Batch payment in odoo 18

 

The Batch Payment option in the Odoo Accounting module enables businesses to combine multiple vendor bills, invoices, or payments into a single transaction. This feature is especially helpful for processing bulk payments to multiple suppliers or customers at once, streamlining the payment process and reducing manual effort.

 

Once you turn on this feature, you will get the batch payment option under the Customers and Vendors menu. By clicking “New,” you can create a new batch payment effortlessly. Whether your company manages customer or vendor transactions, an Odoo integration company can help you set this up efficiently to improve cash flow management.

 

Odoo supports two types of payments: inbound and outbound batch payments. Inbound batch payments are used to group multiple customer payments, while outbound batch payments are used to batch vendor payments. After selecting the batch type, you can choose the bank from the dropdown menu. You can also specify the payment method for payment registration, along with the date and reference in the designated fields.

 

Under the Batch Content tab, you can add the payments you want to include in the batch.

You can select the Validate button after adding a list of payments to the batch.

After validating  batch payment the stage is changed into Sent, meaning the payment needs to be compared to the bank statement.

 

 

To reconcile items on the related bank account, go to the Accounting Dashboard and click on "Reconcile Items." Then, navigate to the Batch Payments tab, select a specific batch, and click "Validate" to finalise the process.