Odoo Finance
Set up Odoo Accounting with braintec! We help you with our financial expertise and tailor your Odoo accounting system to meet the legal standards for digital financial management in Switzerland, Germany and Austria.
Odoo Accounting
A powerful software solution for finance professionals, trust companies, auditors and tax experts.
Automation
Odoo offers numerous features for the automation of financial and operational accounting. From recurring entries to automatic tax calculations and reminders for due payments. The automations reduce manual errors and save valuable time.
Cloud-based
Odoo is a cloud-based and mobile software solution that makes it possible to access all data at any time and from anywhere via an internet connection. This is especially helpful for financial managers or fiduciaries working with clients in different locations.
Integration
Odoo allows seamless integration of accounting with other business areas such as purchasing, sales, inventory, e-commerce or human resources. This interoperability with the embedding of all relevant data in end-to-end processes within a single ERP system creates better communication, transparency and efficiency across all departments.
Odoo Accounting at a glance
- All-in-One: Financial accounting (FIBU), business accounting (BEBU), asset accounting, payroll accounting.
- Banking, controlling, taxes.
- Annual financial statements with balance sheet, income statement and journal, charts of accounts and more.
- Auditing and compliance: Proven, innovative, secure for adherence to legal requirements such as financial and tax regulations.
- Web-based for Mac, Windows or Linux without software installation and accessible on mobile or stationary devices such as desktops, tablets and smartphones via an internet connection.
- Multi-company, -country, -mandate architecture for fiduciary offices and companies of all sizes and sectors.
Invoicing
AI-supported invoice capture with a recognition rate of 98 %. Create, manage and send invoices, credit notes, reminders and quotes in different languages and currencies.
Expenses
Create and record expenses via email, scan, drag-and-drop or manually directly via mobile device or desktop. Submit all expenses in one expense report and summarise them in individual categories.
Business Intelligence
Business plan, financial planning, customised journals and reports delivered with a single click as well as detailed overview of financial data for analysis, budgeting and forecasting.
Banking
Connected to e-banking and automatic synchronisation of bank transactions in real time via EBICS for efficient processing of transactions such as credit notes or debits from debtors and creditors.
Country-specific financial Odoo solutions from braintec
Book your Odoo demo
Discover the business software Odoo in a demo with braintec – your leading Odoo Partner in Switzerland, Germany and Austria.
Schedule a free consultation
Contact
Why braintec?
As Odoo Gold Partner in Switzerland, Germany and Austria, we support companies from all industries with customised, efficient and sustainable Odoo financial solutions.
16
Years of Odoo expertise
80
Odoo Experts
400
Company digitised
References
These companies have implemented their financial and accounting processes with braintec in Odoo.
All references
Manage subscriptions easily
The extended subscription module from braintec helps companies which manage many subscriptions with recurring invoices.
- Automatic creation of subscriptions from sales orders
- Create and send invoices automatically
- Generate subscription template with predefined time period
- Billing by calendar period / Invoice in advance
- Charging for subscriptions according to usage or services
- Automatic creation of credit notes after changing or terminating a subscription
- Merge all subscriptions into one invoice
Financial solutions from braintec for Switzerland
ChatGPT said: Financial Solutions by braintec for Germany and Austria
Financial accounting according to IDW PS 880
Since version 18, Odoo’s financial accounting has been officially certified by BDO AG Wirtschaftsprüfungsgesellschaft in accordance with IDW PS 880. This certification ensures:
- Compliance & Security: Adherence to the principles of proper accounting (GoB) and GoBD, particularly in terms of traceability, immutability and data security.
- Functional Accuracy: Error-free operation, correct bookkeeping, and full compliance with legal accounting requirements.
- Auditability: Comprehensive system documentation and audit reports that ensure a transparent and verifiable record for external auditors.
Enhanced GoBD Z3 Export
The enhanced GoBD interface with Z3 export of braintec ensures a seamless and technically compliant transfer of tax-relevant data to financial authorities in Germany.
- The provision of tax-relevant accounting data in IDEA format without requiring additional expertise.
- Certified Z3 data carrier transfer.
- Standard-compliant data preparation for tax authorities and auditors.
Further financial solutions for Germany
DATEV Connector
DATEV, with its products "Unternehmen Online" and "Kanzlei Rechnungswesen," covers 75% of the German market for processing tax data. Therefore, for customers and accounting firms in Germany, braintec regularly implements a file-based partner module resp. connector to DATEV, or configures the export from Odoo version 16 using standard functions.
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Export booking entries for simplified import into DATEV
- Configure export according to tax advisor's specifications
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Attach collected reference documents to booking entries
- Define account lengths
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Automatically assign creditor and debtor numbers
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Automatically activate fixed posting indicator
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Insert client and consultant numbers for the tax advisor
- Group booking lines
- Accumulate debit and credit entries
- Optionally ignore foreign currencies
FAQ Odoo Finances
Here we answer the frequently asked questions regarding Odoo Finance and Accounting.
Yes, Odoo fully supports double-entry bookkeeping, ensuring all financial transactions are accurately recorded and legal requirements are met. With automated posting rules and predefined account plans, Odoo makes this process efficient and user-friendly.
Odoo makes it possible to manage multiple clients in a single system. The data of each client is neatly separated. Switching between digital files is simple, allowing for secure and straightforward accounting management. Ideal for trust offices and external trustees with complex mandate structures.
Odoo supports multiple currencies and automatically updates exchange rates. International companies or financial service providers with global clients can easily keep track and generate reports in the relevant currencies.
In Odoo, different user rights and roles can be defined so that sensitive data and financial information can only be accessed by authorised persons.
More about Finance and Accounting in Odoo
AI-optimised invoicing in Odoo
The AI-supported processing of invoices in Odoo makes the digital invoicing process faster and easier. Additionally, the OCR technology in Odoo recognises the relevant data and captures it automatically. The recognition rate is 98%.
E-invoicing with Odoo in Germany
Since January 1, 2025, businesses in Germany are required to accept e-invoices. As a comprehensive ERP and financial software, Odoo supports the full automation of invoicing processes, seamlessly integrating with accounting systems to comply with e-invoicing regulations.
Automated Financial Accounting in Odoo
The solution from braintec enables medium-sized companies to generate automated booking entries for each of their account movements and to post percentage amounts of invoice items accurately to financial accounts – a significant advantage over the analytical and rule-based accounting in Odoo Standard.