AURA Real Estate · odoo 18
Property sales, fully automated.
Apartments, commercial space and land, sold on installments inside one odoo. One record drives the payment schedule, the invoicing, the penalties and the revenue entry.
Built-in guarantees
Four things the module handles on its own.
Each one is enforced inside the module, so there is no parallel spreadsheet to keep current.
Automated invoicing
Each scheduled installment is invoiced on its due date, in the contract currency and against the correct ledger account.
Direct integration
Advance and final facturas are filed with the Revenue Service from the same record that drives the schedule.
Multi-currency at NBG rates
The contract can be held in foreign currency while invoices post in company currency, converted at the National Bank rate for the invoice date.
Revenue recognition
Cash collected before handover is held as deferred revenue. Recognition happens at handover, with the advances cleared against it.
Capabilities
The full toolset for installment sales.
AURA runs the whole sale inside odoo, so the schedule never has to live in a separate spreadsheet.
Payment schedules
The plan is generated from the down payment, the term and the closing balloon. Revising the terms produces a new version of the schedule and keeps the old one on file.
Advance invoices
Each installment is invoiced on its due date, in the right currency and against the right account. Nothing depends on someone remembering the date.
Handover & revenue recognition
Revenue is recognized at handover under IFRS 15, on the deferred-revenue model, and the advances are cleared against it.
Automatic late fees
Overdue installments accrue a daily penalty. The penalty invoice is drafted for approval rather than posted straight away. Grace period and ceiling are both configurable.
Payment reminders
Reminders go out in stages, starting before the due date and escalating once it passes.
RS integration
Advance and final facturas are filed with the Revenue Service directly, so nothing is re-keyed into a second system.
Multi-currency
USD and EUR contracts convert at the National Bank rate. Invoices post in company currency; the schedule stays in the currency the contract was signed in.
Live dashboard
Overdue balances, aging, cash flow and pipeline on one screen, with drill-down to the individual installment.
Customer portal
Buyers check their schedule, pay online and sign documents from the portal.
How it works
Four steps from reservation to handover.
One record follows the unit from reservation through to handover.
Unit & contract
Choose an available unit, open the sale order and sign the contract. Once sold, the unit is locked against a second sale.
Payment schedule
Enter the down payment, the term and the rate. The full installment plan is built from there, closing balloon included.
Invoices & payments
Invoicing, reminders and penalties run on their own. Payments post against the schedule as they arrive.
Handover
Handover recognizes the revenue, clears the advances and files the final factura with RS in one action.
Receivables
The full receivables picture, live.
Overdue, aging and cash flow on one screen, with drill-down to the exact installment. Nothing has to be reconstructed at month end.
- Overdue aging in four buckets: 1–7, 8–15, 16–30, and 31+ days
- Cash-flow trend built from payments that actually posted
- Partial payments tracked to the lari against the right installment
- Every figure converted to one currency and directly comparable
Aging analysis (days overdue)
Why AURA
Built for the Georgian property market.
Not a translated foreign product, but an odoo module built around how Georgian developers actually sell.
One unified system
Sales, accounting, the portal and the schedule sit in the same database. There is no nightly sync to fail and nothing to reconcile between systems.
Georgian by design
RS facturas, NBG conversion and installment selling are core features of the module, not workarounds layered onto a foreign product.
Audit-grade history
Revising terms creates a new version of the schedule instead of overwriting the old one. Paid and invoiced installments stay untouched and every change stays traceable.
Transparency for the buyer
The buyer sees the same schedule the accounting team works from, including what has been paid and what is left. That removes most status calls and most of the disagreement at handover.
FAQ
Frequently asked questions
Personalized Consultation
Book a meeting with AURA experts. Discuss your company's specific requirements and evaluate how odoo's architecture aligns with your operational workflows based on real use cases.