Manufacturing Accounting: Work in Progress (WIP) - Odoo 17 (Part 3 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

[@lakshminese]

Thank you Kevin.

[@WAMM]

Great tutorial. Thanks

[@user-se9ll9po3m]

Hello Kevin, Very informative video thanks for creating this. I just have one question when employee cost is multiplied by duration why do you divide by 60? In the employee module we already set per-hour cost and duration is also in HH: MM so I guess we just need to multiply. Correct me if I am wrong please.

[@lakshminese]

Nice.