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Business Segment Financial Statement

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Nikunj Shah

Hello 

I have Single Company and three branches, multiple Departments, and 8 warehouses. 

The structure Looks Like

Company A

Region

  Branch A

   Branch  B

   Branch C


Departments

Production

  Quality

   Shopfloor

 HR

   Admin

   Similarly there is a hierarchy and i need to have financial Statement for Region and within that it should show Branches, Likewise for others.

Tried Using Analytic Accounts, It does not work the way i need the reports, Any help

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Nikunj Shah
Author Best Answer

Hi 

Thanks for the answer but there are no longer analytical Tags available in latest ODOO.

Also, Departmental hierachy does not keep in a presentable format. Do you have any video on how to make the same

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MUHAMMAD Imran
Best Answer

To achieve the desired financial statements hierarchy in Odoo 16 or 17, you can utilize Analytic Tags and Analytic Accounts in combination with Odoo's reporting capabilities. Here's how you can set it up:

  1. Analytic Tags:
    • Create Analytic Tags for each level of the hierarchy you want to represent (e.g., Region, Branch, Department).
    • Assign Analytic Tags to each transaction (e.g., sales, purchases, expenses) to categorize them according to their respective level in the hierarchy.
  2. Analytic Accounts:
    • Create Analytic Accounts for each branch, department, and warehouse.
    • Assign Analytic Accounts to transactions to track their financial impact on specific branches, departments, and warehouses.
  3. Financial Reports:
    • Utilize Odoo's financial reporting features (e.g., Profit & Loss, Balance Sheet) to generate reports.
    • Customize the reports to include Analytic Tags and Analytic Accounts for the desired hierarchy.
    • Group transactions by Analytic Tags to show financial data at the Region, Branch, and Department levels.
    • Drill down into the details to view financial data for individual branches, departments, and warehouses.
  4. Consolidation (if needed):
    • If you require consolidated financial statements for the entire company or specific regions, utilize Odoo's consolidation features to aggregate financial data from multiple branches and departments.

By leveraging Analytic Tags, Analytic Accounts, and Odoo's reporting capabilities, you can create customized financial statements that reflect the hierarchy of your company, regions, branches, and departments in Odoo 16 or 17. If you encounter any challenges or need further assistance, consider reaching out to an Odoo consultant for additional support

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