Prerequisite Odoo version 18 The demonstration below is United States localization but it should apply to other countries Install accounting application

1. Create a loan 2. Set the short-term account as an account payable type This will ease the loan payment reconciliation 3. As an example, create the loan for $12,000 with 3% interest at $325.44. The duration is 12 months. Image [1] 4. Compute the loan Image [2] 5. Every month, three journal entries will be created. Image [3] *First journal entry 10/31/2024 reclassification.* Debit (DR.) Long-term liability account $11021.04 (Outstanding balance) Credit (CR.) Account payable (AP) $11021.04 *

[Accounting][Odoo 18] Loan Management

Odoo is the world's easiest all-in-one management software.
It includes hundreds of business apps:

CRM
e-Commerce
Księgowość
Zapasy
PoS
Project
MRP

All apps

Wszystkie posty Osoby Odznaki

Tagi (Zobacz wszystko)

odoo accounting v14 pos v15

O tym forum

Pomoc

[Accounting][Odoo 18] Loan Management

accounting SF-Experts Odoo 18

1 Odpowiedz

2283 Widoki

Pei Hua Tsai (pht)

Prerequisite

Odoo version 18
The demonstration below is United States localization but it should apply to other countries
Install accounting application

Pei Hua Tsai (pht)

Autor Najlepsza odpowiedź

1. Create a loan

2. Set the short-term account as an account payable type

This will ease the loan payment reconciliation

3. As an example, create the loan for $12,000 with 3% interest at $325.44. The duration is 12 months.

4. Compute the loan

5. Every month, three journal entries will be created.

First journal entry 10/31/2024 reclassification.

Debit (DR.) Long-term liability account $11021.04 (Outstanding balance)

Credit (CR.) Account payable (AP) $11021.04

Second journal entry: 10/31/2024 Pricipal and interest

DR. Long-term liability $978.96

DR. Expense $48.33

CR. AP $1027.29 (a1)

Third journal entry: 11/1/2024 Reversal reclassification (reversal of first journal entry)

CR. Long-term liability account $11021.04

DR. AP $11021.04

6. When the user makes a payment for the loan, the vendor payment journal entry will show as below.

DR. AP $1027.29 (a1)

CR. Bank $1027.29

Podoba Ci się ta dyskusja? Dołącz do niej!

Stwórz konto dzisiaj, aby cieszyć się ekskluzywnymi funkcjami i wchodzić w interakcje z naszą wspaniałą społecznością!

Zarejestruj się

Powiązane posty	Odpowiedzi	Widoki
How to create accounting reports from scratch accounting report Odoo 18	2 wrz 25	867
[Inventory][Odoo18] How can I import product variants in Odoo 18 (Version 18)? Rozwiązane import SF-Experts Odoo 18	3 lip 25	3526
[Accounting] How do I recognize the vendor downpayment? Rozwiązane Accounting SF-Experts Odoo 18	1 wrz 25	924
[Odoo 18][Accounting] Inter company transactions. Rozwiązane Accounting SF-Experts Odoo 18	1 cze 25	2145
What is the method to bulk or massively cancel journal entries in version 18? Rozwiązane accounting SF-Experts V18	1 kwi 25	2252

To pytanie dostało ostrzeżenie

Podoba Ci się ta dyskusja? Dołącz do niej!