Accounting: Accounting Reporting
To get started, navigate to the Accounting app.
Generally Accepted Accounting Principles (GAAP) represent standards of accounting used in the United States by the U.S. Securities and Exchange Commission.
Profit and Loss
Cash Flow Statement
The Cash Flow Statement shows the beginning and ending balances of cash and cash equivalents for a period. It also shows the increases during that time broken into different categories: operating activities, investing & extraordinary activities, financing activities, and unclassified activities. To access this in Odoo, go to Reporting > US GAAP > cash flow statement.
Partner Reports pull data based on your customers and vendors.
The Partner Ledger lists out all partners (customers and vendors) with activity on their account in the time period specified. Among other column options, you'll see entries for Initial Balance, Debit, Credit, and Final Balance. To access this in Odoo, go to Reporting > Partner Reports > Partner Ledge.
To generate a printed report for one or more journals, you'll need to run the Journals Audit report. Go to Reporting > Audit Reports > journals audit. This brings up the Journals Audit modal window where you'll select your options.
Target Moves: Select whether you'd like to include 'All Posted Entries', or 'All Entries'.
Entries Sorted by: Indicate how you'd like the report sorted: by 'Date', or by 'Journal Entry Number'.
Start Date and End Date: Select the date range for your report.
Journals: By default, all journals will be added to this field. Remove a journal by clicking the or add journals by typing on the bolded black line to curate your report.
When you're ready, click Print. This will generate a PDF report that you can email or print. The report will be organized by journal, as shown below.
When you're done with the wizard, click Cancel. This report will not be saved in Odoo.
The 1099 is a collection of documents the Internal Revenue Sevice refers to as informational returns. To access this, go to REPORTing>Management>1099. Select the Start and End dates you wish to view, then use ADD A LINE to add journals to the report and click GENERATE. This will download the report to your computer. Once the report has downloaded, click CANCEL to remove the 1099 Report modal.
The Product Margins report pulls data from customer invoices to show revenue, and from vendor bills to show cost. To view this report, go to REporting>management>product margins.
From: Select the date for the beginning of the period you wish to view.
To: Select the date for the ending of the period you wish to view.
Invoice State: Select which invoice states you wish to view.
Open: Select this option to only view open/unpaid invoices
Open and Paid: Select this option to view open/unpaid and paid invoices.
Draft, Open, and Paid: Select this option to view draft, open/unpaid, and paid invoices.
Click OPEN MARGINS to view the report.