| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 122 |
| Technical Name |
multi_diferred_accounts_v18 |
| License | LGPL-3 |
Multi Deferred Accounts
Configure product-specific deferred expense and revenue accounts
Overview
This module enhances Odoo's deferred revenue and expense management by enabling the configuration of distinct deferred accounts at the product level. When processing invoices with deferred items, the system prioritizes these product-specific accounts. If none are defined, it seamlessly reverts to the company's default settings.
This granular control simplifies accounting workflows and provides a more accurate representation of deferred revenues and expenses for individual products in your financial statements.
Standard Odoo deferred accounts configuration (company-wide)
Key Features
- Define specific deferred expense accounts for products.
- Define specific deferred revenue accounts for products.
- Automatic selection of product-specific accounts during invoice deferral.
- Fully compatible with Odoo's native deferral functionalities.
- Simplified and intuitive product-based accounting setup.
- Intelligent fallback to company-wide defaults when product-specific accounts are not set.
How It Works
1. Configure Deferred Accounts per Product
Navigate to the 'Accounting' tab of a product to configure its specific deferred expense and revenue accounts.
2. Process Invoices with Deferred Items
Create and post customer invoices or vendor bills containing lines with deferred revenues or expenses, defining the necessary deferral periods as usual.
3. Automatic Application of Product-Specific Accounts
When the system generates the deferred journal entries, it will automatically utilize the product-specific deferred accounts configured, overriding the company-wide defaults.
Real-World Examples
Customer Invoices - Deferred Revenue
Customer Invoice with Deferred Revenue Line
Resulting Journal Entries using Product-Specific Revenue Account
Vendor Bills - Deferred Expenses
Vendor Bill with Deferred Expense Line
Resulting Journal Entries using Product-Specific Expense Account
Benefits
Enhanced Financial Reporting
Gain more detailed insights into your deferred revenues and expenses by tracking them at the product level. This enables more granular financial analysis, especially for businesses with a wide range of products.
Simplified Accounting Automation
Configure the appropriate deferred accounts directly on your products. The system then automatically applies these settings during invoice processing, minimizing manual intervention and reducing the risk of accounting errors.
Maximum Configuration Flexibility
Implement product-specific deferred accounts for certain products while retaining company-wide defaults for others. This adaptable approach caters to diverse accounting needs across different business scenarios.
Technical Details
This module introduces two new fields on the product form:
- Deferred Expense Account: Applied for vendor bills.
- Deferred Revenue Account: Applied for customer invoices.
During the generation of deferred journal entries, the module checks for these product-specific accounts. If configured, they are used in place of the default company accounts.
The module is designed for seamless integration with Odoo's existing deferred accounting features, extending its functionality without disrupting standard operations.
Compatibility
This module is verified to work with:
- Odoo 18.0 Enterprise Edition
Prerequisite: The Odoo Accounting module must be installed.
Developed by: Suliman Alhado
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