Keep your finger on the pulse of your business and make decisions based on the numbers with comprehensive financial reporting. Create on-demand reports, set budgets, and track your finances all in one place!
Odoo Accounting supports a full package of GAAP financial statements.
Generate reports for accounts receivable, accounts payable, and more.
Generate sales tax reports based on your local tax rate.
Track and manage expenses across staff, departments, projects, and more.
Odoo supports a full package of U.S. GAAP financial statements (cash basis/accrual basis) with the option to track and trace transaction details under each category.
Odoo supports Aged Account Receivable (AR) reports, Aged Account Payable (AP) reports, and a combined report for Partner entities for which a Partner is both a vendor and a customer.
Your sales tax report is generated based on your local tax rate per period to support sales tax reporting to your required entities.
Track the expenses of individual staff, departments, or projects seamlessly with analytic accounting and tagging. Odoo Accounting uses analytic accounting tags to help you control costs and budgets in your income and expense accounts. This feature helps you monitor multidimensional and multilayered reports across teams, departments, projects, and expenses.
Create an overview of key financial factors to support your Executive and Leadership teams in strategic decision-making. This report is not only comprehensive, it is optimized for non-accounting and non-finance personnel to understand and leverage.
Combined Financial Statements
Combine your financial statements with a single click using Odoo’s native multi-entity support.
With a full collection of budget components, Odoo Accounting allows you to set expected income, expenses, liabilities, and earnings for a future period. Quickly and easily run reports to compare actual performance against your projected budget.
Combine the power of Excel and Odoo Accounting data with simple import/export features that allow you to convert between the two platforms seamlessly.
Optimize capital deployment with clear visibility into future cash flow. Odoo Accounting’s budgeting solution allows you to plan for different financial scenarios with the ability to apply best practices.