Availability |
Odoo Online
Odoo.sh
On Premise
|
Technical Name |
account_financial_statements |
License | See License tab |
Website | http://www.openerp.net.cn |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Technical Name |
account_financial_statements |
License | See License tab |
Website | http://www.openerp.net.cn |
Financial Statements Module:
- This module adds the the following functionalities:
- Gross Profit (Income Statement) report with IFRS breakdown and compared periods
- Balance Sheet (Statement Of Financial Position) report with IFRS breakdown and compared periods
RECENT CHANGES
20110728: now the Income Statement can print and compare 2 periods, even if they are closed. 20110215: Migration to V6.
DATA MODIFICATIONS
- The following fields have been added to account_account_type table:
- level1: used for the 1st level accounting classification (IFRS/US-GAAP compliant account types).
- Asset
- Liability
- Equity
- Income
- Expense
- level2: 2nd level accounting classification (necessary mostly for Gross Profit report in Income Statement report) .
- Receivable
- Cash
- Inventory
- Other Current Assets
- Lands and Properties
- Accumulated Depreciations
- Intangible Assets
- Other Assets
- Payable
- Tax Payable
- Other Current Liabilities
- Equities
- current: this boolean is used to indicate current/non-current account status.
- current: has impact only in current year.
- non-current: has impact even beyond current year.
- operating: this boolean is used to indicate operating/non-operating account status.
- operating: related to core operations of the company.
- non-operating: not related to core operations of the company.
sequence: sorting field
ADDITIONAL SET-UP
Additional Financial Accounts setup to be done after module is implemented for correct reports.
- ACCOUNT TYPE
- Set up 'current' (default: True) flags for account only within the current period.
- Set up 'operating' (default: True) flags for account concerning usual company operations.
- Set up level 1 for correct IFRS account type split (Income/Expenses/Liabilities/assets/Equities).
- Set up level2 attributes if more split details are required.
- ACCOUNTS
- Set up the correct user_type (account_account_type).
- PLEASE NOTE:
- For Income Statement : the level2 attribute is used to calculate cumulative totals based on sequence numbers
- Signs on the reports are calculated based on the report_type field ("P&L / BS Category")
- An example of hierarchy is given for level 1 and level 2. Those levels can be amended in the menu Account Report Attribute.
MULTI-COMPANY REPORTING WIZARD PROCESS SUMMARY
- Choose the company and the periods for the report (Company must be a child of user's company)
- Allow to compare 2 periods.
- Allow to choose 5 custom levels for breakdown (level 1, level 2, user_type, operating and current)
- Allow to create reports with/without cumulative totals (needed anyway for Gross Profit report)
TO BE DONE
- Create a report allowing to print a Income Statement of a closed period based on the closing journal of a period.
- Create multi-company Accounting Budget and incorporate to reporting.
KNOWN BUGS
First Data loading is incorrect and must corrected through OpoenERP client or PGAdmin:
- the parent company is assigned by default instead of the user's company
- the existing user_type level 1 and level 2 are left without default value
UNINSTALL
Uninstall process can fail if some imported user_type are still assigned to accounts when the uninstall process is launch: so first change the user_type to a new value and launch uninstall process.
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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