Odoo 14 book

Budget management

Budget management is the stepping stone to success for any business. Odoo has developed an accounting module aiming to equip a business for efficient budget management. The persons using Odoo Accounts can efficiently track and monitor the financial status of the business along with the plans. Odoo makes use of the general and analytic accounting for ensuring efficient budget management.

For making use of Odoo budget planning, a user has to configure three of the following features.

Budgetary Positions

Analytic Accounts


Budgetary positions can be explained as a kind of mapping of the general accounts with budgets. For creating a budgetary position, a user has to go to

Accounting>Configuration>Accounting >Budgetary Position

odoo-accounting odoo-accounting

Here, the user can define all accounts linked to the budget.


Then Click on Select button


The user has to Save the changes to confirm the Budgetary position of the company.


The user can follow the same steps to make a revenue budgetary position. The only difference is that for revenue budgetary position one has to select relevant income accounts.



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