Introduction

This Odoo module enhances reconciliation capabilities by allowing accountants to match multiple outstanding payments—such as payments, bills, credit notes, and refunds—against multiple documents in a single, intuitive wizard. It simplifies complex reconciliation tasks, reducing accounting effort while providing a clear, sequence-based workflow for efficient bulk operations.

Key Features

• Reconcile multiple payments against multiple open invoices or credit notes in one operation

• Match customer credit notes or payments against outstanding debits with ease

• Handle vendor bills and refunds similarly in a unified wizard interface

• Honor natural sequence order, processing entries from top to bottom

• Allow selective reconciliation by enabling user selections for payments and invoices

• Support partial reconciliation by adjusting “To Be Paid” amounts directly in the wizard

• Display remaining amounts and categorize credits or debits clearly for clarity and precision

Benefits

• Saves time with streamlined, bulk reconciliation workflows

• Reduces manual workload and the risk of errors in financial matching

• Improves clarity by exposing outstanding and remaining balances proactively

• Enhances accountant productivity with an efficient, all-in-one interface

• Supports both full and partial reconciliation scenarios with flexibility

Compatibility & Technical Details

• Technical Name: reconcile_outstanding_payment_omax

• License: OPL-1 (Odoo Proprietary License)

• Required Modules:

  • Invoicing (account)

  • Communication (mail)

• Installation Steps:

  1. Ensure that the Invoicing and Mail modules are installed in your Odoo environment.

  2. Install this reconciliation wizard module.

  3. Use the “Reconcile Outstanding Payments” action available in the invoice list or form views.

  4. Select relevant records and conduct reconciliation using the wizard—set partial payments, select matching documents, and confirm to reconcile.