Odoo Functional Certification flashcards
Odoo Functional Certification · Build recall with a focused review session.
32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Lead versus opportunity
- A lead is an unqualified contact; converting it creates an opportunity tied to the same partner while preserving contact details and communication history.
- Lead assignment rules
- Assignment rules route leads by country, industry, tags, or team; assignment can be manual, random, or round-robin across salespeople.
- Opportunity expected revenue
- Expected revenue combines one-time revenue with prorated recurring revenue; the stage's probability is applied to forecast weighted pipeline value.
- Quotation confirmation
- Confirming a quotation converts it into a sales order and triggers delivery and/or invoicing according to each product's invoicing policy.
- Invoicing policy delivered quantities
- With delivered quantities, invoices are created after stock deliveries are validated; ordered quantities allows invoicing when the sales order is confirmed.
- Pricelist computation
- Pricelists set sales prices using fixed price, percentage, formula, or rounding rules and can depend on customer, quantity, date, country, or currency.
- Down payment invoice
- A down payment creates an invoice before final delivery; its amount is deducted from later invoices for the same sales order.
- RFQ to purchase order
- Confirming a request for quotation converts it into a purchase order; receipts and vendor bills can then be generated from the confirmed order.
- Bill control received quantities
- When bill control is set to received quantities, vendor bills cannot exceed validated receipt quantities for the linked purchase order lines.
- Vendor pricelist
- Vendor pricelists store supplier prices, minimum quantities, lead times, and currency per product and vendor for purchase orders.
- Stock move
- A stock move transfers a product quantity between locations; validating it updates quants and can create accounting entries when valuation is automated.
- Reordering rule
- A reordering rule sets minimum and maximum stock levels for a product-location; falling below the minimum triggers an RFQ or manufacturing order.
- Inventory valuation methods
- Odoo supports standard cost, FIFO, and average cost valuation; automated valuation posts stock journal entries, while manual valuation waits for accounting entries.
- Inventory location types
- Locations are typed internal, vendor, customer, inventory loss, production, or transit; internal locations form a hierarchy used for transfers.
- Balanced journal entry
- Every journal entry must have equal total debits and credits; posting locks the entry and prevents further edits except through reversal.
- Fiscal position
- A fiscal position remaps taxes and accounts for specific customers, countries, or VAT numbers, overriding default product taxes on invoices and orders.
- Payment terms
- Payment terms compute invoice due dates from the invoice date; installments can split the total into multiple due dates with percentages.
- Bank reconciliation
- Bank reconciliation matches bank statement lines to journal items; unreconciled statement lines affect the computed bank balance and accounting accuracy.
- Bill of materials
- A bill of materials lists components and quantities needed to manufacture one product; types include manufacture, kit, and subcontracting.
- Work center
- A work center defines a production resource with capacity and hourly cost; operations assigned to it generate work orders with expected durations.
- MRP scheduler
- The MRP scheduler creates procurement proposals from demand, forecasts, and reordering rules; it suggests manufacturing orders, purchases, or transfers.
- Unbuild order
- An unbuild order reverses a manufacturing order by consuming the finished product and returning its components to stock according to the bill of materials.
- Timesheet invoicing
- Service products with timesheet invoicing bill delivered hours at the product price; approved timesheets are linked to sales order lines for invoicing.
- Task stages
- Task stages are configurable kanban columns for a project; each stage can be folded and can set a default status for task progression.
- Planned versus allocated hours
- Planned hours set the task budget, while allocated hours assign work to employees; actual hours come from validated timesheets and affect profitability.
- Published eCommerce product
- Publishing a product makes it visible on the website; unpublished products remain available in the backend catalog but not for online sale.
- Shipping method
- A shipping method is a delivery carrier with price rules based on weight, order total, or destination; it appears at eCommerce checkout.
- Payment provider
- A payment provider such as Stripe or PayPal must be enabled and configured before customers can pay online at eCommerce checkout.
- Time off allocation
- A time off allocation grants an employee a number of days or hours for a leave type; it can be fixed or accrued over time.
- Employee contract
- An employee contract defines the working schedule, wage, and start and end dates; sequential contracts support position or salary changes over time.
- Record rule
- A record rule restricts which records a group can read or modify by applying a domain filter; it complements model-level access rights.
- Scheduled action
- A scheduled action runs a server action automatically on a cron schedule; it can also be executed manually from the technical menu.