Create invoices easily
You can create your customer invoices really easily directly from the Odoo Accounting module or from a Sale Order. Odoo will manage Taxes, Payment Terms, discounts and price lists. It will help your business to invoice easily.
Configure advanced payment term
You can create advanced payment term like payment in multiple times with different delay.
Easy payment reconciliation
You can easily create a payment on the customer invoices directly or reconcile directly the payment received from your bank statement. It is very easy and it will save you a lot of time.
We can configure your payment acquirer and your customer will be able to pay online directly.
Aged receivable balance
With the Aged Receivable balance, you have a clear and accurate view of your overdue payment.
You will configure your follow-up flow and the system will guide you to do your follow-up. You can also automatize this process and Odoo will send follow-up email for you.
Your customers can access to their invoices, check the status and even paid online directly.
Automatic Vendor Bill completion
Odoo Accounting will digitalize your vendor bill and automatically extract the information with an amazing Artificial Intelligence.
Employees can create expenses. The expense will follow a validation process and then you can easily do the payment for them.
Control vendor bills
Odoo accounting is linked with Odoo Purchase. You can control the vendor bill received regarding the purchase order and also regarding the real quantity received.
Pay your bills
Automate wire transfers
You can paid your vendor bill and generate easily a payment file with all the expected payment date in.
You can print your check directly from Odoo accounting.
Bank and Cash
Your bank statements are directly imported in Odoo Accounting and you can do your bank reconciliation easily.
You can track all your cash transaction with opening and closing.
You can create reconciliation models that will suggest you how to reconcile. You can even automatize your reconciliation.
You can easily track your payment and reconcile them with your bank statements. You can control your outstanding payment at any moment.
Odoo supports all currencies and you can connect with multiple sources to get the rate updated daily. Odoo accounting will manage automatically your transaction in different currencies and write the exchange difference.
You can integrate all your subsidiaries in the same accounting software. You can create consolidate report even if the chart of accounts are different on each company. Odoo Accounting can also automatized you inter-company flows with specific rules. You can manage all your business at the same place.
Profit & Loss
You can run your profit & Lost report in real time. Odoo accounting can also help you to configure your accounting to have an accurate profit and lost report by month.
You will access a very powerful general ledger and be able to navigate easily.
You get your tax report ready depending on your country You manage your sales tax easily.
Cash flow statement
You can easily follow your cash flow.
You don't need to close and open your fiscal years. Your balence sheet report is very easy to navigate and search.
You can create your own specific analytic account in order to be able to follow your profitability and budget regarding your own analysis axis.
You can define budgets for Expense and budget for Sales and you can track it day after day and manage the finance of your company.
Manage subscriptions and recurring revenues. The recurrent invoice is generated automatically, send to the customer. You can even save his credit card information and charge the customer directly.
If your subscription is for a long period, you can generate automatically deferred revenues and spread your income on multiple years.
You can track your asset and configure the depreciation. The amortization entries will be generated automatically.
Your bank statement are directly imported in Odoo Accounting and you can do your bank reconciliation easily.
If you use the inventory module in Odoo, you can activate the automatic inventory valuation. With this option, your inventory valuation is automatically updated from the inventory.