Odoo Accounting helps companies manage their daily accounting with the utmost ease and simplicity. Users can access a global view of the state of their business at any time. Accounting is fully integrated with the Sales, Inventory, eCommerce, and Purchase apps, as well as the customer portal, making it, by far, the most seamless, user-friendly Accounting around.
All-in-one Financial Solution
All financial activities can be managed within the single Odoo Accounting app. Users can utilize:
Bank Synchronization: Synchronize with one of 24,000 banks to make it easier to link a payment with a statement, based on the transaction on your bank account.
Statement Files Import: Upload OFX, QIF, CSV, or Coda files to complete the reconciliation process
List View: Have greater visibility on document statuses and next activities
Automation for primary day-to-day tasks is more than possible - it’s easier than ever! To facilitate accounting management, Odoo automates a series of tasks, such as the creation of draft invoices based on the sales orders. The manager can validate the invoice if the sales order is correct, instead of creating a brand new one.
Odoo offers a variety of solutions for making sure companies are being paid and paying who they need to. Overdue payments will be a thing of the past! Odoo Accounting offers:
Support for major payment gateways: including Authorize.net, Ingenico, Paypal, Adyen, etc
Automatic Email System: remind customers to pay delayed invoices
Overdue Payment Overviews: check all overdue and future payments at once.
“Automatic Transfers:” apply to specific partners for ease in intercompany transactions
Batch Payment Error Reporting: catch any costly errors at a glance
SEPA Credit Transfer Compatability: make batch payments using SEPA Credit
Odoo Accounting supports a wide variety of multi-adaptations to fit every company’s specific needs. These include:
Multi-currencies: Includes daily updates to exchange rates
Multi-company support: Divide journals based on each different company or department on your Odoo database
Multiple Users: Create access rights for each type of user of your database.
It is possible to analyze your performance through the various reports generated by this powerful app. Reports have:
Integrated Best Practices KPIs: Improve performance with these standards activated by default
Section Meaning: Easily find what sections mean for your company with new report design native to Odoo 14
“Unrealized Gains and Losses:” Generate reevaluation journal entries.
Strengths of Odoo Accounting
- Fully integrated
- Easy to use
- Support for major payment gateways
- Certifications: GDPR