How 2-way reconciliation works in Odoo

In Odoo you can choose between 3 types of reconciliation: Button to generate counterpart entry, Rule to suggest counterpart entry and Rule to match invoices or bills. At the new reconcile model page enter the Name of the model, select the Type of reconciliation and enable the To Check option if you need to recheck the information entered

Create a purchase order.

1. Log in to your Odoo account and go to the Purchase module by clicking on the "Purchase Orders" menu item.

2. Click on the "New" button to create a new purchase order.

3. Make sure to include all the necessary information such as the item name, quantity, unit price, and vendor information​.

Once you are satisfied, click on the "Confirm Order" button to approve the purchase order.

Only the "assigned purchase team member" can approve purchase orders.

Create the vendor bill

3. In this scenario, we make the payment and generate the invoice before receiving the product from the supplier.

To do this, choose "Create bill" instead of "Receive products", 

Once a bill is created, a draft invoice is generated, allowing you to modify the quantity and price as needed.

4. Go to the "Other Info" section. > Find the "Should be paid" field and select "Yes". > Check the "bill date" Click on the "Confirm" button.

By following these steps, you can ensure that your inventory purchases are accurately recorded in Odoo and that your inventory and accounting records are always up to date.