Some financial improvementsOpenERP Days 2012 camptocamp / 18. avril 2012 / www.camptocamp.com / email@example.com
Some financial improvements - WebKit financial reports - Unrealized currency gain & loss calculation - Financial consolidation module2
What is moreSEXY than.....
...OpenERP financial reports ?
WebKit Financial reports .......of course ;-)
Why new financial reports ??? Just because standard reports do not work..... - Too slow - Design is not accountant oriented - No report in the past - No initial balance calculation - And other lacking points (filters, subtotals, sorts) - And.... do not provide expecting information for accountants and auditors6
Why Webkit Reports ? - Webkit is now included into core code - More powerful - More flexible - HTML & CSS based - More simple7
Whats new ? - New design : Trial balance / General Ledger / Partner balance / Partner ledger / Open Invoices list - New wizard => more linked to accountant needs (comparison, new filter, sorts) - Partner ledger + Open Invoice report => be able to go back to the past - Comparison by periods : amount and % - Centralization of entries by month - Tests on really big accounting => 100 time faster. - To do : Partner aged balance / Balance sheet / profit & lost / List of entries Lobbying to put these reports into the core code :-)8
Unrealized currency gain & loss calculation - Now currency effective currency gain & loss are calculated into bank statement => good point.... - But what about unrealized gain & loss ? Can be complicate and long to do manually 1 account = more currencies and partner Multiple currency rate for same date => need a new module !9
Whats new - Configuration : Currency rate type Choice if the account will be or not reevaluated New parameters on the company => 3 types of accounting entries - Extend the reversal entry module - Add a new wizard : Select date, journal and currency type Create 1 entry per account, currency and partner Define the entry as reversal entry or not10
Financial consolidation module - Automation of the first level of consolidation process : Consolidate entries from subsidiaries into 1 consolidation company. - Configuration : Create company hierarchy => each company has his official chart of account Create same consolidation chart of account for all companies (virtual) Account configuration : • 2 types of consolidation : YTD, period movements • Currency rate type Company : account for consolidation difference, virtual chart of account Check of consistency wizard : period and virtual chart of account - Consolidation wizard : Automatic entry creation into Holding accounting Automatic currency conversion into Holding currency : • Based on currency rate type • Subsidiary current becomes second currency into holding - Consolidation reports => use webkit financial report ;-)11
Just use it !and give us firstname.lastname@example.org or on launchpad