Payment with Payment Lines
| Lines of Code | 420 |
| Technical name | to_account_payment |
| License | OPL-1 |
| Website | https://viindoo.com/apps/app/16.0/to_account_payment |
| Read description for | v 13.0 v 14.0 v 15.0 v 17.0 |
| Required Apps | Invoicing (account) Discuss (mail) |
| Included Dependencies | Viindoo Base Viindoo Accounting |
| Extensions | On-behalf Payments |
Demo video: Payment with Payment Lines
The Payments with Multiple Payment Lines module is an optimal solution that enables businesses to efficiently handle complex payment transactions. This module helps enterprises streamline cash flow management, ensuring transparency and accuracy in accounting operations.
Key Features
- Create Payment Vouchers with Multiple Lines
- Generate multiple receivable or payable lines within a single payment voucher, ideal for scenarios such as consolidated payments or detailed payments for specific invoices.
- Payment Amount Suggestion
- Automatically displays the total outstanding balance (amount receivable/payable) directly on the payment screen, enabling quick decision-making without the need to check multiple reports.
- Flexible Payment Customization
- Accountants can customize accounting accounts and amounts for each payment line to meet complex accounting requirements.
- Synchronization of Payment Information and Journal Entries
- Ensures consistency between payment vouchers and journal entries, eliminating data discrepancies.
Business Value
- Better Management and Traceability: Offers a comprehensive solution for managing payments with multiple lines, enabling precise traceability of complex transactions and ensuring transparency.
- Reduce the Risk of Duplication and Omissions: Automates suggestions and manages data to minimize duplication or errors when reconciling accounts.
- Reduce Workload for the Accounts Payable Team: Streamlines the payment process, reducing manual tasks and increasing efficiency in handling large or multi-line transactions.
- Minimize Administrative Costs: Consolidates multiple payment lines into a single voucher, saving on printing and document storage costs, and optimizing administrative expenses.
Who Should Use This Module?
This module is ideal for businesses seeking to enhance flexibility and efficiency in payment management processes. It is particularly suitable for:
- Businesses with Complex Payment Transactions
- Perfect for trading, manufacturing, or service companies that handle hundreds of transactions monthly with various suppliers and customers.
- Multi-branch Organizations or Corporations
- Supports consolidating payments among branches or subsidiaries, ensuring accurate and transparent cash flow management.
- Businesses in Construction or Contract-based Manufacturing
- Especially useful for managing progress payments for large contracts (e.g., 30-50-20%), enabling accountants to split and track payments effortlessly.
- Businesses Handling Multiple Invoices per Period
- Retailers or distributors receiving multiple invoices from the same supplier in a single period can consolidate them into one payment voucher, saving time and reducing workload.
Supported Editions
- Community Edition
- Enterprise Edition
Installation
- Navigate to Apps.
- Search with keyword to_account_payment.
- Press Install.
- Note: To see the full features, you need to install the to_account_accountant module.
Instruction
Instruction video: Payment with Payment Lines
- Step 1: Create and confirm the bill.
- Step 2: Record and confirm the payment.
When checking the Suggest line option on the Payment view, the software will automatically suggest Payment details lines that have not been reconciled for this partner's payment.
- Step 3: Check the journal entry
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one).
It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software.
The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.