| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1617 |
| Technical Name |
us_allowance_doubtful_accounts |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Invoicing (account)
• Discuss (mail) |
| Lines of code | 1617 |
| Technical Name |
us_allowance_doubtful_accounts |
| License | OPL-1 |
| Website | https://pokutsoft.com |
| Versions | 18.0 19.0 |
US Allowance Doubtful
Compute and book a CECL-lite (ASC 326) bad-debt reserve from AR aging or pooled loss rates, post the adjusting entry, write off invoices, and tie out an allowance roll-forward.
Compute and book a CECL-lite (ASC 326) bad-debt reserve from AR aging or pooled loss rates, post the adjusting entry, write off invoices, and tie out an allowance roll-forward.
Key Features
CECL-lite workflow entirely inside Odoo, without filing or
CECL-lite workflow entirely inside Odoo, without filing or transmitting anything on your behalf.
AR aging-based percentages — bucket every open customer
AR aging-based percentages — bucket every open customer receivable by age (Current, 1-30, 31-60, 61-90, 90+ by default, but the buckets and the loss percentage on each are fully configurable) and apply a loss percentage to each bucket. This
Pooled historical loss rate — apply a single
Pooled historical loss rate — apply a single expected-loss rate to the pooled receivable balance (the WARM / loss-rate method), again with a forward-looking overlay factor.
Screenshots
Write Off Against Allowance
Why Choose This Module
A reserve run for a period A reserve run reads the open customer invoices and credit notes (posted account.move receivables) as of a cut-off date, computes the days past due from each invoice's due date, buckets the open balance, applies the selected policy, and produces the required allowance. It compares that to the current balance on your allowance (contra-asset) account and generates the adjusting journal entry — debit Bad Debt Expense / credit Allowance — for exactly the difference, so the allowance account is trued up to the required estimate. A reversing top-up or release is handled automatically by the sign of the delta.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: 35+
- Author: Pokutsoft
- Dependencies: account
- Support: support@pokutsoft.com
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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