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Odoo Accounting & Finance

Still gathering invoices from three systems at month end?

Shopify orders here, Amazon settlements there, manual invoices somewhere else. And your accountant is waiting. Time for accounting that runs automatically.

GoBD compliant DATEV export E-invoicing ready
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Does this sound familiar?

Typical accounting scenarios in e-commerce

The export-import game

It's month end. You export Shopify orders, download Amazon settlements, pull PayPal transactions, import everything into DATEV, fix errors...

A whole day for something that should be automatic.

The invoice hunt

A customer asks for their invoice. You search in Shopify, in the invoice folder, in emails... Where did you store it again?

15 minutes for an invoice you created yourself.

Bank reconciliation

47 incoming payments today: 23x "PayPal" (but which order?), 15x "Klarna" (batch payment), 9x bank transfers with unreadable references.

Hours spent assigning payments.

The tax trap

Selling to Austria: is this intra-community? Reverse charge? Which VAT rate? You google... again.

Uncertainty with every international sale.
The problem

E-commerce accounting is complex: many sales channels, many payment methods, many countries. Without integration, it becomes a full-time job.

The solution: automated e-commerce accounting

Odoo connects your sales channels directly to accounting. Order → invoice → payment → posting. All automatic.

Problem Solution with Odoo
Create invoices manually across multiple systems Automatic invoice creation for every order, regardless of channel
Gather DATEV data from multiple sources One-click DATEV export with all documents included
Assign payments to orders manually Automatic bank reconciliation and intelligent matching
Look up VAT rates for every international sale Automatic tax calculation by country and customer type
Track open items in Excel Real-time dashboard with automatic payment reminders

Features for professional accounting

Everything you need for GoBD-compliant e-commerce accounting

Automatic invoice creation

GoBD-compliant sequential numbering, PDF generated and archived automatically, email delivery to customers

DATEV export

SKR03 or SKR04 chart of accounts, export voucher images, monthly export with one click

Bank synchronisation

Automatic import via FinTS/EBICS, intelligent payment matching, split batch payments automatically

E-invoicing (XRechnung)

XRechnung format, ZUGFeRD 2.0, Peppol-ready for B2B, mandatory for B2B in Germany from 2025

Multi-currency

Automatic exchange rates (ECB), foreign currency receivables and payables, exchange differences booked automatically

Tax automation

Tax rules by country and customer type, EU OSS for B2C sales, reverse charge for B2B, small business scheme

Open items management

Due date analysis, automatic payment reminders, multi-stage dunning, collections preparation

Cost accounting

Contribution margin per item, cost centres, profitability by sales channel

GoBD-compliant & audit-safe

Odoo meets all requirements of German tax authorities

Immutability

Posted entries cannot be changed. Corrections are made via reversal entries. Full audit trail.

Traceability

Every change is logged: who did what and when? Everything from order to posting is traceable.

Properness

Sequential, gapless invoice numbering. Chronological posting order. Complete document archiving.

Retention

All documents are archived securely for 10 years. Always available for audits.

Certified solution

Odoo Enterprise is certified for the German market and is recommended by tax advisors and auditors.

Before/After comparison

How your day-to-day accounting changes

Task Before (without Odoo) After (with Odoo)
Create invoices Manual for each order across multiple systems Automatic on payment receipt
Prepare DATEV export Combine data from 3 different sources One click, done
Match payments Hours on bank statements, searching orders Automatic reconciliation
International taxes Look up each country, uncertainty Automatically calculated correctly
Check open items Maintain and update Excel list manually Real-time dashboard
Month-end close 1-2 days of full-time work 1-2 hours
80%

less time spent on accounting

0

tax errors through automation

100%

clean data for your accountant

All channels, one accounting system

Seamless integration with your sales channels

Channel What flows automatically into accounting
Shopify Orders, payments, returns, vouchers, shipping costs, taxes by destination country
Amazon Sales, Amazon fees (FBA, storage, advertising), payouts, net proceeds calculated automatically
eBay Sales, eBay fees, PayPal transactions, sales commissions to the correct account
WooCommerce All orders, multiple payment gateways, shipping costs, vouchers, variable products
PayPal Incoming payments, fees, currency conversions, automatic assignment to orders
Klarna Split batch payouts automatically to individual orders, post Klarna fees separately
Stripe Card payments, fees, chargebacks, payouts, multi-currency support
Additional integrations

Over 30,000 apps can be integrated via Zapier/Make. Have a specific platform? We will integrate it for you.

Frequently asked questions

Answers to the most important questions about Odoo accounting

No, Odoo handles the operational accounting (invoices, payments, day-to-day postings), while your accountant can focus on advisory work: annual accounts, tax returns, optimisation. The best of both worlds - and your accountant will appreciate clean, structured data instead of chaotic Excel lists.

Odoo supports the German standard charts of accounts SKR03 (process-based) and SKR04 (balance sheet structure). We set up the chart of accounts used by your accountant. Individual adjustments are, of course, possible.

Yes, Odoo has a full Point of Sale module (POS) with TSE certification for German cash register regulations. Perfect if you operate physical stores alongside e-commerce. All POS transactions flow automatically into accounting.

Odoo imports Amazon settlements and separates automatically: FBA fees (fulfilment/storage), sales commissions, advertising costs (Sponsored Products), returns. Each item is posted to the correct account. That way you see the true net proceeds per item - not just the gross sales price.

Yes, Odoo automatically calculates the correct VAT rates for B2C sales in EU countries (One-Stop Shop). You can see at a glance how much VAT you owe in each country. Export for the OSS return included.

Accounting is part of Odoo Enterprise. Cost: approx. EUR 20 per user/month (annual payment, from 1 user). In addition there is a one-off setup: chart of accounts, integrations, training.

Typical setup for e-commerce:
2 users (you + accounting) = EUR 40/month
Setup: from EUR 2,500 (depending on complexity)
ROI typically after 3-6 months through time savings

Ready for accounting that works?

Show us your current systems - we will show you how much time and stress you can save with Odoo.