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Odoo financial management and payroll


Connect the company's financial management and payroll as part of the same Odoo ERP system. Sales, purchases, payment transactions, accounting and payroll use shared data and form an up-to-date basis for reporting and company management.

Financial management as part of the company's business

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Financial management as part of the company's business

In Odoo, financial management is directly integrated with the company's other business processes. Sales, purchases, inventory, projects, and other transactions generate financial information within the same system.

A common data foundation reduces manual steps, speeds up financial processes, and provides a real-time view of the company's financial situation. At the same time, the information is available for reporting, budgeting, forecasting, and management decision-making.

Electronic financial management in Odoo

Odoo consolidates the daily processes of financial management in the same environment as other business activities. Information flows from one process to another, creating a cohesive whole from accounting to reporting.

Sales invoicing

Generate and send sales invoices and e-invoices directly based on Odoo's sales, contracts and other business processes.

Purchase invoices

Receive purchase invoices and e-invoices electronically, and process, account and approve them as part of a managed process.

Payment transactions

Manage payment files, incoming payments, reference payments and bank transactions as part of the company's financial processes.

VAT and official notifications

Handle the statutory notification and reporting processes of Finnish financial management in the Odoo environment.

Financial statements and financial reporting

Generate financial management reports and monitor results, balance sheets and the company's financial development based on up-to-date information.

Payroll in Odoo

Manage payroll in the same Odoo environment as financial management. Salaries, employee information, absences, payslips and official notifications form a unified process, with data directly available for financial management and reporting.

✔ Calculation of salaries

Calculate monthly and hourly wages and process salary supplements, fringe benefits and other information affecting salaries.


✔ Payslips and payment

Generate employees' payslips and the information required for salary payments as part of the payroll process.

✔ Income register and official notifications

Generate and process the income register notifications related to salary payments and other statutory payroll information.

✔ Holidays and absences

Manage holiday and absence information and consider their impact on payroll.

✔ Salaries as part of finance and reporting

Payroll events generate the necessary accounting information and integrate salaries and other personnel costs into the company's financial reporting and cost tracking.

Do you want to see how financial management and payroll work in Odoo?

We present the Odoo solution and go through how it fits your company's financial management and payroll needs.

Book a demo