Your books are managed seamlessly and accurately

Accounting and Bookkeeping in Odoo managed by us help you grow your business

Our qualified Accountants, headed by CPA and with extensive knowledge of Odoo, will not only help you with Bookkeeping but can also provide reporting and insights so you can take your business to the next level with the right knowledge of numbers.

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Let Us Help You Make The Right Business Decisions By Providing The Right Reports And Analysis At The Right Time

Don’t let accounting be a headache, trust Odoo and us to handle it for you!

Country Expert: US, Canada, Ireland, UK

Industry Expert: Services, E-Commerce, Manufacturing, Real estate, BioTech

Accounting Expertise: Endless

Our Services

Multi-Company Accounting

Accounts Payable

Accounts Receivable

Bookkeeping

Tax Preparation

Financial Reporting

Bank Reconciliation

CFO services

Inventory Management

Multi-Company Accounting

At One Stop Odoo, we understand that businesses We will help you set up your ERP accounting system in Odoo, ensuring that your chart of accounts is properly configured, your accounting policies are established, and your financial statements are accurate. Our experts are familiar with managing multi-company accounting using Odoo, including the Odoo Consolidation application.

Accounts Payable

We can help with processing incoming bills from vendors and compare them to purchase orders issued by the company. Handle daily financial transactions, including verifying, categorizing, and recording data related to accounts payable. Check and reconcile the accounts payable ledger to confirm that all bills and payments are accurately recorded and posted.

Accounts Receivable

We can help with creating invoices in Odoo based on order readiness (Orders to Invoice). Send bill reminders and contact clients as needed (Follow Up on receivables). Prepare reports that provide an overview of accounts receivable for review by management. Enter cash receipts in Odoo and investigate any discrepancies.

Bookkeeping

Our bookkeeping services will help you stay on top of your daily financial transactions, ensuring that your books are up-to-date and accurate. We will also help you reconcile your bank accounts, track your expenses, and generate financial reports.

Tax Preparation

Our tax preparation services will help you stay compliant with local tax laws and regulations, while also minimizing your tax liabilities. We will prepare and file your tax returns on your behalf, provide you with expert tax advice and keep your books updated as per the tax requirements.

Financial Reporting

Our financial reporting services will provide you with the insights you need to make informed business decisions. We will generate customized reports that provide you with key financial metrics, including revenue, expenses, profitability, and cash flow.

Bank Reconciliation

Our accountants can perform the Bank reconciliation process for your business by comparing your company’s financial records with the transactions recorded in its bank account statement so that all records and reconciled and up to date. We’ll ensure that the company's records accurately reflect its financial position and prevents errors and fraud.

CFO services

Through our CFO services we’ll encompass a wide range of financial management tasks critical to your business's success. Providing you with financial expert advice, overseeing teamwork, and ensuring the accuracy of management reporting and cash flow budgeting. We’ll also prepare businesses for investment and funding readiness, mitigate risks, establish internal controls, manage finances post-investment, perform business analysis and cost structuring, and review annual financial statements for tax filing. Furthermore, through our service we can help you ensure compliance with IRS requirements, allowing them to focus on achieving their strategic goals.

Inventory Management

Our experts will streamline your business’s inventory operations. With the Inventory module setup, businesses can easily manage their inventory levels, track stock movements, and optimize their supply chain operations. The service also ensures that businesses can keep their inventory up to date in real time, helping them avoid stockouts and overstocking. Additionally, we provide prompt reporting on inventory, enabling businesses to generate detailed reports on stock levels, product movements, and inventory valuation.

How It Works

Data Gathering

After understanding the scope of the work, we obtain the information or data through our secure portal or any other mean preffered by clients.

Data Processing

Work is assigned to qualified individuals under the supervision of managers and senior managers, who perform the task as directed.

QCR

After completion of the work, a QCR review is undertaken by the QCR partner to sign off the work

Software Expertise

Why Settle For Less?

Choose Us For Exceptional Service

Expertise: Our team of experts has years of experience working with the Odoo platform, and we have the knowledge and skills needed to help you optimize your accounting processes.

Custom services: We understand that every business is unique, which is why we offer customized ERP accounting solutions that are tailored to your specific needs.

Data Privacy and Quality: We are committed to delivering high-quality accounting services that meet the highest standards of excellence. We comply with all of the security compliance of the regions we serve. Stringent data security measures ensure that your data is safe with us.

GDPR Compliance -EU
CCPA Compliance- USA
PIPEDA Compliance- Canada
DIFC Compliance- Middle-East

Affordable: Our ERP accounting services are affordable, and we offer flexible pricing options that are designed to fit any budget.

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Frequently Asked Questions

What is Bookkeeping in Odoo?

Bookkeeping in Odoo is a comprehensive financial management module within the Odoo ERP system. It provides a wide range of features to help manage your company's finances, including invoicing, expense tracking, bank synchronization, reconciliation, asset management, and financial reporting.

Can I automate invoicing with Bookkeeping in Odoo?

Yes, Bookkeeping in Odoo allows you to automate your invoicing process. You can create recurring invoices for regular customers, automatically send invoice reminders, and even set up automatic payment collection for invoices. It also integrates seamlessly with other Odoo apps, such as Sales and Inventory, to automate the creation of invoices based on sales orders or delivery slips.

What are the key differences in Bookkeeping in Odoo vs QuickBooks?

In the "Bookkeeping in Odoo vs QuickBooks" comparison, one major difference is that Odoo Accounting is part of a comprehensive suite of business applications and offers high customization and integration. QuickBooks, however, while a robust accounting solution, focuses primarily on accounting, but also offers some integration capabilities.

How does Bookkeeping in Odoo help with tax management?

Bookkeeping in Odoo provides robust tax management features. You can configure multiple tax rates, and it will automatically calculate and apply the appropriate taxes on invoices. It also supports tax reporting, making it easier to comply with tax regulations and file your returns.

Can I sync my bank account with Bookkeeping in Odoo?

Yes, Odoo Accounting offers bank synchronization. You can connect your bank account or credit card to Odoo, and it will automatically import your transactions. This feature makes it easier to track income and expenses, and it simplifies the reconciliation process.

How does Bookkeeping in Odoo assist with financial reporting?

Bookkeeping in Odoo includes a suite of financial reporting tools. You can generate reports such as profit and loss statements, balance sheets, cash flow statements, and more. These reports are customizable and interactive, allowing you to drill down into specific accounts or time periods. This feature aids in financial analysis and helps you make informed business decisions.