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Parent Account (Chart of Account Hierarchy)

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Required Apps Invoicing (account)
Discuss (mail)
Technical Name account_parent
License OPL-1
Also available in version 18.0 17.0 16.0 15.0 14.0
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Technical Name account_parent
License OPL-1
Also available in version v 18.0 v 17.0 v 16.0 v 15.0 v 14.0

Introduction

The Parent Child Accounts module allows businesses to manage hierarchical relationships within their chart of accounts in Odoo. By linking accounts into structured parent–child relationships, finance teams can consolidate balances, simplify account grouping, and enhance clarity in financial reporting. This helps organizations with complex accounting needs to better structure their data and gain deeper insights into overall performance.

Key Features

  • Define parent–child relationships across multiple accounts for structured management

  • Consolidate balances from child accounts into their parent account automatically

  • Simplify financial reports by grouping related accounts under a single parent view

  • Improve navigation and clarity within the chart of accounts through hierarchy

  • Support advanced accounting needs for large or multi-department organizations

Benefits

  • Enhances financial reporting accuracy with consolidated parent account balances

  • Simplifies account analysis by grouping related accounts under logical structures

  • Improves visibility and transparency across the entire chart of accounts

  • Reduces errors and complexity in reporting for businesses with large account sets

  • Saves time for accounting teams through automated balance aggregation

Compatibility & Technical Details

Required modules: Accounting and related dependencies.

Technical name: account_parent

License: Odoo Proprietary License (OPL-1)

Installation steps:

  1. Place the module in the Odoo addons directory.

  2. Activate developer mode in Odoo.

  3. Update the apps list from the Apps menu.

  4. Search for the module by its technical name and install.

Odoo Proprietary License v1.0
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