Accounting in Odoo

• Chart of accounts

  SKR03 or SKR04 chart of accounts.

• Fixed assets and cost centres

  Fixed-asset accounting and cost centres are set up in Odoo.

• Opening balances and reconciliation

  Take over and reconcile the opening balances.

• Tax adviser

  Data is handed over to the tax adviser in an agreed way.

• Partner accounts

  Partner-specific receivable and payable accounts are created from the contact with one button.

• Invoice history per customer

  PDF report of each customer's invoices of the last five years with paid and open amounts.

Odoo creates, validates and receives e-invoices in ZUGFeRD and XRechnung format. We set this up and explain which obligations apply to your company from when.

• Create

  Outgoing invoices as ZUGFeRD or XRechnung.

• Validate

  E-invoices are validated in Odoo.

• Receive

  Incoming e-invoices are received in Odoo.

Bank statements arrive in Odoo automatically via EBICS and are matched with open invoices; payments go to the bank as SEPA files or via EBICS.

• Batch transfer

  Vendor bills due this week are selected together and exported as one SEPA XML transfer file.

• Queries to vendors

  Discrepancies in a vendor bill go back to the vendor from a list of predefined reasons, and the bill is marked as to be verified.

E-Bilanz from Odoo (in development): balances are mapped to the XBRL taxonomy, validated and submitted to the tax office via ERiC.

• Account mapping

  Booking data from Odoo is mapped to the German XBRL taxonomy.

• Contents

  Master data, fiscal years, tax adjustments, account breakdowns and fixed assets.

• Validation and submission

  The E-Bilanz is validated and submitted via ERiC.