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All You Need to Know About Odoo V11

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Odoo software has always been popular for providing users with best apps, features and user experience. With its constant endeavor to empower business owners with useful tools, it recently unveiled the 11th version of the software.

Fabien Panckaers, the founder of Odoo, unveiled Odoo 11 at his keynote presentation at the Odoo experience on 4th October. During the presentation, Odoo team also shared its plan to invade the Ecommerce software market by providing all-inclusive business solutions.

As we are Odoo’s certified partner and work on developing an array of Odoo themes and apps, we decided to share Odoo V 11’s most remarkable features with you. Given below are some highlights of Odoo V 11:

Three Times Faster

When you have a lot of business operations to look after, every click matters. Odoo observed that enhancing the speed of every click will save a lot of time and boost productivity. So, its R&D team lessened the number of SQL queries through some operations. This improved Odoo’s speed by 300%.

Odoo 11 is 3 times faster than Odoo 10 and the gap gets bigger based on the size of the database.

New Interface Design

Odoo is quite reputable for coming up with features that go with today’s industry standards. V 11
has an aesthetically pleasing design and user-friendly interface. It has been changed from Austere ERP interface to an attractive one.

Every interface, right from the home page to Kanban and form views as well as reports was enhanced and made pixel perfect. With the new design, you will find the following changes:

Traditional colors of the backend have changed to bright and high chrome paletteCleaner and legible fontsDevice responsive interface

Chat on The Go

Odoo V 11 has a dedicated mobile UI for communication which has been designed keeping the mobile users in mind. All the major functions that enable communication are placed in the ‘Thumb Zone’ - located at the bottom of the screen. This means, you can indulge into IMing, livechat and connect with your colleagues on the go.

With mobile communication becoming a crucial and mandatory part of everyday life, this update is sure to work wonders!

Analyze Projects & Profitability

Business owners love Odoo because of the app integration feature which has the potential to cover each stage of the workflow. Here’s what you can do with the Odoo software

Use timesheet to control the time spent on projectsMake use of sales feature to increase customer satisfactionMonitor projects to deliver your servicesUse Odoo Helpdesk to manage customer support

Apart from the above functionalities, Odoo V 11 has an extra element. It is now possible for you to analyze the profitability of your projects and employees at a glance. Once the project is over, you can get a detailed analysis of revenues and costs incurred on billable and nonbillable products. The format of this report is based on your invoicing method.

Accounting Localizations:

Odoo accounting features of V11 are enhanced and adapted for different countries with localization packages. It has a simplified accounting user interface and smooth onboarding process for the users. Here are the updates – country wise:

Mexico: Updated chart of accounts and taxes, CFDI 3.3, DIOT, Trial Balance and new CoA report.

Spain: New chart of accounts (Pymes, Associations, Corporates), updated taxes, legal statements (Balance Sheet, AEAT Modelo 111, 115 and 303).

United States: New check register report.

Germany: Updated chart of accounts (skr03 and skr04), updated taxes, new legal statements (P&L, Balance Sheet, Intracom Tax Report), updated tax report, DATEV Export.

Switzerland: ISR invoices (BVR), DTA → SEPA, cash rounding management, postal bank support, currency rate live update based on Federal Tax Agency.

India: The accounting localization has been adapted for GST.

The Netherlands: Updated chart of accounts and taxes, general ledger XAF report, new legal statements: P&L and ICP.

Colombia: Updated chart of accounts and taxes, Certificados de Retencion. Tax base field on journal items.

Source: https://www.odoo.com/blog/odoo-news-5/post/introducing-odoo-11-455

Additional Features in Odoo Studio

When Odoo’s Studio was released last year, it created quite a stir in the community. This is because it had amazing features to create and customize business apps in few minutes. And the best part was, it didn’t ask for any IT knowledge.

The V11 of Odoo studio is more mature and user-friendly. Here are some of the features:

You can easily switch between different apps and customize themDrag and drop fields in your viewView Gantt charts from your appEdit list and form views for One2Many and Many2Many fieldsAdd related fields and customize your app based on your needs

New Apps for Online Appointment and Marketing Automation

Every time a new version of Odoo is released, new Odoo apps are always on the platter. The new apps were created with an intent to help users automate their business and lessen the amount of work they undertake. Here’s a sneak peek into both the apps and their functionalities:

Online Appointment

In today’s fast paced life, both customers and support executives are in dire need of a software that helps them to schedule appointments easily. Using Odoo Online Appointment app, clients can self-book their appointment online based on the availability of customer support executives. These dates merge with your Google Calendar and provide you with complete control over your schedule.

Here’s what you can do with it:

Self-booking system gives you a bird’s eye view of your upcoming appointments 24/7Send reminder messages or emails to ensure that you remember the appointmentsUpdate your availability from Google Calendar and the system will synchronize it in real timeDisplay your appointment type on your Website

Marketing Automation

This app is created to help you automate lead management activities and nurture leads. Odoo Marketing Automation enables tight integration between different apps and can be used to automate business flow.

Here’s what you can do with it:

Accountants can automate payment follow-ups as the app is integrated with Odoo AccountingIntegration with Odoo Subscriptions enables SaaS experts to automate their users’ database notificationsFollow-ups, Registration Confirmations and reminders can be managed on autopilot

From the above pool of plentiful features, you must have gotten an idea about the amount of benefits Odoo 11 can reap for you. In case you want to build an Odoo based website or have an ERP that meets all your business expectations, this version is all that you need!

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