Accounting Solutions

Odoo’s Accounting solution provides a complete, easy-to-use, and fully integrated financial management system designed to simplify bookkeeping, ensure compliance, and deliver real-time visibility into your company’s financial health. Whether managing a small business or a large enterprise, Odoo Accounting automates key processes, reduces manual work, and supports smarter, faster decision-making with accurate financial data at your fingertips.

Included Applications:

• Accounting
  Manage all financial operations, including accounts payable, accounts receivable, journal entries, general ledger, and bank reconciliations. Automate recurring entries and easily handle multi-currency transactions.
• Invoicing
  Create and send professional invoices, manage billing cycles, automate payment reminders, track customer payments, and handle partial payments, credit notes, and payment terms with ease.
• Expenses
  Allow employees to submit expense reports for approval and reimbursement. Track, validate, and account for employee expenses seamlessly within the accounting system.
• Documents
  Digitize and manage bills, receipts, vendor documents, and financial records. Easily attach supporting documents to journal entries and invoices, streamlining audits and improving record-keeping.
• Payroll (optional depending on region)
  Manage employee payslips, taxes, benefits, and deductions. Integrate payroll directly into accounting for automatic journal entries and full traceability.
• Purchase
  Automate vendor bill processing by integrating purchases with accounting. Control spending, manage supplier invoices, and ensure timely payments with full visibility into your company’s procurement expenses.
• Sales Integration
  Synchronize invoices with sales orders and customer payments, ensuring a seamless order-to-cash process.
• Bank Synchronization
  Automatically sync with your bank accounts to import and reconcile transactions. Support for bank feeds reduces manual entry and ensures up-to-date cash position monitoring.
• Tax Management
  Configure and manage multiple tax rates, handle tax-included or tax-excluded prices, and automatically generate tax reports for filing.
• Analytic Accounting
  Set up analytic accounts and tags to track profitability by project, department, product line, or campaign for more granular financial analysis.
• Budget Management
  Set, monitor, and control budgets to ensure your company stays financially disciplined and achieves its financial goals.
• Multi-Company and Multi-Currency
  Manage multiple companies, different currencies, and inter-company transactions all from a single Odoo environment.
• Financial Reporting
  Generate key financial statements like the Balance Sheet, Profit & Loss (P&L), Cash Flow Statements, and customizable reports with real-time data for better business insights.