Odoo accounting has so many features that make it a user-friendly and capable accounting software. There are some cool features like Paypal connectivity, synchronized transaction, instant invoice creating, mail sending, integration with other apps and so on.
2. Features
❑ Time efficiency
❑ Receivable accounts
❑ Get ready to Pay
❑ Payable accounts
❑ Banking and cash
❑ Access rights
❑ Multiples
❑ Performance analysis
❑ Quick and effortless reconciliation
❑ Financial statements
❑ Analytical accounts
❑ Subscriptions
❑ Revenue and assets
❑ Connections
❑ Integrating with
3. Time efficiency
❑ Brilliant user interface
The customers would enjoy a smooth and elegant user
interface.
❑ Collaboration and warnings
Pursue what you're really interested in and get instant
warnings and collaborate easily on documents.
❑ Simple and easy setups
Streamlined preliminary configuration with a progress bar.
1
4. Time efficiency
❑ Interfaces of banks
Have your bank statements synchronized with your bank
instantly. Save Automated Reconciliation time.
❑ Automated data entry
Automate the whole process of invoicing and have time
efficiency
❑ Payment of multiple bills
Capacity to reconcile a bill using a click on the transaction
form with several invoices.
2
5. Time efficiency
❑ Access from anywhere
Have access to accounts from any place through any
smartphone or tablets.
3
6. ❑ Clean and safe Invoices for Customers
Odoo invoices are easy to create, pretty and featured in full.
(Terms of payment, various tax rates, coupons, price lists ...)
❑ Draft proposals on invoicing
Odoo automatically generates draft invoices based on sales
orders, time sheets, or delivery orders.
❑ Advanced Payment conditions
Odoo accounting supports the advanced payment terms like
discounts in invoices, partial payments, partial reconciliation
and so on.
1
Receivable
accounts
7. Receivable
accounts
❑ Reconciliation on - the-spot payment
Once you make an invoice, Odoo immediately recommends
unpaid fees and you won't have to settle them later.
2
8. ❑ Payments by Credit Card
Make the payments easily with the online payment methods
and credit cards.
❑ Old due reports
The old receivables report provides you with a clear outline of
delayed payments.
❑ Understand customer statements
Obtain clear customer statements reports and locate quickly
over the documents to understand each customer usage
situation.
1
Get ready to
pay
9. ❑ Easy Follow ups
Odoo automatically recommends mails, follow-up notes and
activities to ease the process of collecting your credit.
❑ Portals for customers
Through the customer portal the customers can track the
status of their order, invoices, payments and so on.
❑ QR code access
With its banking app, your customers can scan a QR code to
pay. On the PDF invoices QR code is available.
2
Get ready to
pay
10. ❑ Three way matching
Make a comparison the details on the Purchase Order, Vendor
Bill and Receipt to ensure that you are paying the right bill
❑ Expenditures forecasted
Have a straightforward estimate of your unpaid future bills.
❑ Employee spending's
Upload to the vendor bills your scanned PDF or image format
files, and let Odoo automate it with AI.
❑ Digitalizing the bills
Upload to the vendor bills your scanned PDF or image format
files, and let Odoo automate it with AI.
Payable accounts
11. ❑ Make bank feeds instant
Get instant bank streams of your bank.
❑ Statements of importing
If your bank isn't supported, easily import statements using
OFX, QIF, CSV or Coda files.
❑ Administer cash registers
Easily track any cash transaction with open and close.
Banking and cash
12. ❑ Tool for advanced Reconciliation
Automatically get reconciliation proposals, log extra journal
items , search effectively. Manual accounting system, for both
open and payable invoices. Account number learning
depends on the first manual reconciliation. Odoo instantly
matches 95 per cent of invoices & payments and the smart
matching feature helps the remaining 5 per cent to be
completed super quickly.
Quick and effortless
reconciliation 1
13. ❑ Payments Online
Verified online transactions make the payment easy to
reconcile. They often appear in the document's chatter as
alerts for easier follow-up.
❑ Easy overdraft payments
Have partial and complete reconciliation proposal directly
from the bank statement or the invoice.
❑ Report on reconciliation
To facilitate reconciliation, check the variations between your
deposits and your bank statement balance.
Quick and effortless
reconciliation 2
14. ❑ Access Checklists
The permissions to use are fairly flexible. Standard systems of
access for accountants and advisors are already configured.
Access rights
15. ❑ Multiple currencies
Get your currencies automatically updated every day.
❑ Many users
Defines as many users with different access privileges.
❑ Multiple companies
Have all of your subsidiary companies integrated with
consolidation reports in real time into the same system.
Business flows can be automated with rules that apply to inter
companies.
Multiples 1
16. ❑ Multiple journals
Organize the report into several articles (by units, by task type)
for separating tasks across multiple users.
Multiples 2
17. ❑ Reports on Business intelligence
To navigate through the details, use the Odoo pivot table:
consolidations, drill-up / down, community results, filters etc.
There are several regular accounts available-profits & losses,
cash flow figures, accounting forecasts, executive summary
and aged payable / receivables etc. Get Standard Reports and
Account Chart for 80 + Countries. Export to PDF and Excel.
❑ Annotate every report
All reports are completely adaptable so you can easily explore
it. Numerous annotations are developed. Annotate inline
reports to add your managers notes.
Performance
analysis 1
18. ❑ Perpetual close of fiscal year
No need to report accounts from one year to another on the
balance sheet. Instant estimation of P&L based on selected
dates you only have to write down the management of the
closing profits. For non-advisors and all users choose the lock
entry dates.
❑ Dashboards customizable
By assembling custom data create your own dashboard.
Create reports of any period, in accordance with time period.
Get some fields' dynamic computation e.g. Earning YTD.
Filters and dashboard are shared across teams.
Performance
analysis 2
19. ❑ Adjustable KPIs
Determines your own KPIs relying on formulae: gross margin,
expense of gaining consumers, sales growth rate
Performance
analysis 3
20. ❑ P & L statements
Easily go through the data flows from the Profit & Loss
statement.
❑ General ledger
In the general ledger, scan and sort quickly and zoom in to
records in just one tap.
❑ Integrated journal report
The compiled report shows what happened in every journal
arranged month by month.
Financial
statements
1
21. ❑ Tax reports
Have your tax statements in cash or accrual, configured
according to the nation you choose.
❑ Report of tax audit
The tax audit statement lets you check how you have been
estimating the tax report for audit requirements. To audit the
journal items (base and tax in the same article) pick a line in
the tax report and click on the "audit" tab.
Financial
statements
2
22. ❑ Statement of cash flow
Get actual-time cash flow statement with plenty of possibilities
in the filtration.
❑ Advanced management of taxes
Odoo's taxation model facilitates a diverse range of tax
calculations: would include / excluded amount, percentage,
map, royalties, partial exemptions, etc.
❑ Balance sheet statement
Report your current year earnings to your balance sheet
automatically at any time, without having to close / open fiscal
years.
Financial
statements
3
23. ❑ Cost Account hierarchies
Automatically framework your analytical accounts, focused on
projects, contracts, departments, etc.
❑ Distribution management
Allocate one accounting entry through analytics tags and
versatile delivery across several analytics accounts.
❑ Report Analytics
Provide straightforward updates with Hierarchy and Subtotals
on your analytical accounts
Analytical
accounts
1
24. ❑ Completely integrated
Have automatically generated analytical entries focused on
timesheets, manufacturer bills, work orders, etc.
❑ Multi-plans
Handle multiple strategic plans between expense accounts or
programs, with default values and contract ratios.
Analytical
accounts
2
25. ❑ Auto Billing
Using contracts to easily achieve payment and maintenance
sales. Automate periodic notices on invoices, refunds and
renewals.
❑ Portal to Customers
Through the consumer portal the customers will change their
plans, order improvements or downgrade / unsubscribe.
(Based on your Setup)
❑ Renewal Warnings
If contracts need to be extended, the salesperson receives
automatic reminders.
Subscriptions 1
26. ❑ Recurring Income and additional fees
Administer various subscriber proposals, templates and
additional fees.
Subscriptions 2
27. Revenue and
assets
❑ Managing Assets
Track properties, depreciation boards, and create automated
depreciation entries. With only a few clicks control all the
activities on your assets.
❑ Budgeting
Record your budget and start comparing with different
budgets the actual performance. Manage budgets on your
financial or analytical accounts.
1
28. ❑ Recognition of Revenue
Handle multi-year agreements, track reports in accrued sales
and get consistent dashboards on your ongoing revenues.
❑ Dashboard Revenue
Have all your SaaS metrics in a simple dashboard: MRR,
Churn, CAC, CAC, ARR, CLT, CLTV, Productivity .
Revenue and
assets 2
29. ❑ Web-service API
Link apps from third parties to the Odoo Web Service API.
❑ Smooth import-export
For mass import or export use the built-in import-export
function.
❑ Integration of google spreadsheet
Link your Google spreadsheet to Odoo Saas to build your
own dashboard in your own spreadsheet, automatically
dragging Odoo information from it. Really beneficial to
budgets, project plans and so on.
❑ Integration of Tax cloud
Attach the applicable US-based tax rates
Connections
31. For More
Details
Check our company website for Odoo related blogs and
Odoo book.
www.cybrosys.com
Check our YouTube channel for functional and technical
videos in Odoo.
Cybrosys Technologies