Odoo Accounting Basic to Advance Training 2026

Name: Odoo Accounting Basic to Advance Training 2026
Rating: 4.5 (211 reviews)

Master Odoo Accounting –Learn to Setup Invoicing, Inventory, Manufacturing, Returns, Reporting, Customer Advances & More

Bestseller

Created byAccountech Training & Solutions

Last updated 1/2026

English

What you'll learn

Activate and configure Odoo Accounting, create a company, and set up accounts
Enter and manage customer/vendor data, opening balances, and inventory
Record and track purchases, sales (cash & credit), and advance payments
Deal with prepaid expenses, fixed asset purchases, and maintenance expenses
Work with sales orders, purchase orders, returns, and offer-based settlements
Handle bad debts, accrued expenses, and journal-based transactions
Convert sales orders to invoices and process customer/vendor account settlements
Manage manufacturing workflows, BOMs, and raw material purchasing
Customize ledgers, manage early settlement discounts, and close financial periods
Extract reports, reconcile accounts, and handle advanced ledger and cash flow scenarios
Much More

Course content

1 section • 76 lectures • 5h 36m total length

How to Activate Odoo Accounting Free Trial3:57
How to Logout and Relogin in Odoo Apps2:25
How to Create a New Company In Odoo2:48
Important Message2:41
Create and Configure Chart of Accounts17:10
Updating Chart of Account Opening Balances in Odoo8:14
Entering Customers and thier Opening Balances8:46
Entering Vendors and thier Opening Balances5:38
Enter Inventory With Opening Balance9:43
Dealing With Purchase of Fixed Asset in Odoo6:41
Dealing With Prepaid Expenses in Odoo3:41
Handling Security Deposit Payments2:27
Entering Repair and Maintenance Expenses2:40
Receiving Customer Payments Against Opening Balances in Odoo3:22
Entering Product Purchase Invoice in Odoo4:52
Making Some Important Software Settings10:38
Entering Inventory Bill Against New Vendor5:00
Making Sales Ledger Configurations2:14
Dealing With Cash Sales In Odoo4:34
Dealing With Credit Sales In Odoo1:53
Receiving Customer Advances Against Sales Order in Odoo7:20
Entering Direct Sales2:21
Entering Purchase Orders in Odoo1:46
Dealing With Bad Debt in Odoo3:21
Dealing With Purchase of Services3:35
Dealing With Payment Against Purchase of Service2:31
Reconfiguring Accounts to Deal With Payment Against Bill With Updated Reports1:52
Convert Sales Order to Sales Invoice with Customer Advances Adjustment4:17
Handling Purchase Returns in Odoo2:32
Handling Sales Returns in Odoo2:16
Receive Group Payment Against Multiple Invoices2:21
Convert Purchase Order to Purchase Invoice2:46
Handling Loss of Inventory in Odoo5:43
Unwinding of Prepaid Expenses2:52
Extracting Closing Reports3:09
Odoo Trial Account Creation Technique3:54
How to Change Company Name in Odoo1:07
Understanding the Manufacturing Company Scenario1:11
Create Edit and Import All Chart of Accounts15:07
Import Customers With Opening Balances7:25
Import Vendors With Opening Balances4:08
Import Inventory With Opening Balance7:09
Create Finished Goods and Configure Bill of Material8:10
Payment Against Accrued Expenses2:22
Entering Purchase Order Against Raw Material2:01
Convert Purchase Order to Purchase Invoice6:25
Entering Purchase Invoice With Early Settlement Discount Policy3:43
Entering Sales Order with Sequential Numbering Adjustment4:50
Transfering Cash Between Accounts12:33
Receiving Customer Payments Against Balances2:41
Settlement of Vendors Bills With Early Settlement Discount Availed2:12
Entering Purchase of Services on Credit Without Item3:07
Entering Purchase of Services on Cash With Service Item2:23
Receiving Customer Advances as Liability Against Sales Order7:21
Dealing With Travel Expenses2:02
Dealing with Repair and Maintenance Expenses1:50
Recording Purchase of Fixed Asset From Journal1:50
Manufacturing Finished Goods From Raw Material11:14
How to Hide or Close The Activity Panel in Documents in Odoo (Disable Chatter)1:34
Dealing With Bad Debts Against Opening Balance3:36
Transfer Sales Order to Sales Invoice with Customer Advance Settlement3:15
Entering Direct Sales in Odoo3:33
Transfer Sales Order to Sales Invoice with Offer of Early Settlement Discount4:08
Handling Early Settlement Discounts on Customer Payments3:05
Dealing with Payments Against Vendor Balances in Odoo3:43
Handling Purchase of Office Equipment With Cash2:15
Loan Settlement2:35
Dealing With Purchase Returns of Raw Material3:02
Dealing With Sales Returns of Finished Goods3:24
Payment Against Purchase Of Services with Backend Ledger Config5:05
Treatment for Owner Withdrawing Cash3:13
Dealing WIth Loss of Raw Material Inventory5:29
Dealing With Income Tax Payment Against Cheque2:38
Adjusting Month End Expenses As per Accrual Concept6:44
Closing Reports and Thankyou6:10
Congratulations0:29

Requirements

No prior knowledge of Odoo or accounting is required — beginners are welcome
Access to a computer and internet connection
(A free Odoo trial account or access to the Odoo online demo environment (Provided in Course)
A basic understanding of business transactions or willingness to learn

Description

Want to learn how to manage and automate business accounting using Odoo Accounting? Whether you're a beginner, accountant, or business owner, this step-by-step training will take you from the fundamentals to advanced features of Odoo’s powerful cloud-based ERP accounting module — using real-life business scenarios and hands-on walkthroughs.

You’ll begin by learning how to create a company, configure your chart of accounts, and enter opening balances for customers, vendors, and inventory. The course then guides you through practical business transactions including sales, purchases, cash & credit invoices, customer advances, and fixed asset management.

As you progress, you’ll handle sales orders, purchase orders, returns, early settlement discounts, prepaid expenses, bad debts, and service invoices — with full ledger configurations and financial implications. You’ll also learn how to process group payments, convert orders to invoices, and track payments using customer/vendor balances.

In the advanced section, you’ll work with manufacturing companies, including BOM (Bill of Materials), raw material purchases, finished goods production, multi-step workflows, and reporting for closing periods. You’ll also explore bank reconciliations, early payment discounts, cash flow handling, and much more.

By the end of this course, you’ll have complete confidence in managing day-to-day business accounting operations in Odoo — and be fully capable of handling real-world accounting tasks in trading, services, and manufacturing environments.

Who this course is for:

Business Owners and Entrepreneurs managing finances using Odoo
Accountants, Bookkeepers & Finance Staff switching to Odoo ERP
ERP Consultants and Odoo Users looking to specialize in Odoo Accounting
Commerce Students & Trainees who want practical ERP accounting experience
Anyone looking for a full walkthrough of Odoo’s accounting system