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Worksheets[Intensive Odoo 1 - 12/2022] W7 - Accounting 0
Total questions: 21
Worksheet time: 15mins
What is a Chart Of Accounts in Odoo?
A diagram to visualize the relation between different accounts
A list of account.journal records
A list of account.account records
A group of transactions that have the same business purpose
Which statement can be a factor to classify a transaction is a Vendor Bill?
Its Journal > Type is "Purchase"
Its Move Type is "out_invoice"
Its Name (Number) starts with "BILL/"
Its Journal entries are linked to "Account Payable"
Within an account,
total credit = total debit
balance = credit - debit
Account Type is required
In a Customer Invoice, changing Payment Term will affect:
Account Receivable lines
Customer
Product Unit Price
Payment Method
Document Layout in the general settings is used to print:
Customer Invoice
Vendor Bill
Purchase Order
Sales Order
Select the correct statement(s): In a journal entry:
Name (number) is automatically generated
Total Debit = Total Credit
Total Balance = 0
Journal is a required field
By default, there are (a) different types of an account.move record.
Customer/Sales starts with (b) , for example, (c) is the Customer Credit Note.
Vendor/Purchase starts with (d) , for example, (e) is the Vendor Bill
Which statement(s) are incorrect about a customer invoice?
In an invoice line, product is required
Cannot change the Invoice Number, once it has been generated
Invoice Date could be in the past
An Invoice can be paid by several payments
The Vendor Bill BILL/04/0004 contains 4 units of the same product A. The purchase tax applied is 15%. The minimum number of journal items of this bill is:
1
2
3
4
Can we create a new vendor bill from the menu Accounting > Accounting > Journal Entries?
Yes, as always
No, because this menu does not allow to create new records
No, because the Vendor Bill Journal is not allowed to be selected
Yes, only if the setting "Merge with Entries" is enable in the Vendor Bill Journal
When is a Journal Entry of a Customer Payment created?
Payment is created
Payment is posted
Payment is applied to an invoice
Payment is reconciled with the Bank Statement Line
What is the type of the account "Account Payable"?
Liabilities
Income
Assets
Expense
A Bank Statement Line with Amount = -$200.00 is created for VCB Bank Journal. Its journal items are:
Debit VCB
Credit Bank Suspense
Credit VCB
Debit Bank Suspense
Debit VCB
Credit Outstanding Receipts
Credit VCB
Debit Outstanding Payment
On a sales order form, when will the button "Create Invoice" generate a credit note?
delivered qty > ordered qty
invoiced qty > delivered qty
delivered qty = 0
(invoiced qty - delivered qty) > ordered qty
We initiate currency on:
Company
Warehouse
Product
Product Category
(a) = (b) + (c)
In Odoo, there is/are _ invoicing policy(ies)
(a)
Each card represent a/an
Account
Account Journal
Payment Method
Report
Invoice $1000, Amount Due $200, apply payment $200. What is the payment status of the invoice? (need photos)
In Payment/Paid
Reversed
Partial
Pending
What is the main module name of our Accounting Enhancement (USA)?
l10n_us_accounting
l10n_accounting
novobi_us_accounting
l10n_usa
In Odoo, our company has an invoice that sells 5 items of product A, with Sales Tax 10%. Which account types will be affected by the journal items of this invoice? (add photo of journal items)
Assets
Liabilities
Income (Revenue)
Expense
