Forecast future bills to pay¶
In Odoo, you can manage payments by setting automatic Payments Terms and follow-ups.
Configuration: payment terms¶
In order to track vendor conditions, we use Payment Terms in Odoo. They allow keeping track of due dates on invoices. Examples of Payment Terms are:
50% within 30 days
50% within 45 days
To create them, go to and click New to add new terms, or click existing ones to modify them.
Once Payment Terms are defined, you can assign them to your vendor by default. To do so, go to , select a vendor, click the Sales & Purchase tab, and select a specific Payment Term in the Purchase section. This way, every time you purchase from this vendor, Odoo automatically proposes the chosen Payment Term.
Note
If you do not set a specific Payment Term on a vendor, you can still set one on the vendor bill.
Forecast bills to pay with the aged payable report¶
To track amounts to be paid to the vendors, use the Aged Payable report. To access it, go to . This report gives you a summary per vendor of the amounts to pay, compared to their due date (the due date being computed on each bill using the terms). This report tells you how much you will have to pay within the following months.
Select bills to pay¶
You can get a list of all your vendor bills by going to . To view only the bills that you need to pay, select the To pay filter. To view only overdue payments, select the Overdue filter instead.
You can also group bills by their due date by clicking and selecting a time period.
- menu
- Accounting ‣ Vendors ‣ Bills
- shows
- List of vendor bills with the "To pay" filter applied and grouped by Due Date: Month, showing the amounts due per month.
- highlight
- The search bar with the filter and grouping (red frame).
- data
- Demo company "YourCompany HU" with several open vendor bills.
- module
- account
- notes
- English UI, light theme, 1440px width.