Odoo accounting, configured for your chart of accounts
The Odoo demo is convincing. What determines your daily life is the configuration behind it: journals, taxes, chart of accounts, matching rules, and the recovery of your history.
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What Odoo does for you on a daily basis
The dashboard gathers your operations in one place. You synchronize your banks and you reconcile your transactions, you upload your supplier invoices and Odoo reads and pre-encodes them, you track your unpaid invoices, you automate your fixed assets, you generate your VAT declaration and your accounting reports.
Where the gain becomes clear is that these operations are not isolated. The customer invoice arises from the order, the supplier invoice is linked to the receipt, the hours of a project are re-invoiced. Double entry disappears because the data is entered only once, at the moment it occurs.
The configuration that decides everything
Three settings condition everything else, and they are decided before the first entry.
Accounting configuration is the part of the project where you gain the least time by rushing. An analytical structure decided in haste to meet a start date pays off in writing corrections for months. We prefer to delay a production launch by a week than to deliver an account plan that will need to be undone.
Accounting takeover: what we recover, what we leave behind
The transition is not about importing everything. It is about deciding what you really need in the new tool.
We systematically take over the opening balance, the third parties, the open invoices with their matching, and the fixed assets in progress with their remaining depreciation. We discuss on a case-by-case basis the detailed history of the entries: the more you take over, the longer the transition takes, and a history remains accessible in the old system for the legal retention period.
The point of vigilance: accounts that are not reconciled in your old tool will not be reconciled in Odoo either. A cleanup upstream saves more time than any import script.
Bank synchronization and automatic reconciliation
Odoo connects to your banks, most of the time via the account access interface opened by European payment regulations, and retrieves your transactions every day. In Belgium, importing CODA files remains common.
The real issue is not the connection, it is the reconciliation. Reconciliation templates allow you to automatically match a recurring transaction, a bank fee, a rent payment, a direct debit. When well set up, they absorb a large part of the reconciliation work. The rest depends on the structured communication on your invoices, which transforms a manual reconciliation into automatic matching.
VAT, closures, and reports
The VAT declaration is prepared from the tax report, period by period, with the closing entry generated by Odoo. Standard reports cover the general ledger, the trial balance, the balance sheet, the income statement, and the accounts receivable and payable schedule.
On the analytical side, Odoo works by plans, allowing for the cross-referencing of multiple axes, for example, one axis by site and one axis by activity. The rule we apply: a maximum of three axes at startup, fully populated. A fourth axis filled halfway is of no use to anyone.
We assist you with the declarations, without substituting for your accountant or tax advisor on the interpretation of the rules.
Your Odoo accounting is fully integrated with other applications.
No more double entries and sending invoices to your accountant, Nalios helps you set up your internal processes and connects them to your Odoo accounting in a single tool.
The entry point of customer relationships
Send quotes, turn them into orders and invoice with a few clicks.
Centralize and keep an eye on all your actions
Purchase, manage inventory, and receive your invoices. Real-time inventory valuation.
Drive execution
Create a project from an order, bill your worked hours and track profitability
Our consultants are experts on Odoo Accounting
No need for costly integrations with accounting tools. We have helped dozens of companies deploy and configure their accounting for a fraction of the price of an integration.
We guide you at every step.
Our priority is to make you autonomous in Odoo accounting, we train and advise you in all areas.
- Fixed asset management
- Deferred expenses and revenues
- Expense report management
- Integration with other apps
- General settings (chart of accounts, taxes, etc.)
- Accounting recovery
- Bank synchronization
- Automatic bank reconciliations
- Multi-company and consolidation
- Multi-level cost accounting
- PDF recognition and pre-encoding
- Standard and custom reporti
Intégrateur Odoo de +350 entreprises ambitieuses.
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Talk to us or fill out this form to get information about Odoo apps, services, or our company.
Frequently asked questions
In this section, you can effectively answer the most frequently asked questions.
The Odoo demo is convincing. What determines your daily life is the configuration behind it: journals, taxes, chart of accounts, posting rules, and the recovery of your history.
Yes, with an opening balance on the switch date. The most comfortable option is to start at the beginning of the fiscal year or quarter, to avoid splitting a VAT period in two.
Yes, both are part of the standard, with separate charts of accounts by company and a revaluation of exchange rate differences. In managing a group, the topic shifts to consolidation, which we address on our page ERP finance.
Yes, provided you install the country localization package and connect the company to the correct electronic invoicing channel: the Peppol network in Belgium, an approved platform in France. The same database can support companies from both countries with distinct charts of accounts and configurations.
From experience, an experienced accountant is autonomous in their daily operations after a few sessions, and the real skill development occurs during the first two accompanied closures. Our accounting tutorials remain accessible afterwards.