Odoo 18 Enterprise Book: Accounting

5. Batch Payments

Odoo 18’s Batch Payments feature is designed to simplify and streamline the process of handling multiple payments by grouping them into a single transaction, making bank reconciliation more efficient and manageable. Instead of reconciling each payment individually, users can batch several payments together, which will appear as a single entry on the bank statement, ideal for organizations processing numerous customer or vendor payments.

Odoo 18

To activate this feature, navigate to the Settings of the Accounting module and enable the Batch Payments option. Once enabled, you’ll find a dedicated Batch Payments menu under both Customers and Vendors, allowing you to initiate batch processing for incoming and outgoing payments respectively.

Odoo 18

The Batch Payments dashboard displays a list view containing key details such as Reference, Bank, Date, Total Amount, and Status. To create a new batch payment, click the New button.

Odoo 18

In the configuration window, you’ll begin by selecting the Batch Type; either Inbound for customer payments or Outbound for vendor payments.

Once the type is selected, specify the Bank, Payment Method, Date, and Reference. The core functionality resides in the Batch Content tab, where you can add individual payments to the batch by clicking Add a Line. A pop-up window will appear, listing either customer payments (for inbound batches) or vendor payments (for outbound batches), depending on the type you've selected.

Odoo 18

After selecting the payments to include, click the Validate button.

Odoo 18

Once validated, the batch moves into the Sent state, indicating that the batch is ready to be matched against bank statements.

Odoo 18

This functionality is especially useful when payments are grouped together during bank processing, allowing businesses to easily reconcile them without confusion.

whatsapp_icon
location

Calicut

Cybrosys Technologies Pvt. Ltd.
Neospace, Kinfra Techno Park
Kakkancherry, Calicut
Kerala, India - 673635

location

Kochi

Cybrosys Technologies Pvt. Ltd.
1st Floor, Thapasya Building,
Infopark, Kakkanad,
Kochi, India - 682030.

location

Bangalore

Cybrosys Techno Solutions
The Estate, 8th Floor,
Dickenson Road,
Bangalore, India - 560042

Send Us A Message