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Advance Payments

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84.34

18.0 0
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Required Apps Invoicing (account)
Discuss (mail)
Technical Name account_payment_advance_mac5
License OPL-1
Also available in version 18.0 17.0
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Technical Name account_payment_advance_mac5
License OPL-1
Also available in version v 18.0 v 17.0

Introduction

The Advance Payments module for Odoo simplifies the management of customer and vendor prepayments, ensuring accurate financial records and seamless reconciliation. By enabling businesses to handle advance payments efficiently, this module enhances cash flow management and reduces manual errors in accounting processes.

Key Features

  • Customer Prepayment Management: Record and manage advance payments received from customers.

  • Vendor Prepayment Handling: Track and manage advance payments made to vendors.

  • Automatic Reconciliation: Automatically reconcile advance payments with corresponding invoices or bills.

  • Flexible Payment Terms: Define and apply various payment terms for advance payments.

  • Comprehensive Reporting: Generate detailed reports on advance payments for better financial analysis.

Benefits

  • Improved Cash Flow: Efficiently manage incoming and outgoing prepayments, enhancing liquidity.

  • Enhanced Accuracy: Reduce manual errors in accounting by automating reconciliation processes.

  • Streamlined Operations: Simplify the handling of advance payments, saving time and resources.

  • Better Financial Insights: Gain comprehensive insights into prepayment transactions through detailed reporting.

  • Compliance Assurance: Ensure adherence to accounting standards and regulations related to advance payments.

Compatibility & Technical Details

  • Required Modules: Invoicing (account), Discuss (mail)

  • License: Odoo Proprietary License v1.0

  • Technical Name: account_payment_advance_mac5

  • Installation Steps: Available for download via Odoo Apps; installation requires administrator access within the Odoo platform.

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.