Manufacturing Accounting: Journal Entries - Odoo 17 (Part 2 of 4)

🔍 Dive into the intricate world of Manufacturing Accounting with our comprehensive 4-part video series! Excerpted from an upcoming Odoo 17 accounting course, these videos offer a deep dive into the fundamentals and complexities of manufacturing within Odoo.
📚 What You'll Learn:
Manufacturing Accounting Overview: Get a bird's-eye view of the manufacturing accounting landscape. Understand how Odoo streamlines and integrates various processes for a seamless accounting experience.
Journal Entries Explained: Delve into the nitty-gritty of journal entries in manufacturing. Learn how to accurately record and manage transactions in Odoo.
Work in Progress (WIP) Tracking: Navigate through the dynamics of WIP. Understand how to monitor, evaluate, and account for ongoing manufacturing tasks.
Standard Cost Variance: Master the critical aspect of cost variance. Learn how to identify, analyze, and manage standard cost variances within Odoo for better financial control and decision-making.
👨‍🏫 Ideal for: Accountants, financial analysts, business owners, and anyone involved in the manufacturing sector looking to enhance their accounting skills and understanding of Odoo's capabilities.
📈 Elevate your accounting expertise and gain valuable insights into manufacturing variance with this tailored video series. Whether you're looking to refine your current practices or exploring new ERP solutions, these videos provide the knowledge you need to navigate the complex world of manufacturing accounting with confidence.
🔗 Subscribe and stay tuned for more content from our upcoming comprehensive accounting course!
#Odoo #ManufacturingAccounting #ERP #Finance #AccountingTutorial

[@JersonBejarano]

This is an absolute gem - incredibly useful and valuable. Thanks Kevin.

[@zerodeus1089]

You have my thanks sir, this video helps me understand how to reclass or offset the generated cost from odoo system with ACTUAL cost posted. Keep it up the good work

[@TMD1834]

Wow great walk thrus and explanations! Wish our consultants were as insightful.

[@chanvattey.kuyteav]

Thanks Kevin. Great Video, Super Useful!

[@bigboss97lnt]

Very useful. Thanks

[@MarijnKonings-ux8vi]

Great video! What I do not understand is the fact that the expenses are negative, which will reduce the expenses if more are incurred. Am I right in this logic and is there an issue here or not?

[@ahmadraihan9922]

Thank you so much for the tutorial brother... So to put overhead cost we just combine all of it to become cost of workcenter...

[@user-rt4rz5rr3k]

Your videos are fantastic and conceptual. Loved it!! Are you planning for The Master Production schedule?

[@MustufaRahi]

Hi, I am trying to generate cost of production in my odoo 17 but it generated cost of production as whole - including raw material and work center.
I am not getting how did you get it -1.90 in your case? The video at minute 10:01. Please let me know how to get the separate cost of production like demonstrated in your video?

[@BenBucket-ef8xq]

Thanks for this vid. I wonder if these journal entries can be automated?

[@KZAKI]

You can automate them with custom development. I might work on a 3pa for it if I have some free time.