Comparison Accounting and Invoicing Modules

Odoo covers all aspects of settlements and payment. For the customers there are few payments methods.

Community invoicing include:

• Wire transfer

• PayPal - to accept payments via Paypal or credit cards.

• Ingenico Payment Services (formerly Ogone) - supports a wide range of payment methods: credit cards, debit cards, bank transfers, Bancontact, iDeal, Giropay.

• Authorize.net - a payment gateway to accept online payments via credit cards and e-checks.

• Alipay - the most popular online payment platform in China. Chinese consumers can buy online using their Alipay eWallet.

• PayU - leading financial services provider in Colombia, Argentina, Brazil, Chile, Mexico, Panama, and Peru. And PayUMoney for India. It allows merchant to accept local payments with just one account and integration.

• Stripe - to accept online payments via credit cards.
  

Odoo Invoicing Module includes all operations for creating invoices, its validation, payments registering, bank statement and reconciliation. And also:

• Taxation (tax methods, calculation, reports) and using default taxes applied to local transactions.

• Fiscal Localization- fiscal positions, chart of accounts legal statements for each country.

• Using Main and Multi-Currencies (for example purchasing in US dollars and selling in Euro - there is a mechanism to set currency course for concrete period or to auto refresh from selected source).
  

• SEPA Direct Debit - a Europe-wide Direct Debit system that allows merchants to collect Euro-denominated payments from accounts in the 34 SEPA countries and associated territories.

• QR code generating and scanning on invoice for European customers. That can get scanned by banking app only.

• Bill digitalization- to digitalize scanned or PDF vendor bills with OCR and Artificial Intelligence.

• Checks Printing to pay vendors.

• Automatically Import of bank statements and using different format of import: CSV, OFX, QIF, CAMT.

• Budget management - assets (depreciation) and deferred revenues (recognition) - to compare actual with expected revenues and costs.

• Full Accounting Reports: Profit and Loss (Income, Expenses, Net Profit); Balance sheet (Assets, Liabilities, Equity); Cash flow (Operations, Investments, Financing)