Newsletter pivot: Become an Odoo expert with my pro tips
S2, E01 - After a brief break of 6 months, the Odootrailblazer newsletter is back with a freshconcept focused on Odoo
Introduction
We are back!
Many people asked me to share about Portcities and Odoo again.
We collected feedback and revamped our newsletter with a new approach with more snap content and Odoo.
Our promises?
Make yourself an Odoo expert, so subscribe for exclusive pro tips, expert insights, and the latest news in the Odoo world!
Agenda
Odoo news
Odoo tips of the week
Case study
Portcities news
Quote of the week
1. Odoo news
If, like me, you enjoy listening to podcasts while running or traveling, then you should look at the Odoo podcast “Planet Odoo.”
This week, they released a nice Podcast about the Birdiebox case study: https://www.odoo.fm/2108856/14277186-company-growth-customization-and-seamless-inventory-management-with-odoo?t=0
I like this podcast as it covers a variety of topics such as Odoo features, history, and anecdotes, management best practices, etc. And this episode specifically, mainly as it shows how it may help a business in practice.
2. Odoo tips of the week
How to create several versions of your financial reports (P&L, Balance sheet, etc.)!
Why is it needed? Let’s consider the Profit and Loss (P&L) report. You typically need a P&L report compliant with the tax authorities for the tax reporting. Many companies also like to have other P&L reports for day-to-day management or group-level reporting.
In Odoo, you can easily create several templates to generate your reports in seconds every month. How to?
Activate the developer mode
Go to Accounting / Configuration / Management / Accounting Reports
Select your report (such as the “Profit and loss”), duplicate it
Configure it as follow:
Give it a clear name. Example: “P&L Group reporting”
“Root report”: is the base report from where your new alternative financial report will be available. In my example, I created an alternative P&L, so I select “Profit and Loss”
“Availability”: Select “Always” (except if you have a multi-company environment and want to apply a different format per company or country)
Adjust your P&L structure and formula.
Done!
Now, if you open your “Profit and Loss” report from the menu “Accounting / Reporting / Profit and Loss”
You have a new button to select the version of your P&L report you want to analyze.
Case study
This week, I’m happy to share a case study of our team about Veolia:
https://portcities.net/blog/du-an-odoo-erp-dien-hinh-3/odoo-case-study-veolia-pet-recycling-85
I like this case study for 3 reasons:
It is a good example of a large corporation using a tier-1 ERP globally, plus Odoo, in many of their facilities or countries.
It shows how a large company can start rolling out Odoo step by step, one country and business at a time.
It demonstrates how Odoo can be an excellent alternative to SAP for a fraction of the cost.
Portcities news
We are closing 2024 with a new record quarterly revenue of $2,234k.
Why did our revenue increase in Q4?
The short answer is that we started a few big projects in Q3.
If we analyze it a bit further, it is because of the sales we started in Q4 2022 and the salespeople we hired 1-2 years ago.
By analyzing even further, it is thanks to the hundreds of happy existing customers that make up the bulk of our revenue. There is no shortcut to success.
Our top priorities for 2024 are:
Scale up our sales & marketing teams.
Standardize our offers to sell and deliver more efficiently.
Improve the structure and quality of our coaching and training.
Quote of the week
Me: “Where is your scope and project plan?”
The Project Manager: “I use the agile methodology”.
Me: ”Right…” (with irony) 🙂
Lesson learned: Working agile is not an excuse for not having a proper plan.
Implementation without good planning and controlling will likely go over budget and include bad customizations (because it is “free”).
Last but not least…
Thank you so much for your time!
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