Accounting and Invoicing

Odoo Invoicing is a standalone invoicing app to create invoices, send them to your customers, and manage payments.

Odoo Accounting is a full featured accounting app. Accountant productivity is at the core of its development with features such as AI-powered invoice recognition, synchronization with your bank accounts, smart matching suggestions, etc.

See also

• Odoo Tutorials: Accounting

• Accounting Cheat Sheet

• Getting started
  • Main accounting concepts
  • Accounting cheat sheet
  • Initial configuration
    • Initial setup of Odoo Accounting and Odoo Invoicing
    • Chart of Accounts
  • Process overview
    • From Customer Invoice to Payments Collection
    • From Vendor Bill to Payment
• Account receivables
  • Customer invoices
    • Invoicing processes
    • Offer cash discounts
    • Cash rounding
    • Payment terms and installment plans
    • Deferred revenues
    • Credit notes and refunds
    • Add EPC QR Codes to invoices
    • Send your invoices by post (Snailmail)
    • Electronic invoicing (EDI)
  • Customer payments
    • Different ways to record a payment
    • Invoice online payment
    • Register customer payments by checks
    • Batch payments: Batch deposits (checks, cash etc.)
    • Batch payments: SEPA Direct Debit (SDD)
    • Follow-up on invoices
• Account payables
  • Vendor bills
    • Manage vendor bills
    • Purchase receipts
    • Deferred expenses and prepayments
    • Non-current assets and fixed assets
    • Invoice digitization with optical character recognition (OCR)
  • Vendor payments
    • Pay with SEPA
    • Pay by checks
    • Pay several bills at once
  • Miscellaneous
    • Forecast future bills to pay
• Bank and cash
  • Setup
    • Bank and cash accounts
    • Outstanding accounts
    • Manage a cash register
    • Manage a bank account in a foreign currency
  • Bank feeds
    • Bank statements
    • Bank synchronization: Automatic import
    • Ponto as bank synchronization provider
    • Salt Edge as bank synchronization provider
  • Miscellaneous
    • Do a bank wire transfer from one bank to another
  • Bank reconciliation
    • Bank reconciliation process - use cases
    • Reconciliation Models
• Taxation
  • Taxes
    • Taxes
    • Default taxes
    • Fiscal positions (tax and account mapping)
    • EU intra-community distance selling
    • Avatax integration
    • Get correct tax rates in the United States using TaxCloud
    • Manage withholding taxes
    • Manage prices for B2B (tax excluded) and B2C (tax included)
    • Cash basis taxes
    • VIES VAT numbers validation
  • Fiscal year
    • Manage Fiscal Years
    • Do a year end in Odoo (close a fiscal year)
• Reporting
  • Overview
    • Main reports available
    • Create a customized reports with your own formulas
    • Data inalterability check report
  • Declarations
    • Tax return (VAT declaration)
    • Intrastat
• Others
  • Multi-currency system
  • Analytic
    • Analytic account use cases
    • Track costs of human resources with timesheets
    • Track costs of purchases, expenses, subcontracting
  • Adviser
    • Manage a financial budget
  • Inventory
    • Impact on the average price valuation when returning goods
    • Inventory valuation configuration
• Fiscal localizations
  • Overview
    • Fiscal localization packages
    • List of supported countries
  • Localizations
    • Argentina
    • Australia
    • Chile
    • Colombia
    • Colombia (ES)
    • Egypt
    • France
    • Germany
    • India
    • Indonesia
    • Italy
    • Italy (IT)
    • Luxembourg
    • Mexico
    • Netherlands
    • Peru
    • Spain
    • Switzerland