Create automatic Invoice using Odoo

Tenthplanet-blogs-Create automatic Invoice using Odoo

Sales orders and invoices are an essential part of any business transaction. An invoice is the best way to record the time of sale, the status of payment and the date of the transaction. Most companies make payments as soon as they receive an invoice for goods or services supplied. Invoices allow you to set payment terms and penalties for late payments.

Odoo Invoice

Odoo Invoicing is a business support module that is equipped with large functions such as customer invoicing, customer credits, purchasing advisor reporting, etc. It offers a variety of options to invoice the entire customer order or invoice based on other methods.

Features and Benefits of Odoo Invoice

  • An Odoo invoice grants you records of the sale of a product for inventory, accounting and tax purposes.
  • You can specify the payment terms you want to apply to the invoice. You can also apply the budgetary situation and assign the corresponding taxes to the customer on the invoice.
  • Odoo accounting optimizes your customer relationship and automates communication and invoice tracking. Odoo’s projects are integrated into customer contracts, so you can create an invoice based on the time and materials recorded in the timetable.
  • You can create invoices based on timesheets, you need to install the following modules for the same: Sales, Projects, Human Resources, Timesheets and Database. This module combines the costs of the timetable to create an invoice. Invoices allow you to record your sales in the POS module, in the Accounts module and in the journal entries.
  • The integration of sales app, project and timetable apps allows you to create customer orders and service invoices. You can invoice customers based on recorded milestones. At the same time, when the product is delivered, you can also invoice the customer.
  • It allows the Odoo user to filter out desired invoices and invoices from the entire dataset. The user can create a single PDF or large invoice for each invoice on Odoo.
  • After validating the new invoice, Odoo will alert you if there are any outstanding payments from the customer or seller. In this case, you can reconcile the outstanding payments with the invoice, and the invoice amount is at the bottom of the outstanding payment. Reconciliation of your outstanding payments and invoices Reconciliation If you want to reconcile them one by one use the Batch Reconciliation of Odoo.
  • Milestone-based invoicing is a kind of invoicing method used in the Odoo project module. The button for validation, invoice registration and payment shows the amount of the invoice to be delivered and the amount of the project. The invoice will be issued to the Customer when the billing process is completed.
  • Odoo Bulk Invoice PDF Generator allows you to create individual PDF Bulk Invoices in Odoo.
  • Your company data such as name, address, logo, website, telephone number, e-mail address, tax number and VAT identification number can be displayed on your documents such as invoices. Invoice layout inserts the company’s phone number and email, website URL, and tax / sales tax identification number into the footer of the documentation according to the value you configure for the company data.