Personal finance on Odoo
Budget: $10 – $30 USD
I am looking for a freelancer to help me set up a Personal Finance system on Odoo that is:
1. Personal but scalable – I can manage my own finances, as well as my spouse’s or friends’, all under the same company in Odoo.
2. Simple and easy-to-understand – I do not have accounting experience, so the system and explanations must be clear.
Requirements
1. Design a detailed Chart of Accounts
• Assets: Bank accounts, investment accounts, physical gold
• Liabilities: Personal loan, credit cards, installment obligations
• Equity: Owner Capital, Retained Earnings, Unrealized Investment Reserve
• Income: Salary, certificate interest, realized investment gains
• Expenses: Living expenses, financial expenses, investment expenses
2. Set up accounts in Odoo for each person individually
• Each person should have their own account group under the same company
• Assign account codes and clear names
• Set the Account Type (Bank / Asset / Liability / Equity / Income / Expense)
• Create journals for all cash or liability movements
3. Write clear and simple descriptions for each account
• Example:
1101 – NBE Saving Account – “NBE Savings account to track actual cash balance.”
• Descriptions should be easy to understand for a non-accountant
4. Set up key reports for each person
• Balance Sheet
• Profit & Loss
• Cash Flow Statement
• Monthly Cash Overview – Shows total cash available at the end of each month from all accounts, with optional inclusion of available credit card balances as a reference
5. Create a centralized and scalable dashboard
• Shows actual cash + available credit card balances
• Each person’s data is separate but managed under the same company
• I can track all accounts and also be part of the people whose finances the company manages
6. Provide step-by-step guidance and communication
• It is very important that we communicate and go through everything together
• The freelancer should be patient and able to explain all steps clearly for someone without accounting knowledge
Freelancer Requirements:
1. Practical experience with Odoo Accounting
2. Experience designing scalable multi-person systems
3. Ability to simplify accounting concepts and write clear account descriptions
4. Able to train and guide on managing accounts and reports
1. Personal but scalable – I can manage my own finances, as well as my spouse’s or friends’, all under the same company in Odoo.
2. Simple and easy-to-understand – I do not have accounting experience, so the system and explanations must be clear.
Requirements
1. Design a detailed Chart of Accounts
• Assets: Bank accounts, investment accounts, physical gold
• Liabilities: Personal loan, credit cards, installment obligations
• Equity: Owner Capital, Retained Earnings, Unrealized Investment Reserve
• Income: Salary, certificate interest, realized investment gains
• Expenses: Living expenses, financial expenses, investment expenses
2. Set up accounts in Odoo for each person individually
• Each person should have their own account group under the same company
• Assign account codes and clear names
• Set the Account Type (Bank / Asset / Liability / Equity / Income / Expense)
• Create journals for all cash or liability movements
3. Write clear and simple descriptions for each account
• Example:
1101 – NBE Saving Account – “NBE Savings account to track actual cash balance.”
• Descriptions should be easy to understand for a non-accountant
4. Set up key reports for each person
• Balance Sheet
• Profit & Loss
• Cash Flow Statement
• Monthly Cash Overview – Shows total cash available at the end of each month from all accounts, with optional inclusion of available credit card balances as a reference
5. Create a centralized and scalable dashboard
• Shows actual cash + available credit card balances
• Each person’s data is separate but managed under the same company
• I can track all accounts and also be part of the people whose finances the company manages
6. Provide step-by-step guidance and communication
• It is very important that we communicate and go through everything together
• The freelancer should be patient and able to explain all steps clearly for someone without accounting knowledge
Freelancer Requirements:
1. Practical experience with Odoo Accounting
2. Experience designing scalable multi-person systems
3. Ability to simplify accounting concepts and write clear account descriptions
4. Able to train and guide on managing accounts and reports