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Finance

Odoo Accounting

Odoo accounting software in full: chart of accounts, journals, bank reconciliation, tax reporting, and the financial statements.

What it handles

  • Customer invoices and vendor bills
  • Bank feeds and reconciliation
  • Chart of accounts, journals, and journal entries
  • Tax computation and periodic tax reports
  • Balance sheet, profit and loss, cash flow, and executive summary
  • Multi-currency, assets, and deferred revenue

Odoo documentation 19.4content/applications/finance/accounting

Worth knowing before you commit

Bank synchronization requires a valid Odoo Enterprise subscription. On Community you import statements manually.

Synchronized bank journals refresh every twelve hours by default; you can also fetch on demand.

In Canada

Accounting for a Canadian business

The Canadian localization installs a Canada-specific chart of accounts, thirteen provincial and territorial fiscal positions plus International, and Canadian variants of the balance sheet and profit and loss reports.

The official documentation

Odoo documentation: Accounting

Odoo documentation 19.4content/applications/finance/accounting (corpus 19.4)