Accounting Payment flow Odoo 15 | Odoo 15 Accounting | Odoo 15 Enterprise Edition

This video explains the payment flow in Odoo 15 accounting #odoo15accounting
From version 14 onwards payments are registered by default on outstanding accounts both in the case of customer invoices and vendor bills.
Odoo has added new payment transfer accounts for outstanding payments and outstanding receipts. Invoices or refunds can be posted on outstanding receipts, bills, or credit notes on outstanding payments. #odoo15videos
You can use these accounts when doing payments in Odoo as long as it is not reconciled with bank statements. So the amount will remain in the transfer accounts. #odoofunctionalvideos
The user can keep track of the outstanding payments made using that bank journal
Ie. statements that need reconciliation can be tracked. So when a payment this done the amount will be pasted on these outstanding accounts.
So at the moment, you reconcile the payments with the bank statements Odoo will update them against the bank account.Ie.clears the outstanding accounts then debits or credits the bank account.
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[@mustansarmahmood1091]

Very nice way of explaining

[@cybrosys-technologies]

Keep watching

[@MaerAlkadar-tf9cl]

İs it possible to not affet supplier account or customer account when the payment registered because some payment registered before one week before actual pay.

[@cybrosys-technologies]

Not by default

[@malivendors]

Same is applying in Odoo V17?

[@cybrosys-technologies]

yes, payment flow is same in V17