Odoo Accounting is adaptable for use in any country. The Fiscal Localization Packages automatically set up your database with the appropriate taxes, fiscal positions, chart of accounts, and legal statements specific to your country, allowing you to begin working right away.
The native iOS and Android apps provide full access to all features, ensuring a seamless user experience. With minimal data transfer, they offer fast performance, even on slow internet connections.
Upload your scanned PDF or image files, and let Odoo automatically process them with its AI-powered digitization feature.
With a single subscription, you can manage all your subsidiaries within the same system and access real-time consolidation reports. Additionally, you can streamline operations by automating business flows using intercompany rules.
Customize your document design by adjusting colors and fonts, and select the ideal invoice template to suit your company’s needs.
Odoo automatically generates draft invoices based on sales orders, subscriptions, timesheets, or delivery orders.
Generate a customer or vendor credit note directly from the customer invoice or vendor bill.
Set up alerts when creating invoices and sales orders for partners who exceed their total receivable limit.
Benefit from daily updates to currency exchange rates.
Review, edit, and reconcile your journal entries by category: purchases, sales, bank and cash, and miscellaneous.
Enable customers to pay online using their preferred payment methods. Odoo supports major payment gateways, including Stripe, Authorize.net, Ogone, PayPal, Adyen, Alipay, and many others.
Empower your customers with the Customer Portal, where they can view, download, and pay their invoices online. They can also manage their subscriptions, sign documents, track order status, send messages, and more.
Secure your credit collection with automated processes: follow-up emails, letters, SMS, and tasks that remind customers when needed.
Include a QR code on your invoices to allow customers to make payments easily using their mobile banking app.
With SEPA direct debit, you can automatically collect payments and set up direct debit mandates for customers.
With SEPA direct debit, you can automatically collect payments and set up direct debit mandates for customers.
With SEPA direct debit, you can automatically collect payments and set up direct debit mandates for customers.
Automate supplier payments across the SEPA zone using SEPA Credit Transfer (SCT).
Utilize batch payments to consolidate multiple payments, simplifying the reconciliation process and bank check deposits.
Receive suggestions for supplier bills to pay and print checks in batches with just a few clicks.
Receive suggestions for supplier bills to pay and print checks in batches with just a few clicks.
Synchronize your bank statements and benefit from automatic bank feed imports directly within Odoo.
Easily monitor every cash transaction with detailed starting and ending balances.
.Import your bank statements in any format you prefer, including .OFX, .QIF, .CSV, .CAMT.053, or CODA files.
Receive automatic reconciliation suggestions and quickly register additional journal entries as needed. The manual reconciliation interface supports both open and paid invoices, and account numbers are learned from initial manual reconciliations. Odoo automatically matches 95% of invoices and payments. For the remaining 5%, the smart matching tool is both fast and convenient.
Receive suggestions for both partial and full reconciliations directly from the invoice or bank statement.
Any changes in your accounting are immediately visible, enabling a detailed audit to understand each entered value.
Odoo’s tax engine accommodates various tax calculations, including price-inclusive/exclusive, percentage-based, grid, tax on taxes, partial exemptions, and more.
Obtain your tax reports in either accrual or cash-based formats, tailored to your country’s taxation regulations.
Easily review how your tax report is calculated for audits by using the tax audit report—simply click on a line to see the details.
Invoices up to this date will not be considered for accounting entries.
Report your income and expenses to your tax authority using Odoo’s cash basis feature.
Automatically organize your analytic accounts based on projects, contracts, departments, and more.
Use the Analytic JS widget on invoices and bills to create analytic distributions instantly. You can also set up templates tailored to your needs for even quicker processing.
Manage multiple analytic plans and sub-plans with specific conditions, allowing you to customize analytic dimensions and axes to fit your company’s needs.
Monitor your budget and compare actual performance against various budgets. Manage the budget for both your financial accounting and analytic accounts.
Access all your analytic items and easily perform mass edits without needing to open individual invoices.
Track assets and depreciation schedules while automatically generating amortization entries. Manage all asset-related events with just a few clicks.
Manage multi-year contracts, automate deferred revenue and expense entries, and gain a clear view of your recurring income and expenses.
Use the cut-off feature to adjust specific amounts in journal entries across different periods.
Odoo allocates part of the amount to your selected account, and with Automatic Entries, you can also mass edit multiple journal entries simultaneously.Integrate third-party applications with the Odoo web service API. Odoo supports all programming languages, including Python, PHP, Java, C#, Ruby, and more.
Utilize the built-in import-export tool for bulk data management. You can export data, make updates, and re-import it using Excel sheets.
Automatically apply the correct tax rates based on U.S. zip codes and product categories. Tax Cloud calculates sales tax in real-time for every state, city, and special jurisdiction across the U.S.