Accounts Receivable & Payable
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Invoice Digitization: AI OCR reads vendor bills and customer invoices automatically.
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Duplicate Bill Detection: Flags duplicates before posting to prevent errors.
- Instant Drafts: Generate invoices automatically from sales, projects, or subscriptions.
- Credit Control: Get instant alerts when customers exceed credit limits.
- Automated Follow-Ups: Send automated reminders via email, SMS, or WhatsApp to keep cash moving.
- Refunds & Credit Notes: Create directly from any invoice or bill.
- Multi-Currency Support: Daily exchange-rate updates for global operations.
Easy Payments & Collections
- Online payments: Accept Stripe, PayPal, Authorize.net, Adyen, Alipay, and more.
- Customer Portal: Let customers view, download, and pay invoices online.
- QR Payments: Enable one-tap mobile payments via banking apps.
- Direct Debit: Collect recurring payments automatically through SEPA mandates.
Vendor Payments & Intercompany Clearing
- Batch Runs: Group multiple bills and pay with one click.
- Electronic Transfers: Automate ACH and ISO20022 payments worldwide.
- Check Printing: Print checks in bulk directly from Odoo.
- Approval Flows: Set up multi-level approvals for large or sensitive payments.
- Intercompany Clearing: Automatically create and reconcile intercompany bills and invoices across your group companies.
Bank & Cash Management
- Bank Feeds: Import OFX, QIF, CSV, CAMT.053, or CODA statements automatically.
- PDF Preview: View attachments directly inside the transaction list.
- Smart Reconciliation: Match ≈ 95 % of transactions automatically with AI-powered reconciliation.
- KYC Verification: Verify payments automatically with built-in KYC checks.
- Audit Locks: Protect posted periods with lock dates and immutable logs.
Reporting & Controls
- Live KPIs: Track performance across entities in real time.
- Predictive Cash Flow: Forecast liquidity with AI based on payment behavior.
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Anomaly Detection: Detect tax errors or unusual entries automatically with AI.
- Annual Statements: Composite Balance Sheet, P&L, and Trial Balance in one report.
- Spreadsheet 3.0: Model scenarios directly on live financial data.
- Invoice Analysis: Compare totals in company currency for global consistency.
- Scheduled Reports: Auto-generate month-end and board packages.
- Minority Interests: Include partial ownership and non-controlling stakes automatically in consolidated reports.
Budgets & Analytics
- Analytic Accounting: Track costs by project, department, or contract.
- Budget Control: Compare actuals against plans instantly.
- Sub-Plans & Hierarchies: Build multi-dimensional views for deeper insight.
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Assets & Revenue Recognition
- Asset Register: Track, depreciate, and report fixed assets automatically.
- Deferred Entries: Distribute revenue and expenses across periods.
- Cut-Off Adjustments: Apply one-shot or recurring deferrals easily.
- Mass Editing: Update multiple records in one action.
Global Compliance
Odoo Accounting meets international and local standards in 80 + countries.
United States | GAAP reporting, 1099, TaxCloud real-time sales tax, ACH & check printing. |
| European Union / UK | IFRS, PEPPOL PINT e-invoicing, EU VAT rules, ISO20022 payments. |
| Germany / Austria | GoBD, DATEV 2.0, SKR03/04, XRechnung / ZUGFeRD. |
Switzerland | QR-Bill, ISO20022, VAT return integration. |
Canada / Australia / New Zealand | IFRS, GST/BAS compliance, Peppol PINT. |
