Financial Analysis

This chapter is devoted to statutory taxation and financial reporting from Open ERP. Whether you need reports about customers and suppliers, or statements for various statutory purposes, Open ERP enables you to carry out a whole range of parametric analyses of the financial health of your company.

Whether you want to analyze the general health of your company or review the status of an Account Receivable in detail, your company’s accounts are the place to define your various business indicators.

To bring you the most accurate picture of your business, Open ERP’s different accounting reports are flexible, and the results are calculated in real time. This enables you to automate recurring actions and to change your operations quickly when a company-wide problem (such cash reserves dropping too low, or receivables climbing too high) or a local problem (a client that hasn’t paid, or a project budget overspend) occurs.

So this chapter describes the various reports and financial statements supplied by Open ERP’s accounting modules. It also describes how Open ERP handles purchase and sales taxation, and the reporting of taxation.

For this chapter you should start with a fresh database that includes demo data, with sale and its dependencies installed and no particular chart of accounts configured.

• Managing accounts payable / creditors and accounts receivable / debtors
  • Financial analysis of partners
  • Multi-step follow-ups
  • Partner situation
• Statutory taxes and accounts
  • Taxation
    • Setting up a tax structure
    • Tax Cases
    • Tax objects
    • Use of Taxes on Products, Partners, Projects and Accounts
  • The accounts ledgers and the balance sheet
  • The accounting journals
  • Tax declaration
• Company Financial Analysis
  • Management Indicators
    • Time analysis of indicators
    • Defining your own indicators
  • Good management budgeting
  • The Accounting Dashboard