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Re: odoo accounting and IFRS posting, reporting, rules and regulations

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odoo accounting and IFRS posting, reporting, rules and regulations

by
IT IS AG, Joerg Lorenz.
- 12/07/2023 19:47:07
Dear Community, 

we are currently investigating the possibility of support of odoo community for accounting with IFRS rules and regulations. Best would be, if we would see a layered chart of accounts and accounting rules dependent on the books to reflect.
There are various applications for layered charts of accounts,  like tax related books, valuation of stock and deprecation of inventory,  in several countries in Italy,etc. 

On IFRS: 
Our current findings are that Vauxoo has done a module formerly, but this is for up to V8 and addresses the matter of reporting only, it appears.

What we do not know is if the invoicing rules, inventory deprecation and other postings and acounting posting templates are present to support a full fledged usage of odoo (community) with IFRS.
It would be very helpful if we could get a couple of practical experience reports like "we have done it, it worked on version XY"

It would be terrific if we could connect our client with one of your clients for exchange of experience, where we would be happy to sign an NDA as well.  Also - if appreciated - we would like to turn this job over to an experiences partner, but this could be step 2. 

First we need to convince the client, that odoo-  and in particular the OCA - is stronger and better than the proprietary competing solutions out there. 

Appreciate the power of out community here. Any comment welcome

Thanks, Joe


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