Odoo Accounting Basic To Advance Training 2025

Master Odoo Accounting –Learn to Setup Invoicing, Inventory, Manufacturing, Returns, Reporting, Customer Advances & More

What you'll learn

Activate and configure Odoo Accounting, create a company, and set up accounts

Enter and manage customer/vendor data, opening balances, and inventory

Record and track purchases, sales (cash & credit), and advance payments

Deal with prepaid expenses, fixed asset purchases, and maintenance expenses

Work with sales orders, purchase orders, returns, and offer-based settlements

Handle bad debts, accrued expenses, and journal-based transactions

Convert sales orders to invoices and process customer/vendor account settlements

Manage manufacturing workflows, BOMs, and raw material purchasing

Customize ledgers, manage early settlement discounts, and close financial periods

Extract reports, reconcile accounts, and handle advanced ledger and cash flow scenarios

Much More

Requirements

No prior knowledge of Odoo or accounting is required — beginners are welcome

Access to a computer and internet connection

(A free Odoo trial account or access to the Odoo online demo environment (Provided in Course)

A basic understanding of business transactions or willingness to learn

Description

Want to learn how to manage and automate business accounting using Odoo Accounting? Whether you're a beginner, accountant, or business owner, this step-by-step training will take you from the fundamentals to advanced features of Odoo’s powerful cloud-based ERP accounting module — using real-life business scenarios and hands-on walkthroughs.You’ll begin by learning how to create a company, configure your chart of accounts, and enter opening balances for customers, vendors, and inventory. The course then guides you through practical business transactions including sales, purchases, cash & credit invoices, customer advances, and fixed asset management.As you progress, you’ll handle sales orders, purchase orders, returns, early settlement discounts, prepaid expenses, bad debts, and service invoices — with full ledger configurations and financial implications. You’ll also learn how to process group payments, convert orders to invoices, and track payments using customer/vendor balances.In the advanced section, you’ll work with manufacturing companies, including BOM (Bill of Materials), raw material purchases, finished goods production, multi-step workflows, and reporting for closing periods. You’ll also explore bank reconciliations, early payment discounts, cash flow handling, and much more.By the end of this course, you’ll have complete confidence in managing day-to-day business accounting operations in Odoo — and be fully capable of handling real-world accounting tasks in trading, services, and manufacturing environments.

Overview

Section 1: Odoo Accounting Basic to Advance Training 2025

Lecture 1 How to Activate Odoo Accounting Free Trial

Lecture 2 How to Logout and Relogin in Odoo Apps

Lecture 3 How to Create a New Company In Odoo

Lecture 4 Create and Configure Chart of Accounts

Lecture 5 Updating Chart of Account Opening Balances in Odoo

Lecture 6 Entering Customers and thier Opening Balances

Lecture 7 Entering Vendors and thier Opening Balances

Lecture 8 Enter Inventory With Opening Balance

Lecture 9 Dealing With Purchase of Fixed Asset in Odoo

Lecture 10 Dealing With Prepaid Expenses in Odoo

Lecture 11 Handling Security Deposit Payments

Lecture 12 Entering Repair and Maintenance Expenses

Lecture 13 Receiving Customer Payments Against Opening Balances in Odoo

Lecture 14 Entering Product Purchase Invoice in Odoo

Lecture 15 Making Some Important Software Settings

Lecture 16 Entering Inventory Bill Against New Vendor

Lecture 17 Making Sales Ledger Configurations

Lecture 18 Dealing With Cash Sales In Odoo

Lecture 19 Dealing With Credit Sales In Odoo

Lecture 20 Receiving Customer Advances Against Sales Order in Odoo

Lecture 21 Entering Direct Sales

Lecture 22 Entering Purchase Orders in Odoo

Lecture 23 Dealing With Bad Debt in Odoo

Lecture 24 Dealing With Purchase of Services

Lecture 25 Dealing With Payment Against Purchase of Service

Lecture 26 Reconfiguring Accounts to Deal With Payment Against Bill With Updated Reports

Lecture 27 Convert Sales Order to Sales Invoice with Customer Advances Adjustment

Lecture 28 Handling Purchase Returns in Odoo

Lecture 29 Handling Sales Returns in Odoo

Lecture 30 Receive Group Payment Against Multiple Invoices

Lecture 31 Convert Purchase Order to Purchase Invoice

Lecture 32 Handling Loss of Inventory in Odoo

Lecture 33 33.

Lecture 34 Extracting Closing Reports

Lecture 35 Odoo Trial Account Creation Technique

Lecture 36 How to Change Company Name in Odoo

Lecture 37 Understanding the Manufacturing Company Scenario

Lecture 38 Create Edit and Import All Chart of Accounts

Lecture 39 Import Customers With Opening Balances

Lecture 40 Import Vendors With Opening Balances

Lecture 41 Import Inventory With Opening Balance

Lecture 42 Create Finished Goods and Configure Bill of Material

Lecture 43 Payment Against Accrued Expenses

Lecture 44 Entering Purchase Order Against Raw Material

Lecture 45 Convert Purchase Order to Purchase Invoice

Lecture 46 Entering Purchase Invoice With Early Settlement Discount Policy

Lecture 47 Entering Sales Order with Sequential Numbering Adjustment

Lecture 48 Transfering Cash Between Accounts

Lecture 49 Receiving Customer Payments Against Balances

Lecture 50 Settlement of Vendors Bills With Early Settlement Discount Availed

Lecture 51 Entering Purchase of Services on Credit Without Item

Lecture 52 Entering Purchase of Services on Cash With Service Item

Lecture 53 Receiving Customer Advances as Liability Against Sales Order

Lecture 54 Dealing With Travel Expenses

Lecture 55 Dealing with Repair and Maintenance Expenses

Lecture 56 Recording Purchase of Fixed Asset From Journal

Lecture 57 Manufacturing Finished Goods From Raw Material

Lecture 58 How to Hide or Close The Activity Panel in Documents in Odoo (Disable Chatter)

Lecture 59 Dealing With Bad Debts Against Opening Balance

Lecture 60 Transfer Sales Order to Sales Invoice with Customer Advance Settlement

Lecture 61 Entering Direct Sales in Odoo

Lecture 62 Transfer Sales Order to Sales Invoice with Offer of Early Settlement Discount

Lecture 63 Handling Early Settlement Discounts on Customer Payments

Lecture 64 Dealing with Payments Against Vendor Balances in Odoo

Lecture 65 Handling Purchase of Office Equipment With Cash

Lecture 66 Loan Settlement

Lecture 67 Dealing With Purchase Returns of Raw Material

Lecture 68 Dealing With Sales Returns of Finished Goods

Lecture 69 Payment Against Purchase Of Services with Backend Ledger Config

Lecture 70 Treatment for Owner Withdrawing Cash

Business Owners and Entrepreneurs managing finances using Odoo,Accountants, Bookkeepers & Finance Staff switching to Odoo ERP,ERP Consultants and Odoo Users looking to specialize in Odoo Accounting,Commerce Students & Trainees who want practical ERP accounting experience,Anyone looking for a full walkthrough of Odoo’s accounting system