ERP FOR ACCOUNTING FIRMS AND ACCOUNTANTS

Accountants usually rely on their own tools to handle clients' accounting needs. However, to stay competitive in the professional accounting sector, they must adapt by incorporating an Enterprise Resource Planning (ERP) system into their workflows.

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ERP SOLUTION FOR ACCOUNTING INDUSTRY

Key Features of an ERP for the Accounting Sector

Vibe ERP

Account Management

Odoo Accounting is a full featured accounting app. Accountant productivity is at the core of its development with features such as AI-powered invoice recognition, synchronization with your bank accounts, smart matching suggestions, etc.

  • Customer Invoice
    Vendor Bill
    • Dashboard
    • COA configuration
    • Multi-currency
    • VAT units
    • Inventory Average price valuation
    • Payment term and installment plan
    • Credit notes and refund
    • Revenue
    • Discount and terms & condition
    • Invoice digitization
    • Prerequisites
    • Assets management
    • Prepayment
    • Consignment
    • Online Payment
    • Checks payment
  • Bank and Cash
    Budget Management
    • Journal Management
    • Bank to Bank transfer
    • Bank to cash transfer
    • Cash Basis Tax Configuration
    • Bank Account Management
    • Cash Rounding
    • Auto Cut Off for Journal Entries
    • Payment Follow-up
    • Reconciliation
    • Analytic Accounts
    • Create and manage Budgetary Positions
    • Manage budgets with analytic accounts
    • Budgetary planning with planned amount on each Analytic Account
    • Budgetary reports are also available
    • Each list of record can also be switched to a graphical view
  • Reconciliation
    • Streamlined reconciliation process
    • Support for different reconciliation methods
    • Fully integrated with other Vibe applications
    • Ability to create write-off or manual journal entries
    • Ability to register transactions with different criteria
    • Improving the quality and accuracy of financial data
    • Ability to create statement transactions from payments
    • Ability to import statement transactions from Excel
    • Links journal entries and bank statement lines by creating shared matching numbers
    • Ability to reconcile transactions using payment matching, customer/vendor matching, or manual operations
  • Taxation
    Reporting
    • Default taxes
    • Tax configuration
    • Withholding taxes
    • Fiscal Position
    • Easy to integration tax features
    • Custom Analysis with graph and pivot table.
    • Various Filters to Compare
    • Print reports in PDF and XLSX Format
    • Access the Journal Entries
    • Drill-down Approach in Reports

Other ERP features for the Accounting Industry

Sales Management


Odoo Sales is the application to run your sales process and deliver and invoice what has been sold.

  • Quotation Management
    • Easy way to create quotation template using the editor
    • Allow to add optional products for upselling
    • Way to pay and confirm the quotation online using the digital signature
    • VAT unitsEasy configuration for the product variants
    • Discount and Loyalty management
    • Upselling technique configuration
    • Create a draft quotation for the services enabled in the Onboarding form
  • Invoicing Method
    • Pro-forma invoices
    • Invoice based on time and materials
    • Invoice project milestones
    • Re-invoice expenses to customers
    • Easy to configure the different invoicing policy for different business purpose
    • Down payment option to ensure the sales and sign the contract
  • Products & Price
    • Allow to setup different variant and attributes. Also allow to setup different price per variant
    • Setup multi image for single product
    • Get image directly from the google for the product
    • Sale same product with different price based on the pricelist and wide range of the configuration
    • Set foreign currency
    • Promotion and coupon program management
    • Multi UOM available
    Subscription
    • Add subscription products
    • Create subscription plans
    • Upsell subscriptions
    • Renew subscriptions
    • Close Subscriptions
    • Subscription reports

Dashboards

  • Standard Dashboards
    • Generate Items with AI
    • Bookmark Dashboard
    • Responsive Fluid & Flexible Layout
    • Extract Chart Insights With AI
    • Advanced Date Filter
    • Design Your Own Dashboard Layout or Switch Layout
  •  
    • Create charts From Excel & Csv Files
    • Export & Import Dashboards or Specific Dashboard Items (Excel, CSV, PDF, PNG)
    • Real-Time Streaming Dashboard
    • Drill Down / Drill Up Data
    • Dashboard Personalization/Configuration

HRMS

Odoo Payroll is used to process work entries and create payslips for employees, including both regular pay and commission. Payroll works in conjunction with other Odoo apps, such as Employees, Timesheets, Time Off, and Attendances. Payroll as per Canadian Norms

  • Reports
    • Payroll
    • Work Entry Analysis
    • Salary Attachment Report
  • Payslips
    • Create a new payslip
    • Compute the new payslip
    • Create Payslips in batch
    • Fetch hours from Attendance module
  • HRMS
    • Employee Management
    • Employee Self Service
    • Time Off
    • Recruitment
  •  
    • Appraisal
    • Attendance
    • End of Service

Streamlining Customer Communication, Driving Sales, Fueling Growth

Odoo CRM is a robust tool that enables businesses to rationalize customer communications, handle sales pipelines, and steer revenue growth.

From visualizing sales stages, capturing, scoring, and qualifying leads to planning calls, meetings, tasks and automating follow-ups, Vibe CRM systems upsurge team productivity, offer actionable sales insights and manage customer relationships.

  • CRM Features
    • Marketing automation with campaigns, online forms
    • Real time pipeline management with key business metrics
    • Leads Acquisition
    • Assign and track leads