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Module, Accounting
Odoo Accounting
Full double-entry accounting with VAT, multi-currency, bank reconciliation, and GCC compliance.
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Who it's for
Ideal for
Every business. We configure and connect Accounting to the rest of your Odoo system so it works as one.
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Key features
- VAT & e-invoicing
- Multi-currency
- Bank reconciliation
- Financial reports
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Business benefits
What Accounting gives you
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Less manual work
Automate the repetitive tasks your team does by hand today.
02
Real-time visibility
Live data feeding the rest of your Odoo system, no re-keying.
03
GCC-ready
Configured for Qatar & GCC rules, in Arabic and English.
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Connected
Works as one with accounting, inventory, sales and HR.
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Inside SynByteIT ERP
Accounting & Finance, built for the GCC
A full financial-management platform, every section of the accounting module shown in full below, from chart of accounts and AR/AP to tax, multi-currency, assets and reporting, integrated with sales, purchase, inventory and payroll.
Chart of Accounts & Configuration
- Account types, assets, liabilities, equity, revenue, expenses, fully configurable
- Account groups & tags, multi-level grouping & tax mapping, auto P&L / BS structure
- Default accounts per journal, auto-applied on transactions
- Import COA, bulk creation from Excel / CSV; archive unused accounts
- Fiscal year, any start month, Qatar financial-year compliant
- Lock periods, prevent backdating for audit-proof records
- Opening balances, import from previous system for clean cut-over
- Multi-company, separate books per entity, inter-company & consolidated reporting
Accounts Receivable (AR)
- Customer invoices, from sales order or manual, PDF emailed to client
- Credit / debit notes, linked to original invoice, full reversal trail
- Payment registration, full or partial, auto balance update
- Payment follow-up, automated overdue reminders on custom schedule
- Customer statements, generated & emailed as PDF
- Aged receivables, 30 / 60 / 90 days by customer or total
- Down payments, request advance / deposit, deduct from final invoice
- Write-offs, bad-debt write-off linked to provision accounts
Accounts Payable (AP)
- Vendor bills, manual or from PO, three-way match PO–GRN–Invoice
- Bill validation, multi-level approval workflow
- Payment terms, Net 30 / 45 / custom per vendor
- Batch payments, pay multiple bills grouped by bank / vendor
- Vendor statements, reconcile & resolve disputes
- Aged payables, 30 / 60 / 90 days by vendor or total
- Debit notes, for returns / disputes
- Withholding tax, configurable %, auto-calculated on payment
- Expense claims, employee expenses linked to payables
Bank & Cash Management
- Multiple bank accounts, QAR, USD, any currency, per company / branch
- Bank statements, import CSV / OFX / CAMT or manual entry
- Auto-reconciliation, match by amount, reference & partner
- Reconciliation wizard, step-by-step with suggested matches
- Outstanding payments, view & clear unreconciled items
- Cash journals, petty cash, multiple registers
- Cash in / out, receipts & payments with reason / reference
- Cash closing, daily count & closing with difference report
- Cheque management, track issued / cleared, uncleared report
Journals & Journal Entries
- Journal types, sales, purchase, bank, cash, misc, fully configurable
- Manual journal entries, debit / credit with narration & reference
- Recurring entries, template & frequency for monthly postings
- Reverse entries, one-click, date-controlled
- Journal entry locks, role-based access
- Sequence numbers, auto numbering per journal type
- Analytic accounting, cost-centre allocation by project / department
- Deferred revenue, spread revenue over periods, rule-based
- Deferred expenses, prepaid amortisation, auto-entry, IFRS-compliant
- Entry approval, Draft → Confirm workflow
Tax Management
- Tax rates, 0% / 5% / 10% / custom, Qatar 0% VAT ready
- Tax groups, apply multiple taxes together on a product
- Tax mapping, by fiscal position, B2B vs B2C, local vs export
- Tax on products, default per product, overridable per transaction
- Tax report, collected / paid summary, filter by period, VAT-return ready
- Tax closing, lock tax period after filing
- Withholding tax, supplier %, auto-deduct on payment
- Fiscal positions, different tax rules by country, auto-applied by partner
- Tax audit trail, every entry traceable to source document
- Custom tax codes, Qatar / GCC specific, future VAT readiness
Financial Reporting
- Profit & Loss, by period, YTD & comparison
- Balance Sheet, assets, liabilities, equity as at any date
- Cash-Flow Statement, operating / investing / financing, direct & indirect
- Trial Balance, all accounts, debit / credit columns
- General Ledger, full transaction listing with drill-down to source
- Aged receivables & payables, 30 / 60 / 90 / 120+ days
- Budget reports, actual vs budget with variance analysis
- Analytic reports, cost-centre / project P&L, multi-dimension
- Executive dashboard, revenue, AR, AP & cash KPI widgets
- Custom filters & export, any field, to Excel / PDF / CSV
Multi-Currency
- Currency setup, QAR, USD, EUR, GBP, SAR and more
- Exchange rates, manual or auto, daily / monthly update
- FX gain / loss, auto-calculate unrealised FX on open invoices
- Realised FX, booked on payment with auto journal entry
- Currency revaluation, period-end on all open items
- Multi-currency reports, report in any or base currency
Fixed Asset Management
- Asset register, full listing with purchase date & value
- Depreciation methods, straight-line, declining balance, custom % per type
- Auto depreciation, automatic monthly entries
- Asset disposal, record sale / disposal with auto gain / loss
- Asset revaluation, upward / downward with journal entry
- Asset groups, by type / department (furniture, IT, vehicles)
- Depreciation schedule, full printable schedule per asset
SynByteIT ERP · Odoo Community
Executive finance dashboard, Revenue, expenses, profit & cash in real
SynByteIT ERP · Odoo Community
