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Odoo Implementation Service: A Complete Guide for Successful ERP Deployment

 Odoo Implementation Service: A Complete Guide for Successful ERP Deployment In today’s fast-paced digital economy, businesses need scalable and integrated software solutions to remain competitive. Odoo , a leading open-source ERP (Enterprise Resource Planning) system, has emerged as a game-changer for companies looking to streamline operations, enhance productivity, and drive growth. However, to unlock the full potential of Odoo, professional Odoo implementation services are crucial. This guide explores what Odoo implementation involves, its benefits, the process, and why hiring expert Odoo implementation partners is essential for success. What is Odoo? Odoo is a comprehensive open-source ERP platform that offers a wide range of business applications including CRM, Sales, Inventory, Accounting, Manufacturing, HR, and eCommerce – all integrated into one powerful solution. With over 7 million users globally, Odoo is highly customizable and scalable, making it ideal for small to ...
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Odoo Payroll And Expense Management| | ERP System: Synconics

Payroll with Employee's Wages and Salary , Bonuses and Taxes, Deductions, Gross Pay, Net pay and All.


Define Salary Structure

Payroll salary


  • With the payroll module we get a holistic view about the segregation of employees into predefined pay-scales, promotion, demotion, bonuses etc and can retrieve them from a single repository.
  • Also queries like total salary for a department, salaries by position and section can be answered easily.

Batch based Payroll calculation and Payslips generation

Payslip


  • Payslips for multiple batches, sections & departments can be created instantaneously removing the need for preparing payslips individually.
  • Supplementary tasks like calculation of basic salary, allowances, vouchers, loans, incentives and tax will be automatically computed by the system. 
  • Lot of time and resource can be saved while maintaining accuracy.


Loan Management

Loan Management
  • To build long lasting relationships, organizations have started offering a credit line to employees. 
  • Loan management module is blend of all important functionalities like manage different type of loan, different calculation mode, borrowed & issued loans, loans with installment repayments with accounting entry, annuity repayment and many more options with it.
  • System helps you to create customized loan period. You can categorize type of loan and manage it. 
  • Loan types can be defined based on its calculation method (Flat and Reducing). System maintains all interest versions which company wants to define. 
  • It allows managing type of proof that company accepts and keep track.
  • Can analyze payment schedule to review payments made, interest accrued and outstanding principle balance.
  • Since it is fully integrated with Payroll system if payslip of employee is confirmed then it will automatically change state of installment to paid.
  • If employees wants to skip the installment for any reason, this gets carried over to the following month.

Contract Amendments

Contract Amendment


  • It is very important for any organization to manage history and progress stages of each employee. 
  • The Contract Amendments module provides a way to handle wage adjustments that automatically creates a new contract for the rest of the duration of the employee's engagement with the changed parameters.
  • It manages and tracks employees salary history, change in position and departments. 
  • The module also links the contract with employee profile and status change if there are any changes in job title or in department.
  • HR Manager can see and track all employees salaries, positions and departments by filtering on status being active and archived. 
  • With access right we can restrict a manager to track contracts of his/her team only whereas employees can view all of their own contracts.


For Customization, New Development, Migration, Training of any OpenERP (Odoo) apps, you can CONTACT US on:

                                                                                                                           
Store:- https://store.synconics.com/ 

Website:- https://www.synconics.com/ 

WhatsApp:- (+91) 942-686-4274

E-mail: contact@synconics.com

Skype: synconics.technologies


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