Odoo Finance and Accounting: Keep Your Money Right
Keeping track of money is the most important part of any business. Odoo Finance is a smart tool that handles all your accounting, invoicing, and tax reports automatically. It helps you follow the law and know exactly how much money you have.
Odoo Finance helps you with:
- Invoicing: Create and send bills (invoices) to customers fast.
- Tax Compliance: Calculate VAT or GST correctly for every sale and purchase.
- Bank Linking: Connect with your local bank for easy payment tracking.
- Reporting: Get clear reports that show your profits and losses at any time.
We set up Odoo to strictly follow all your local Financial Rules and government reporting needs, making sure your business is safe and accurate.
Features
Financial compliance in KSA is strictly managed by ZATCA. Our Odoo KSA Finance service focuses on making this process automatic and correct.
- ZATCA E-Invoicing: We set up Odoo to create and send ZATCA Phase 2-compliant electronic invoices with the required QR codes and XML files.
- Local Tax: Odoo correctly calculates VAT and generates reports ready for ZATCA submission.
- Arabic Reporting: Financial statements and the Chart of Accounts are set up to meet local Saudi standards and language needs.
- GOSI Link: Seamlessly link employee payroll deductions (GOSI) with your general ledger.
Odoo ensures your business handles all required government financial processes correctly and automatically.
UAE businesses need speed, clarity, and compliance with FTA rules. Odoo UAE Finance makes financial operations efficient and paperless.
- FTA VAT Compliance: Odoo is set up to strictly follow all Federal Tax Authority (FTA) rules, including reverse charge mechanisms.
- Local Payment Gateway: Integrate with UAE payment platforms like Telr for quick, automated online payments.
- Bilingual Accounts: Financial documents and reports are clear and legal in both English and Arabic.
- Multi-Currency: Easily manage money coming from different currencies, essential for a global trading hub like Dubai.
Odoo Health Cluster helps your business with fast, accurate financial reporting that meets all FTA requirements.
Qatar’s financial operations require clear, localized accounting that is ready for regulatory changes. Odoo Qatar Finance simplifies complexity.
- Local Chart of Accounts: We set up your accounting system using a Chart of Accounts structure that meets Qatari business standards.
- Regulatory Reports: Odoo generates all necessary financial reports tailored for local regulatory submission.
- Multi-Company: If you run several businesses in Qatar, Odoo manages their books separately while allowing you to view them all.
- Expense Approval: Use Odoo’s Approvals tool to quickly confirm staff expenses before they are paid out.
Odoo Health Cluster ensures your financial records are always clear, accurate, and ready for any local review.
Omani businesses need simple, compliant systems to handle VAT and local bank transfers easily. Odoo Oman Finance is built for clarity.
- Oman VAT Compliance: Odoo is set up to correctly handle the 5% Oman VAT on all invoices, sales, and purchases.
- Local Bank Integration: Link Odoo directly with local Omani banks for automatic reconciliation and statement imports.
- Simple Reporting: Generate clear Profit & Loss and Balance Sheet reports that are easy for small to medium size enterprises to understand.
- Invoicing: Create and track professional, VAT-compliant invoices for your clients in Muscat.
Odoo Health Cluster helps small and large Omani businesses keep their financial records clean and legally correct.
Bahrain’s financial system requires accurate tax reporting to the NBR. Odoo Bahrain Finance makes sure you stay compliant.
- NBR VAT Compliance: Odoo accurately calculates and tracks VAT for easy submission to the National Bureau for Revenue (NBR).
- E-Invoicing Readiness: Set up the system to easily switch to any future e-invoicing format required by the government.
- Bank Reconciliation: Automate matching your bank statements with Odoo records, saving time for businesses in Manama.
- Multi-Currency: Manage transactions and balances for businesses dealing with multiple currencies across the GCC.
Odoo Health Cluster ensures your accounting is correct, reducing errors and risk with the NBR.
Kuwaiti companies demand strong financial control and accurate expense management. Odoo Kuwait Finance provides clear visibility.
- Local Tax Setup: Odoo is configured to handle local tax rules and deductions correctly.
- Expense Control: Staff submit expenses through Odoo, and managers approve them digitally, ensuring tight financial control.
- Vendor Bills: Manage all bills received from local and international vendors in one organized system.
- Detailed Reporting: Get custom reports that give you a clear view of where your money is going in Kuwait City.
Odoo Health Cluster helps your business track every dollar spent and stay organized.
Egyptian businesses need systems that support new e-invoicing laws and complex tax structures. Odoo Egypt Finance is essential for compliance.
- E-Invoicing Integration: We link Odoo to the official Egyptian e-invoicing system for required electronic document exchange.
- Tax Compliance: Odoo correctly calculates Sales Tax and Income Tax based on Egyptian laws.
- Arabic Reporting: All financial documents and reports are generated in the correct Arabic format for local use.
- Budgeting: Set and track budgets within Odoo to control spending in Cairo and Alexandria.
Odoo Health Cluster ensures your business meets the latest digital tax requirements smoothly and correctly.
Indonesia’s finance system requires careful handling of PPN (VAT) and integration with local processes. Odoo Indonesia Finance is fully localized.
PPN & E-Faktur: Odoo handles all PPN Tax calculations and is ready to integrate with the government’s E-Faktur (e-invoicing) system.
Bahasa Reports: All financial statements are clear and accurate in Bahasa Indonesia.
Local Bank Link: Integrate with major Indonesian banks for easy payment processing and statement imports.
Asset Management: Track the value and depreciation of company assets according to local accounting standards.
Odoo Health Cluster helps your business manage its finances with the correct local rules and language.
African businesses need finance systems that manage multiple currencies, varying tax rates, and local banking challenges across countries. Odoo Africa Finance is highly adaptable.
- Multi-Currency: Easily handle transactions and books in different local and international currencies (USD, Rand, Naira).
- Local Tax Rules: We configure Odoo to manage varying tax rates and rules across Nigeria, Kenya, South Africa, and other nations.
- Mobile Money: Integrate basic payment acceptance with platforms like M-Pesa for localized transactions.
- Simple Audits: Generate clear financial reports that meet international and local audit requirements.
Odoo Health Cluster ensures you can run your books accurately across a diverse continent.
Moroccan enterprises require finance tools that support both French/Arabic and comply with local tax (TVA). Odoo Morocco Finance is dual-language compliant.
- TVA (VAT) Compliance: Odoo correctly calculates and manages the TVA (Taxe sur la Valeur Ajoutée) on all sales and purchases.
- French & Arabic: Financial reports, invoices, and the Chart of Accounts are generated in both French and Arabic.
- Local Banking: Integrate Odoo with local banks and payment gateways like CMI.
Accounting Plan: We set up the correct Moroccan accounting structure for your books.
Australian companies need finance systems that strictly follow ATO rules for GST and payroll. Odoo Australia Finance is fully compliant.
- ATO & GST Compliance: Odoo correctly tracks GST (Goods and Services Tax) and creates reports ready for the ATO (Australian Tax Office) submission.
- Superannuation: The system manages and tracks employee Superannuation payments accurately.
- Bank Feeds: Odoo connects directly to major Australian banks for automated, secure bank feed reconciliation.
- BAS/IAS Reporting: Generate necessary tax reports like BAS (Business Activity Statements) easily.
Odoo Health Cluster makes sure your financial records are always correct and ready for the ATO.
