Does Odoo have accounting software built in?
Yes. Odoo Accounting is a full double-entry bookkeeping module covering invoicing, bills, bank reconciliation, multi-currency, and financial reporting, built to share one database with whatever other Odoo apps a business runs.
What's the difference between Odoo Invoicing and Odoo Accounting?
Invoicing is the lighter, free app focused on creating and sending invoices and getting paid. Accounting is the full general ledger: bank reconciliation, financial statements, tax reporting, and everything a business needs to run its actual books, not just bill customers.
Is Odoo accounting free?
The Invoicing app and Odoo's Community edition cover real core functionality for free. The full Accounting app with bank reconciliation, advanced reporting, and ongoing support generally runs through Odoo's paid Enterprise plans, priced per user.
Can Odoo handle bookkeeping for more than one company or currency?
Yes, Odoo supports multi-company and multi-currency accounting within the same instance, which is part of why larger or growing businesses tend to land on it over single-entity accounting tools.
Can invoices be generated automatically from data that isn't in Odoo?
Yes. If the numbers that drive an invoice, usage, hours, contract terms, live in a different system, we connect that source to Odoo's API so the invoice gets created and sent without anyone calculating or typing it in by hand.