Name ethiopian_accounting
LicenseOPL-1
Websitehttps://hybriderp.net

Advanced Chart of Accounts & Fiscal Year Management

This module automates and simplifies critical accounting setups and compliance tasks. With features tailored for efficiency, accuracy, and regulatory adherence, it is the perfect solution for companies looking to streamline their accounting processes.

Note: This module is specifically designed for the Ethiopian accounting system and is intended for use exclusively in Ethiopia.

Key Features

Custom Chart of Accounts Template

  • Define a custom chart of accounts for each company with ease.
  • Automatically assign templates during post-installation tasks.
  • Retain existing charts if no custom template is specified.

Fiscal Year Management

  • Set custom fiscal year start and end dates (default: 07-08 to 07-07).
  • Ensure fiscal year consistency across all companies.
  • Automated validation and correction during installation.

Mandatory Accounts Setup

  • Pre-configures essential accounts (e.g., Cash, Revenue, Expenses) to meet compliance standards.
  • Ensures all accounts are linked to valid account types.
  • Automatically fixes missing or misconfigured accounts.

Tax Validation

  • Ensures all taxes are consistent and configured correctly.
  • Sets amount type to 'percent' and tax use to 'sale' if missing.

Automation Highlights

This module includes advanced automation features to save time and reduce manual effort:

  • Post-Installation Automation: Automatically configures fiscal years and assigns mandatory accounts upon installation.
  • Scheduled Tasks: A cron job executes post-installation tasks seamlessly, running once, one minute after installation.
  • Comprehensive Error Handling: Logs successful updates and errors for transparency and debugging.

Benefits

  • Compliance: Meets regulatory standards with mandatory account setups.
  • Efficiency: Reduces manual work with robust automation.
  • Flexibility: Allows custom chart of accounts templates for tailored configurations.
  • Reliability: Built-in validation ensures accurate and consistent data.

How It Works

Upon installation, the module:

  • Configures fiscal year settings for all companies.
  • Validates and updates tax and account configurations.
  • Sets up mandatory accounts based on compliance standards.

Why Choose This Module?

Stop worrying about manual configurations and compliance issues. Let this module handle the complexities for you!

Odoo Proprietary License v1.0

This software and associated files (the "Software") may only be used (executed,
modified, executed after modifications) if you have purchased a valid license
from the authors, typically via Odoo Apps, or if you have received a written
agreement from the authors of the Software (see the COPYRIGHT file).

You may develop Odoo modules that use the Software as a library (typically
by depending on it, importing it and using its resources), but without copying
any source code or material from the Software. You may distribute those
modules under the license of your choice, provided that this license is
compatible with the terms of the Odoo Proprietary License (For example:
LGPL, MIT, or proprietary licenses similar to this one).

It is forbidden to publish, distribute, sublicense, or sell copies of the Software
or modified copies of the Software.

The above copyright notice and this permission notice must be included in all
copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE,
ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
DEALINGS IN THE SOFTWARE.

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