diff --git a/accounting/others/adviser/assets.rst b/accounting/others/adviser/assets.rst index 3a7955799..5acc67a0e 100644 --- a/accounting/others/adviser/assets.rst +++ b/accounting/others/adviser/assets.rst @@ -107,7 +107,7 @@ before posting them to your accounts. .. tip:: if you put the asset on the product, the asset category will automatically be filled in the supplier bill. -How to deprecate an asset? +How to depreciate an asset? ========================== Odoo will create depreciation journal entries automatically at the right diff --git a/accounting/others/taxes/B2B_B2C.rst b/accounting/others/taxes/B2B_B2C.rst index 34ef03bfd..e4a0f4926 100644 --- a/accounting/others/taxes/B2B_B2C.rst +++ b/accounting/others/taxes/B2B_B2C.rst @@ -88,15 +88,15 @@ must: For the purpose of this documentation, we will use the above use case: -- your product default sale price is 8.26€ price excluded +- your product default sale price is 8.26€ tax excluded -- but we want to sell it at 10€, price included, in our shops or +- but we want to sell it at 10€, tax included, in our shops or eCommerce website Setting your products --------------------- -Your company must be configured with price excluded by default. This is +Your company must be configured with tax excluded by default. This is usually the default configuration, but you can check your **Default Sale Tax** from the menu :menuselection:`Configuration --> Settings` of the Accounting application. @@ -155,8 +155,8 @@ This is the expected behavior for a customer of your shop. Avoid changing every sale order =============================== -If you negotiate a contract with a customer, whether you negotiate price -included or price excluded, you can set the pricelist and the fiscal +If you negotiate a contract with a customer, whether you negotiate tax +included or tax excluded, you can set the pricelist and the fiscal position on the customer form so that it will be applied automatically at every sale of this customer. diff --git a/accounting/overview/main_concepts/in_odoo.rst b/accounting/overview/main_concepts/in_odoo.rst index ea1a40e48..20e5fe4c5 100644 --- a/accounting/overview/main_concepts/in_odoo.rst +++ b/accounting/overview/main_concepts/in_odoo.rst @@ -22,14 +22,14 @@ entries are automatically balanced (sum of debits = sum of credits). Accrual and Cash Basis Methods ============================== -Odoo support both accrual and cash basis reporting. This allows you to +Odoo supports both accrual and cash basis reporting. This allows you to report income / expense at the time transactions occur (i.e., accrual basis), or when payment is made or received (i.e., cash basis). Multi-companies =============== -Odoo allows to manage several companies within the same database. Each +Odoo allows one to manage several companies within the same database. Each company has its own chart of accounts and rules. You can get consolidation reports following your consolidation rules. @@ -51,9 +51,9 @@ web-service. International Standards ======================= -Odoo accounting support more than 50 countries. The Odoo core -accounting implement accounting standards that is common to all -countries and specific modules exists per country for the +Odoo accounting supports more than 50 countries. The Odoo core +accounting implements accounting standards that are common to all +countries. Specific modules exist per country for the specificities of the country like the chart of accounts, taxes, or bank interfaces. @@ -61,7 +61,7 @@ In particular, Odoo's core accounting engine supports: * Anglo-Saxon Accounting (U.S., U.K.,, and other English-speaking countries including Ireland, Canada, Australia, and New Zealand) - where cost of good sold are reported when products are + where costs of good sold are reported when products are sold/delivered. * European accounting where expenses are accounted at the supplier bill. @@ -115,8 +115,8 @@ bank statement lines to your accounting transactions. Odoo also remembers how you've treated other bank statement lines and provides suggested general ledger transactions. -Calculates the tax you owe your tax authority -============================================= +Calculate the tax you owe your tax authority +============================================ Odoo totals all your accounting transactions for your tax period and uses these totals to calculate your tax obligation. You can then check @@ -136,7 +136,7 @@ average price, LIFO (for countries allowing it) and FIFO. Easy retained earnings ====================== -Retained earnings is the portion of income retained by your +Retained earnings are the portion of income retained by your business. Odoo automatically calculates your current year earnings in real time so no year-end journal or rollover is required. This is calculated by reporting the profit and loss balance to your balance