Worldwide compatibility

Odoo is pre-configured to address your country's requirements: charts of accounts, taxes, country-specific reports, electronic invoicing, audit files, and fiscal positions to automatically apply the right tax rates and accounts.

Automated follow-ups

Odoo helps you identify late payments and allows you to schedule and send the appropriate reminders based on the number of days overdue. You can send your follow-ups via different means, such as email, post, or SMS.

Real-time reporting

Real-time financial performance reports, empower you to make informed decisions for your business. Additionally, you can easily annotate, export, and access detailed information for each report.

Deferrals

Defer your revenues and expenses, either manually or on each invoice/bill validation. You can also audit the entries from dedicated reports.

Electronic invoicing (EDI)

Various EDI file formats are available depending on your company's country. Send and receive electronic invoices in multiple formats and standards, such as Peppol. List of supported formats

Dynamic taxes and accounts

No matter where your customers and suppliers are established, if they have a Tax ID or not, if the goods are sold cross-border, Odoo computes the right taxes and income or expense accounts.

Worldwide compatibility

Odoo Accounting can be used in any country.*

The Fiscal Localization Packages pre-configure your database according to your country's taxes, fiscal positions, chart of accounts, and legal statements so that you can start working immediately.

* Check compatibility for your country with your salesperson.

Mobile apps

iOS and Android native apps cover 100% of the features. Low data transfer to get a fast user experience even on slow internet connections.

AI-powered invoice digitization

Upload your scanned PDF or image format files and let Odoo encode them automatically, thanks to the AI-powered digitization feature.

Attractive Invoice Templates

Fine-tune your documents' design by adjusting the colors and fonts and choosing the best invoice template for your company.

Overview of your journal entries

Review, edit, and reconcile your journal entries by journal types: purchases, sales, bank and cash, and miscellaneous.

Instant invoice draft

iOS and Android native apps cover 100% of the features. Low data transfer to get a fast user experience even on slow internet connections.

Credit Notes and Refunds

Create a customer or vendor credit note directly from the customer invoice or vendor bill.

Sales credit limit

Trigger alerts when creating Invoices and Sales Orders for Partners exceeding their total receivable amount limit.

Multi-currency support

Enjoy currency rates updated daily.

Online Payments

Allow customers to pay online via payment methods of their choice. Odoo also supports main payment gateways such as Stripe, Authorize.net, Ogone, PayPal, Adyen, Alipay, and many more.

Customer Portal

Empower your customers through the Customer Portal. Let them view, download, and pay their invoices online. They can manage their subscriptions, sign documents, track order status, send messages, and more.

Automated follow-ups

Ensure your credit collection with automated processes: follow-up emails, letters, SMS, and automated tasks to remind your customers when necessary.

Mobile payment with QR Codes

Add a QR code to your invoices so customers can pay effortlessly with their mobile banking application.

Direct Payments

With SEPA direct debit, you automatically collect your automated payments and create direct debit customer mandates.

Batch Payments

Use batch payments to group different payments and ease the reconciliation process and bank check deposits.

Automate wire transfers

Automate supplier payments throughout the SEPA zone with SEPA Credit Transfer (SCT).

Print checks

Get suggestions for supplier bills to pay and print checks in batches in just a few clicks.

Automate bank feeds

Synchronize your bank statements and enjoy automatically imported bank feeds straight within Odoo.

Automate wire transfers

Automate supplier payments throughout the SEPA zone with SEPA Credit Transfer (SCT).

Import Statements

Import your bank statements in any format you wish: .OFX, .QIF, .CSV, .CAMT.053, or CODA files.

In-depth and dynamic statements

Synchronize your bank statements and enjoy automatically imported bank feeds straight within Odoo.

Advanced Taxes Management

Odoo's tax engine supports a wide range of tax computations: price included/excluded, percentage, grid, tax on taxes, partial exemptions, etc.

Tax reports

Get your tax reports in accrual or cash-based formatted according to your country's taxation regulations.

Tax Audit Report

Check easily how the tax report is computed for your audits through the tax audit report, just by clicking on a line.

Cash basis taxes

Report your income and expenses to your fiscal administration thanks to the Odoo cash basis feature.