Accounting¶
OpenERP provides a fully integrated accounting module than cover financial accounting, analytic accounting, third party management, taxes management, budgets, assets, etc. OpenERP has more than 50 extra modules for specific accounting features: electronic bank transfers, assets management, automatic invoicing, analytic controls, financial indicators, statements management, etc. Multi-company system and account simulation journals(account_simulation module) can be used in a parallel accounting scenarios (maintaining multiple G/L’s using different sets of accounting rules)
Key Points:¶
- Multi-company, multi-currencies, multi analytic axes,
- Real-time consolidation of multiple charts of accounts,
- Very good interface for fast encoding of entries and invoices,
- An integrated analytic/cost accounting,
- Lots of customisable reports.
Integration Benefits:¶
- Avoid re-encoding everything, all documents are pre-generated,
- Accountants’ decisions can impact on the whole system,
- Cross reporting with others modules.
Links:¶
Module: accounting