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"This book fills an important gap for Odoo users. Ursa's work to document best practices for Accounting will help companies gain accurate and complete results." -- Fabien Pinckaers
A foundational piece of any successful Odoo implementation is configuring and running the Accounting module. Financial Accounting with Odoo takes the mystery out of this critical aspect by detailing topics such as initial setup, inventory and manufacturing accounting, daily and periodic operations, and reporting.
Financial Accounting with Odoo provides a step by step approach, starting with initial system setup and continuing through closing and reporting procedures. Following this approach, readers learn to configure Odoo ERP to produce accurate and complete results. Readers will learn how to operate their Odoo ERP system with confidence and reliability.
For years, Odoo users have focused on building their business, while enjoying the freedom that Odoo ERP offers. Independence and lower costs are just two of many benefits that come with this Open Source, Enterprise grade ERP system. Odoo is unique in this market space, and its users are poised for growth and unmatched competitive advantage.
About Ursa Information Systems Incorporated: Founded by Greg Mader in 2012, Ursa was the first Odoo Gold Partner in North America and Partner of the Year for the Americas in 2013. Ursa Information Systems focuses on helping small and medium businesses reduce risk and achieve their business goals, using Odoo ERP and other useful technologies.
- Sales Rank: #1088811 in Books
- Published on: 2015-02-22
- Original language: English
- Dimensions: 10.00" h x .50" w x 8.00" l, 1.19 pounds
- Binding: Paperback
- 212 pages
About the Author
Greg Mader is the President and Chief Consultant at Ursa Information Systems Incorporated. Ursa helps businesses expand capability and create additional value through the outcomes-oriented integration of business process improvements with technology customization. Greg’s career spans more than 25 years and includes experience in business, operations, manufacturing, and leadership. He holds a master's degree in geography from South Dakota State University, and a second master's degree in computer science from the University of Chicago. Additionally, Greg spent 21 years in the Army Guard, Army Reserve, and on Active Duty.
Most helpful customer reviews
3 of 3 people found the following review helpful.
Great book for odoo beginners
By Raymond Strippy
Great book for usa business owners that want a strong erp system without a huge cost.
Openerp, now know as odoo, is a powerful pos and accounting system with more flexibility than quickbooks. Odoo provives infinite possibilities to configure your business model, but with infinite posibilities comes infinite responsibility.
This book is meant to be a guide for usa based business owners to get up and running quickly, but thoroughly without overloading the reader with info. Additional research and trianing (self-paced or guided) will still be necessary. However, if your looking for a clean way to start this book is it. Take it from me, Ive setup odoo and walked away from ot seceral times due to its complexity, but after follwing this book i was able to get a working implementation up and running. Now, i have moved in to some more advanced online classes, but i still reference this book.
Now for the negatives:
1) The book is only relevant up to V8, as V9 will make some major changes in terms of usa based accounting. I call this a negative as i font believe there will be an updated version for 9, but if there was... Id buy it.
2) Several sections are are bit vague, especially for first times. Read, reread and then read between the lines. I wish the writer had expanded on some of the vague topics by takng a step-by-step approach, ratger than stating what needed to be done but leaving it up to the reader to figure out how.
3)odoo accounting methodology could be better explained. This is related to #2, but i want to make everyone aware that this book will tell you how to set up a sound basic accounting sys in odoo. It will not explain theory and odoo specific best practices. Having an accountant that is willing to work with odoo and you until you have every account strategy locked in is going to be important.
Last important note. If you want to make the instructions in this book work, then you have to install odoo natively and host it yourself. Or, you can hire someone to do it for you.
If you prefer to use odoo online for simplicity and support, then i recommend that wait until v9 releases amd that you prepare/budget atleast 300-500 per month in service fees for the first year.
3 of 3 people found the following review helpful.
Great Guide for US Odoo Users & Evaluators
By Amazon Customer
I picked up this book because we are evaluating Odoo for inventory reasons, but we need a fully integrated software solution for our companies. I was getting extremely frustrated with the software because I had no basic start point nor obvious path forward. The accounting set up is the backbone of the program, and I was lost. After reading this manual, I have a better grip on the accounting framework and (hopefully) some helpful modules to install that will make Odoo more inline with my US financial and reporting requirements. Some of my (and my accountant's) immediate questions were answered within the first few sections of this book. Definitely a great resource for US Odoo users!
6 of 7 people found the following review helpful.
If you have a need for financial/accounting software, you ...
By jonathan
If you have a need for financial/accounting software, you should give this a serious look. Greg Mader and his team at Ursa have put together something you should consider.
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