For getting started with Odoo Accounting (both Community V11 and Enterprise), there are a few key steps to focus on:

1. Initial Setup:
   • Configure your chart of accounts according to your country’s accounting standards.
   • Set up taxes, fiscal positions, and journal entries for compliance.
   • Connect your bank accounts for reconciliation.
2. Master Your Modules:
   • Learn how invoices, bills, and payments flow through the system.
   • Explore bank reconciliation, expense management, and automated workflows to reduce manual effort.
   • Use reporting dashboards to track financial performance in real-time.
3. Training Resources:
   • Odoo’s official documentation is detailed for both Community and Enterprise versions.
   • There are also numerous tutorials and video guides available online.
   • Hands-on practice in a test database is highly recommended before live deployment.

At Ledger Labs, we’ve helped multiple clients transition to Odoo Accounting smoothly. From our experience, planning your chart of accounts, automating recurring entries, and testing workflows thoroughly is critical for a successful start.

Efficient accounting software

Accounting is a necessary process for any organization. Precise accounting is indeed needed for the smooth running of the company without any financial losses. Any error happening in the accounting area will directly affect the financial stability of the company. So accurate accounting is unavoidable for any company. Now to aid the accounting activities of a company, the software can be made use of, if it is an ERP software things get even better.

If you are interested in the latest versions of odoo accounting, you can watch the below videos:

Odoo v14 Accounting Tutorials: https://www.youtube.com/playlist?list=PLeJtXzTubzj_NtowDcdqQi7A4FLvc6f7x

Odoo v13 Accounting Tutorials: https://www.youtube.com/playlist?list=PLeJtXzTubzj_hopLtZi8hQ7cqFeFkjF-_

Read our odoo 12 accounting blog: https://www.cybrosys.com/blog/odoo-12-accounting-features

Hi Liesl van Kaam,

 First of all, I am appreciating your decision, Odoo is one the best option for the ERP.

These videos help you to get the basic idea about accounting in odoo

https://www.youtube.com/watch?v=e9lQHtdQgK4

https://www.youtube.com/watch?v=6OeDxrsvwtc

Read this blogs will help you.

http://www.odoo.com/documentation/user/11.0/accounting.html

Regards,

Nikhilkrishnan