Anglo Saxon and Continental Accounting - Odoo 15 Accounting

This video explains you how the Odoo platform will help you manage the continental and anglo-Saxon accounting operations.

There are mainly two types of accounting practices that are widely adopted across the globe. Everyone is familiar with continental accounting as this is one of the widely used accounting features. Anglo Saxon accounting, on the other hand, is used by a small community.

In Odoo Anglo Saxon is only available in the Enterprise edition of Odoo while the Continental is available in both the Enterprise and Community edition of Odoo. Moreover, in Continental Accounting, the expense account is affected at the time of purchase on the other hand, in Anglo Saxon Accounting the expense account is affected at the time of processing a sales order. Let's now look at both Continental and Anglo-Saxon accounting in detail.



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