Accounting: The New Smart Reconciliation Tools - Julian Sautter, Business Analyst, Odoo

1. Accounting: The New Smart
Reconciliation Tools
Julian Sautter • Business Analyst
EXPERIENCE
2019

2. What it’s for1
New Features
Quick demo
Conclusion - Q&A
2
3
4

3. What it’s for1

4. The Reconciliation
● Cash balance vs book entries
● Identify errors
● Payment follow-up
● Auto-creation of entries

5. New features2

6. We focus on saving your time for more valuable matters.

7. ● Directly reconcile from
aged receivable/payable
report.
● Use Keyboard commands.
● Bank statement
improvements
Interface
Improvements

8. Directly reconcile from aged receivable/ payable report

9. Postpone reconciliation for
specific items and create
follow-up actions across
applications.
Suspense
Account

10. Create follow up actions based on suspense account entries

11. ● Request Documents
● Create follow-up actions
● Track communication
Document
follow-up

12. Request missing documents (Vendor Bills, Licenses)

13. Bank statement
import
improvements
● Notes (REGEX)
● Bank Accounts
● Transaction Type Fields” (CODA,
CAMT).

14. Retrieve more details from bank statement

15. Quick Demo3

16. Business case
● Case 1: Cash Discounts
● Case 2: Bank fees
● Case 3: Salary
● Case 4: To check payments
and follow-up.

17. Case 1
● Cash Discounts
Customer paid in time for a cash
discount and subtracted 2 %
from the original due amount.

18. Case 2
● Bank fees
The bank charged 15.15 € of bank
fees via direct debit.
No vendor bill exists within
odoo.

19. Case 3
● Salaries
Salaries are paid on a regular
basis. Unless a certain amount is
exceeded, no manual
reconciliation should be
necessary.

20. Case 4
● Suspense account
An amount was retrieved from
your bank account but you
cannot relate it to a vendor bill.
Check it later and follow up.

21. Conclusion4

22. Conclusion.
● More time saved thanks to reconciliation models.
● Improved data recognition of bank statement
● Easier follow-up on suspense account transactions.

23. Q&A

24. Thank you.
#odooexperience
2018
EXPERIENCE
2019

25. Thank you.
#odooexperience
2018
EXPERIENCE
2019