Odoo is an open source integrated business software, it consists different modules for various functions, though interlinked all under in single system.In Odoo ERP system the accounting is correctly configured with manufacturing, warehouse/inventory, sales, purchase, etc. So you can get the complete report about your business transactions. This helps to correctly track the deliveries, manufacturing, etc. Odoo/OpenERP is a comprehensive suite of business applications including Sales, CRM, Project management, Warehouse management, Manufacturing, Financial management, and Human Resources just to name a few. Odoo/OpenERP offers a choice of over a thousand modules.
Accounting is an important part of an enterprise. This has taking care the responsibility for a financial process like revenue, cash flow, invoices, etc. So maintaining the accounting section is a sensitive thing in an organization. But Odoo ERP system provides an alternative solution for your requirements.
Odoo accounting does work accurately that covers the blow things
General accountings Cost
Third party accounting Taxes management Budgets
Customer and Supplier Invoices
Bank statements Reconciliation process
Creates a dashboard for accountants (list of unvoiced quotations, graph of aged receivables, graph of aged incomes)
An invoice can be generated based on the sales order, purchase order or confirmed shipment. By Odoo accounting/financial module you can follow up your supplier, customers easily and can stop recording the transactions manually.
Manage Bills & Expenses