About Odoo India Accounting
What is Odoo India Accounting?
Odoo Accounting is the accounting application of Odoo, an AI-native business software suite designed for small and medium businesses that integrates bookkeeping with all other operations to avoid double entry. It covers financial operations from reconciliation and expenses to tax returns and real-time reporting. Odoo says operations process in under 90 milliseconds, its AI invoice data capture has a 98% recognition rate so users only validate invoices, and expenses can be captured by photographing receipts on mobile. Smart bank reconciliation connects to more than 28,000 banks worldwide and matches about 95% of transactions automatically. Odoo is pre-configured for each country's requirements, including charts of accounts, taxes, country-specific reports, electronic invoicing, audit files and fiscal positions, which is how it supports Indian GST. Users can send and receive unlimited invoices and bills for free, and Odoo offers expert demos.
Who is Odoo India Accounting for?
Odoo Accounting is for small and medium businesses, including Indian companies, that want accounting tightly integrated with sales, inventory and other Odoo business apps.
What type of software is Odoo India Accounting?
Odoo India Accounting is listed under Accounting Software.
What are Odoo India Accounting's core capabilities?
Odoo Accounting's core capabilities emphasise speed and automation. AI-powered invoice data capture reads vendor bills with a 98% recognition rate, leaving users to validate rather than type. A mobile app captures expense receipts with photos and lets AI handle the rest. Smart bank reconciliation integrates with more than 28,000 banks, removing manual statement imports, and AI matching reconciles about 95% of transactions automatically. Country localisation pre-configures charts of accounts, taxes, country-specific reports, electronic invoicing, audit files and fiscal positions that apply the right tax rates and accounts automatically. Electronic invoicing supports multiple EDI formats, including Peppol, depending on country. Real-time financial reports can be annotated, exported and drilled into for detail. Unlimited invoices and bills can be sent and received free. Because accounting is part of the Odoo suite, sales, purchases and inventory flow into the books without double entry.
- MCA Rule 3(1) Audit Trail / Edit Log
- NIC E-Invoicing Direct API
- GSTR-2B Automated 3-Way Reconciliation
- Automated Bank Reconciliation (BRS API)
- TDS Section 26Q & 194Q Automation
- Schedule III Balance Sheet & P&L Auto-Generation
Answers above are based on Odoo India Accounting's website, read on 6 Oct 2026.
Who makes Odoo India Accounting?
Odoo Accounting is part of Odoo, a large, established global open-source business-software suite founded in 2005 in Belgium by Fabien Pinckaers. Its Indian entity, Odoo In Private Limited, has been incorporated since 2007 and is based in Gandhinagar, Gujarat.
What CAs are saying about Odoo India Accounting
Odoo India Accounting has no reviews on SoftwaresForCA yet.
Wider market feedback
Popular with mid-sized enterprises wanting a modern, highly customizable ERP stack.
Editorial summary of public sources — see Sources below.
Key features
- ✓MCA Rule 3(1) Audit Trail / Edit Log
- ✓NIC E-Invoicing Direct API
- ✓GSTR-2B Automated 3-Way Reconciliation — Yes (Odoo l10n_in fiscal localization: Accounting > Reporting > Tax Report > GSTR-2B > Reconcile)
- ✓Automated Bank Reconciliation (BRS API)
- ✓TDS Section 26Q & 194Q Automation
- ✓Schedule III Balance Sheet & P&L Auto-Generation
- ✓CA Multi-Client Portal / Accountant Access
- ✓Multi-Branch / Multi-GSTIN Accounting
- ✓Inventory Management (Batch / Expiry / Serial)
- ✓E-Way Bill Auto-Generation
- ✓WhatsApp Invoice & Payment Reminder Dispatch
- ✓Multi-Currency Accounting
- ✓Cloud SaaS Deployment
- ✓Mobile App (Android / iOS)
- ✓Role-Based Branch Level Permissions
- ✓Free Trial Available
- ✓Starting Commercial Pricing
- ✓Barcode Generation & Scanning
- ✓Low-Stock / Reorder Alerts
- ✓UPI / QR Payment Collection on Invoice
- ✓Recurring Invoices / Scheduled Billing
- ✓Payroll Module
- ✓Customer / Vendor Self-Service Portal
- ✓Open Developer API
- ✓Industry-Specific Vertical Modules
Show 3 more items (not supported or not yet verified)
- ?MSME 45-Day Overdue Payment Flagging (Section 43B(h))
- ✕Direct Tally XML Sync / Migration Tool
- ?256-Bit Data Encryption
Pricing
- Free (Community) / ₹600 – ₹950 / user / mo (Enterprise)
Single app is free on Odoo Cloud; all-apps plan billed per user.
From the vendor's published pricing as of 25 Aug 2026. Confirm current prices with the vendor.
Limitations to know
Out-of-the-box Indian compliance requires installing the India localization package.
- Indian statutory compliance requires precise configuration of localization modules
- Enterprise customizations require specialized Odoo implementation partners