Odoo Accounting

Configure once: accounts, taxes, journals

Your chart of accounts, VAT positions, and payment terms are set during implementation. Fiscal positions then apply the correct taxes automatically per customer country — crucial for intra-EU B2B sales and OSS rules.

Invoices and bills flow in automatically

Customer invoices generate from sales orders, delivered quantities, or project timesheets. Vendor bills arrive by email and become draft entries ready to validate — with three-way matching against purchase orders and receipts.

Bank reconciliation in minutes

Import bank statements or connect a feed. Odoo's reconciliation engine matches transactions to open invoices and suggests counterparts; recurring items like bank fees are handled by reconciliation models you define once.

Payments and follow-ups

Register payments, generate SEPA credit-transfer files for vendor batches, and let automated follow-up levels chase overdue customers with escalating reminders — politely, and without anyone maintaining a spreadsheet.

Report, declare, close

VAT reports, balance sheet, profit and loss, general ledger, and aged partner balances are available at any moment. Period locks and closing entries keep past months immutable once declared.