Advance Payment Allocation / Reconciliation

Description

Advance Payment Allocation is an essential and indispensable tool for any business. Odoo does not have a feature to allocate payments of Customer Invoices/Vendor Bills. This module allows to make advance payment from Customer Invoices/Vendor Bills and generate related journal entries. This feature allows to review all the invoices/bills of selected Customer/Vendor and make payment allocation amount against each invoice.

Menus

• Accounting

   

  • Customers/Vendors
    • Payments
  • • Action
  • • Payment Allocation

Reports

Odoo standard module report.

Key Features

• Easy making of payment allocation amount against each invoice/bill.
• Easy creating and posting related journal entries.
• High flexibility in matching payments with Invoices/Bills.
• Ability to search, track and review payments by multiple dimensions.
• Fully integrated with other modules.