Accounting
Full double-entry. Multi-currency, multi-company, audit-clean.
Chart of accounts, journals, multi-currency, tax engine, fixed assets, banking and reconciliation, financial statements. Country-localised for the regimes that matter to you (GST, VAT, ZATCA, PEPPOL, NF-e, CFDI, SAF-T) and integrated into every other module from day one.
Capabilities
What Odoo Accounting actually does.
Out of the box, configurable. The five capabilities most Accounting customers lean on.
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01
Chart of accounts and journals
Localised charts for 70 plus jurisdictions out of the box, customisable to your business, with daily, monthly, and year-end close routines that lock cleanly.
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02
Multi-currency
Customer-currency invoicing, supplier-currency bills, internal-currency reporting, FX gains and losses journaled at receipt or revaluation.
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03
Tax engine
GST, VAT, sales tax, withholding tax, reverse charge, and the country-specific edge cases. Configured to your jurisdiction with the e-invoicing schemes that apply.
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04
Banking and reconciliation
Bank feeds via Plaid, Yodlee, or direct connectors. Auto-suggested matches, rule-based reconciliation, daily closing process for high-volume businesses.
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05
Financial reports
Profit and loss, balance sheet, cash flow, aged receivables and payables, drill-through to the source transaction. Custom dashboards in Odoo or in Power BI.
Common combos
Modules deployed alongside Odoo Accounting.
- Sales Sales Quotations, sales orders, eSignature, contract templates, and customer-specific pricing in a single workflow. Read more →
- Inventory Inventory Multi-warehouse inventory with batch and lot traceability, putaway and removal strategies, cycle counting, replenishment rules, landed cost, and the barcode flow your warehouse team will actually use. Read more →
- Human Resources HR Employee directory, recruitment, time off, attendances, expenses, fleet, performance, and the integration to specialist payroll providers your country requires. Read more →
- Project Project Project tracking with kanban and gantt, time logging tied to billing, project profitability built from real cost, milestone-based revenue recognition, and the customer-portal visibility your clients now expect. Read more →
- Subscriptions Subscriptions Subscription products with billing cycles, upgrades and downgrades, free trials, dunning, retention workflow, and the MRR and churn analytics your investors want to see. Read more →
Integrations
Where Odoo Accounting plugs in.
Off-the-shelf and custom integrations our customers use most. Anything not listed is buildable; we will scope it cleanly.
- Bank feeds (Plaid, Yodlee)
- AvaTax
- Vertex
- Xero (migration)
- MYOB (migration)
- QuickBooks (migration)
- Stripe
- PayPal
- PEPPOL access points
- ZATCA Phase 2 e-invoicing
- NF-e for Brazil
- CFDI for Mexico
- Power BI
- Tableau
Top industries
Where Odoo Accounting earns its place.
Frequently asked
Questions about Odoo Accounting.
Is Odoo Accounting good enough for my external auditor? +
Yes for almost every mid-market business. Audit trail per record, journal entry traceability, lock-period controls, role-based access. We have configured Odoo for IFRS and AASB-aligned audits without exception.
Does Odoo handle revenue recognition under ASC 606 or AASB 15? +
With configuration, yes. Manual or automated revenue recognition tied to milestones, percentage of completion, or input-based methods. We configure to your accounting policy.
How does Odoo localisation work for our country? +
Country localisations install a chart of accounts, taxes, fiscal positions, statutory reports, and where applicable e-invoicing schemes (PEPPOL, ZATCA, NF-e, CFDI, SAF-T). Coverage is broad; we will confirm your jurisdiction in a discovery call.
Can we close a period and lock it? +
Yes. Period locks prevent posting to closed periods. Approval rules can require finance manager sign-off before re-opening. Audit log preserved.
Other modules
Eleven more in the suite.
Ready to deploy Odoo Accounting?
A short note is enough. We answer in person, within one business day.