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Odoo Outsourced Accounting provides full-cycle accounting services to companies that manage their day-to-day business processes—sales, purchasing, inventory management, invoicing, and financial accounting, using the Odoo accounting system. We help set up and customize the Odoo environment to comply with Latvian accounting and tax requirements.

The services include:

 Full-cycle outsourced accounting with Odoo

 VAT and tax accounting configuration

 Reconciliation of bank accounts, invoices and payments

 Integration of warehouse and accounting processes

 Verification of opening balances and data migration

 Monthly and annual closing

 Management reports and financial analysis

 Consultancy services for businesses and Odoo implementers

PEven though the standard version of Odoo does not include full Latvian localization or specific local reports, this is not an obstacle to comprehensive accounting. The most important thing is a properly configured system that ensures accurate transaction recording, document workflow, data storage, access control, and compliance with Latvian tax and accounting regulations.

By using a professionally configured Odoo accounting solution, a company gains a unified ERP system where all financial data is consolidated in one place. This reduces manual work, improves data accuracy, and ensures more efficient financial management.