Odoo 14 - Accounting: Payment Flow

In Odoo Accounting, from version fourteen, payments are now registered by default on an outstanding account. The bank reconciliation clears the outstanding account and debits or credits the bank account. Of course, this doesn’t apply if you don’t pre-record payments and rather reconcile your bank statements directly with the invoices.

[@jameswhite8697]

So when you have made a reconciliation error, and you unreconcile an entry, are these entries reversed automatically?

[@BasMasteling]

Does this setting apply to the outgoing payments as well?

[@tyosbs9846]

in my odoo v14, there is no "reconcile button" on community edition, and then how to reconcile?

[@Weblearns]

1+

[@SyedUsman]

what if we have multiple bank accounts? do we have to create separate journals for each bank

[@kazuha1166]

Yes, you have to, also your cash treasuries and credit cards. everything in a separate journal