1.
Easily Reconcile
your Invoices & Payments
with the Brand New
Bank Statement Interface
Frédéric Gilson – Odoo Professional Services

2.
Topics
1
2
3
4
5
o Introduction: What? Why?
o How easy is it?
o Demonstration
o Conclusion

3.
Introduction

4.
Introduction
o Record payments in your accounting
o Monitor your cash level
o Track the remaining balances your clients have to pay
o Process follow-ups actions
o Bank statements can be imported in CSV & CODA.
Why recording Bank Statements in Odoo?

5.
Introduction
o Link Payments to Invoices in order to update the balance
to be paid.
o Both for Customer & Supplier Invoices.
o If the balance = 0, the Invoice is marked as Paid.
The Bank Statement enables to reconcile journal items.

6.
How easy is it ?

7.
How easy is it ?
o Generate customer invoices & Encode supplier invoices
o Process supplier payments
o Importing bank statements in Odoo
o Reconciling bank statement lines with invoices
o Send appropriated payment reminders to clients
As an Accountant, my weekly tasks consist in:

8.
How easy is it ?
Let's see how an Accountant will love
the new Odoo 8 Bank Statement Interface...

9.
How easy is it ?
1. Full payment
o Customer Invoice : 500€ (tax included)
o Payment : 500€

10.
How easy is it ?
2. Partial payment
o Customer Invoice : 500€ (tax included)
o First Payment : 250€
o New invoice balance : 250€

11.
How easy is it ?
3. Discount
o Customer Invoice : 500€ (tax included)
– 2 % discount on total amount if paid in the 7 days
o Payment : 490€

12.
How easy is it ?
3. Discount
o Customer Invoice : 500€ (tax included)
– Discount of 2 % on total amount if paid in the 7 days
o Payment : 490€
o Invoice marked as paid

13.
How easy is it ?
4. Multi-currencies
o Customer Invoice : $500 (tax included) = 389.59€
o Payment in USD to an EUR bank account : $500 = 381€

14.
How easy is it ?
Set up some specific balance operations to save
time and avoid encoding mistakes

15.
How easy is it ?
Keep specific balance operations in memory to save
time and avoid encoding mistakes.

16.
Conclusion

17.
Conclusion
With Odoo Accounting, import your bank
statements and easily reconcile invoices &
payments in order to drastically improve your
follow-up process.
This new bank statement interface will be available in Odoo 8.

18.
Questions ?

19.
Odoo
sales@odoo.com
+32 (0) 2 290 34 90
www.odoo.com
R&D and services office
Chaussée de Namur 40
B-1367 Grand Rosière
Sales office
Avenue Van Nieuwenhuyse 5
B-1160 Brussels
Thank You