ACCOUNTING & FINANCE MODULE

The Odoo Accounting App offers a comprehensive and user-friendly solution for managing all financial aspects of a business. It features robust tools for accounts receivable and payable, bank synchronisation, invoicing, expense tracking, and financial reporting. With real-time data and seamless integration with other Odoo modules, this app enhances financial accuracy, streamlines workflows, and supports informed decision-making, making it an essential tool for businesses of any size aiming for efficient and effective financial management.

Analytic Accounting

Analytic accounting helps you track costs and revenues, as well as analyse the profitability of a project or service. When creating your journal entries, the system allows the distribution of costs in one or more analytic accounts.

Hierarchies of Cost Accounts: Structure automatically your analytic accounts based on projects, contracts, departments and other options.

Fully Integrated: Get analytic entries automatically produced based on timesheets, supplier bills, work orders or other documents..

Analytic Distribution: Distribute one accounting entry into multiple analytic accounts by using analytic tags and flexible distribution.

Multiple-Plans: Manage multiple analytic plans with default values and assignations ratios between cost accounts or projects.

Advanced Payment Terms: Support multiple payments for one invoice, cash discounts, advance invoice and partial reconciliations.

Analytic Accounting

Accessible wherever, whenever.

Time-saving tools to make your life easier

Monitor and analyse your figures to grow your business

Smart Reconciliation Tool

Get automatic reconciliation propositions and register extra journal items on the fly.

AI-Powered Invoice Digitisation

Uses OCR and artificial intelligence technologies to encode automatically your business documents in your accounting.

Assets

Set up your assets models and never deal with your depreciation entries anymore.

Accruals

Automatically spread in multiple entries to reflect your deferred revenue and deferred expenses, created in draft mode and posted periodically.

AI-Powered Invoice & Bill Automation

AI that makes fewer mistakes than human accountants

Scanned documents are converted with an Optical Character Recognition (OCR) engine before being processed by the AI. If you upload a PDF file directly received from your supplier, embedded metadata is identified first, thereby improving accuracy.

  • Unmatched Accuracy
  • No Manual Bills Processing
  • Simplify your Workflow
  • Image Recognition
  • Metadata Recognition

Your Reports, the way you like them

Instant, Generic, and Dynamic Reports

Annotate, export to xsl and see the detail of reports easily.

Limitless Reports, any time

To allow you to correctly manage your financial and legal statements.

Compliant Tax Reports

Get government-compliant tax reports in either accrual or cash basis methods.

Compare your figures between periods

Choose the periods you want and quickly see the comparison.

Spreadsheets

Prepare, analyse and store your reports in spreadsheets, benefitting from data communication and management.

Access Detailed Data

Easily click on your your report lines and access key information quickly.

Monitor and analyse your figures to grow your business

Ease the analytic distribution on invoices and bills thanks to a dedicated custom widget

Manage multiple analytic plans and sub-plans to shape your own analytic multi-dimensions/axes

Structure your analytic accounts automatically based on projects, contracts, departments, etc.

Use budgets to compare actual with expected revenues and costs