Update my Odoo ERP to Odoo version 18!

What’s new in Odoo 18?

Odoo is the most powerful and advanced ERP system in the world. Version 18, with its new features and enhancements, represents a significant leap forward in business management. Each version brings its own set of innovations, but this update stands out with increased efficiency, improved collaboration, and even more powerful tools to optimize your processes.

A custom database with Odoo Industries

With Odoo 18, Odoo Industries offers a database specifically designed for various industries. With just a few clicks, you get a database that includes all the necessary applications and configurations. This streamlines the setup process and optimizes your operations. This customization allows businesses to save time and become operational quickly.

Simplified project management

Odoo 18 introduces a new top bar, providing quick access to essential project-related information, such as analytics, purchase orders, and timesheets. You can also create and save custom views using the "Save view" feature, enhancing the efficiency of your project management.

New features for your accounting

With Odoo 18, the accounting module introduces several new features, including:

• Bank reconciliation: Quick creation with a clear display of reconciled items.
• Progressive closure locking: Enhanced controls for closing periods.
• Analytical budgets: Automatic cost calculations from supplier invoices, comparing planned versus actual progress.
• Budget alerts: Odoo alerts you in red if expenses exceed the budget.
• Profit and loss statement: Improved data selection with a new selector.

These features are essential for accurate and proactive financial management, enabling better control of cash flows and budget forecasts.

Optimized inventory and barcode management

The Odoo 18 update enhances real-time inventory management through: 

• New BARCODE interface design: Clearer and more organized layout.
• Multi-product scanning with camera (Phone): Real-time inventory updates when scanning multiple products in succession.
• Improved management of defective products: Transfer to the quality control station using a "pull to push" rule (flexible transfer of the product to a new location), then returning the product to its original path after correction.
• New inventory dashboard: Valuation by lots or serial numbers (SNs), allowing you to see the cost paid per unit and calculate the value to be deducted from inventory during delivery.
• New shipping management system: Odoo calculates whether a transfer can fit in each vehicle based on weight and volume and offers a "Map View" that provides an overview of the driver’s route via a map button.

These enhancements are crucial for logistics and inventory control, optimizing inventory processes for businesses with complex supply chains.

Rethinking manufacturing management

Odoo 18 enhances the management of bill of materials (BOM) and manufacturing orders (MO), allowing for flexible instruction management and note-taking:

• Product catalog integrated with BOM and MO: Easily add missing components directly from the product catalog.
• Enhanced "Production Floor": Add notes directly in the manufacturing order and collapse/expand instructions for better readability on the shop floor.

These optimizations are essential for industrial companies looking to better manage their production processes.

A redesigned website 

The redesign of building blocks, the import of custom fonts, and instant translation with AI are key improvements brought by Odoo 18 for businesses with a strong online presence. These enhancements simplify content management on their websites and facilitate adaptation to international markets.

Everything for better management of your Point of sale interface

The new features of the POS module introduced in Odoo version 18 streamline and accelerate the sales process. These enhancements are significant assets for retail businesses and restaurants:

• New interface: Optimized for both desktop and mobile.
• Product variant selection: Faster selection of attributes and variants.
• Barcode search: Scanning a non-existent product instantly creates a new editable product record

Unprecedented improvements for your sales

The new features in the sales module simplify quote management and motivate sales teams, directly impacting commercial performance:

• One-click quote preparation: Adjust shipping costs using the new quote calculator.
• Spreadsheet integration: Configure various elements such as delivery volume or vehicle type, with automatic updates to the quote.
• Custom PDF quotes: Select the information to display (e.g., testimonials, additional info based on customer type).
• Sales commissions: New commission module based on monthly targets.