Odoo 18 Enterprise Book: Accounting

39. Reporting

Every business requires reports to assess the progress of operations and analyze workflows. A well-structured reporting platform simplifies the analysis process, enabling informed decision-making even in high-pressure situations. Reports are essential for gaining real-time insights into the management of finances, particularly in the context of a company's internal financial activities.

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In this section, we will explore the various reporting features offered by the Odoo Accounting module in detail.

39.1 Balance Sheet

The Balance Sheet report provides a comprehensive view of an organization's assets, liabilities, and equity at any given point in time. Odoo allows you to create customized reports using its additional functionalities. By selecting a specific date from the calendar icon on the screen, you can generate the balance sheet for that precise date.

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The Comparison tool allows you to compare reports from different timeframes. If you need the balance sheet report for a particular journal, you can select the specific journal from the Journals option. Additionally, advanced filters are available, giving you the flexibility to organize the available data according to your requirements.

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Once developer mode is activated, an 'i' icon appears at the end of each reporting line. This icon reveals the calculation formula behind each reporting line. You can adjust the format of your data by selecting the PDF or XLSX options.

39.2 Profit & Loss

The Profit & Loss report is one of the most essential elements of financial reporting, providing a clear overview of an organization's income, expenses, profits, and losses over a specific period. This report gives valuable insight into the financial performance of a company within a defined timeframe.

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Unlike the balance sheet, the ending balance of the Profit & Loss report does not carry over to the next accounting period. Each period stands alone, offering a snapshot of financial health for that particular time frame.

39.3 Cash Flow Statement

The Cash Flow Statement report provides a detailed overview of all cash inflows and outflows within a specific period. It is based on the accounts set up for the cash flow statement in the system.

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This report is categorized into three main activities: operating, investing, and financing operations. By analyzing these sections, you can gain insights into the company’s liquidity and financial health, helping you assess how cash is being generated and used across various business activities.

39.4 Executive Summary

The Executive Summary report consolidates key financial insights, including cash flow, profitability, and balance sheet reports, for a specific period. This comprehensive summary can be accessed from the Reporting menu. The Performance tab provides critical performance indicators such as Return on Investment (ROI), Gross Profit Margin, and Net Profit Margin, helping you assess the overall financial performance of the business.

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In addition, the Position tab offers insights into the company's financial standing, displaying metrics like Average Debtors Day, Average Creditors Days, Short-Term Cash Forecast, and the ratio of Current Assets to Liabilities. These indicators are essential for understanding liquidity, efficiency, and financial stability.

39.5 Tax Return

The Tax Return platform, available through the Reporting menu, allows you to generate detailed reports on both sales and purchase taxes for a specific period.

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These reports provide an overview of your tax obligations and can help ensure compliance with tax regulations. Additionally, the Closing Entry option enables you to submit the return tax for the selected period, streamlining the process of filing your tax returns.

39.6 EC Sales List

In Odoo 18 Accounting, the EC Sales List (ECSL) is a reporting tool designed to track the sales and transfers of goods and services to VAT-registered companies in other EU countries.

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This report helps VAT-registered businesses, particularly in the UK, meet their reporting obligations to Her Majesty's Revenue and Customs (HMRC). The ECSL provides a clear overview of sales to EU companies and is easily accessible through the Reporting tab in the Odoo Accounting module, ensuring compliance with VAT regulations.

39.7 General Ledger

The General Ledger report in Odoo provides a comprehensive overview of all financial transactions across all accounts set up in your system for a selected time period.

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It displays key details such as the account name, Date, Communication, Partner, Currency, Debit, Credit, and Balance for each transaction. This report serves as a complete record of your organization's financial activities throughout the fiscal year, allowing you to track and analyze all accounting entries systematically.

39.8 Trial Balance

The Trial Balance report is an essential accounting report that summarizes the outcomes of all accounting entries made through various journals. It is typically generated at the end of the organization's financial year and plays a crucial role in the auditing process.

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The report displays key information, including the credit and debit amounts from the opening balance, the chosen month/year, and the final balance of the journal entries. This provides a clear picture of the overall financial position of the organization, helping ensure that the books are balanced and accurate.

39.9 Journal Audit

The Journal Audit feature lets you generate detailed accounting reports for any journal configured in the Accounting module.

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For each journal, you’ll see a list of its corresponding entries; complete with the entry Name, Code, Debit, Credit, and Balance, so you can review activity and balances at a glance.

39.10 Intrastat Report

The Intrastat report records the movement of goods between EU member states, helping businesses comply with EU trade‑statistics requirements. In Odoo Accounting you can access it from Reporting ▸ Intrastat Report.

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39.11 Check Register

In Odoo 18 Accounting, you can handle large vendor payments by issuing and printing checks once you activate the Checks feature in Settings › Accounting › Payments.

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After enabling it, specify your preferred checks layout along with the top and left margins, then save the configuration.

Next, open your relevant bank journal, switch to the Outgoing Payments tab, and add Checks as an available payment method.

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A new Check Printing section appears at the lower‑right of the journal form; enable Manual Numbering there and enter the Next Check Number, Odoo will automatically increment this number with each new check.

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When paying a vendor bill, click  Pay on the bill, choose the bank journal you configured, and select Check as the payment method. After validating, you can print the check directly.

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For auditing purposes, go to Reporting and select Check Register. This report lists every check‑based payment, supports filters for quickly isolating the data you need, and can be exported to PDF if required.

39.12 Partner Ledger

The Partner Ledger report in Odoo 18 gives you a consolidated view of every receivable and payable journal entry linked to each partner for a selected period.

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For every partner it lists the associated journal, account, internal reference, due date, matching number, debit, credit, original amount, transaction currency, and the running balance.

39.13 Aged Receivable

In Odoo 18’s Aged Receivable report, found under the Reporting, you can instantly see every customer invoice that remains unpaid as of a specific cut‑off date.

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The report organises each open item into ageing buckets based on the payment terms you defined, so any invoice that has drifted past its due date is flagged as part of your aged receivables. When generating reports in Odoo 18, you can choose specific criteria to filter and refine your results. Common filtering options include Date, which lets you select a specific month, quarter, fiscal year, or custom range; Journal, allowing you to narrow down entries by the journal type, such as customer invoices or vendor bills; and Partner, which filters results based on specific customers or vendors. Depending on the type of report, you may also filter using other fields, such as product category, user, or analytic account, helping you gain more targeted and insightful financial data.

39.14 Aged Payable

The Aged Payable report in Odoo 18 mirrors the logic of the Aged Receivable view but focuses on your company’s overdue supplier bills.

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It lists every vendor invoice that remained unpaid past its contractual due date as of the chosen cut‑off date, grouping the amounts into ageing buckets so you can see how long each liability has been outstanding.

39.15 Invoice Analysis

In Odoo 18, you can analyze sales and purchase performance by opening Reporting › Invoice Analysis and selecting the accounting period you want to study.

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The view can be switched between dynamic graphs and an interactive pivot table, letting you slice data however you prefer.

Key measures available include Average Price, Product Quantity, Total, Untaxed Total, and a simple transaction Count. Built‑in filters; such as My Invoice, To Invoice, Customer, Vendor, Invoice/Credit Note, Invoice Date, and Due Date, let you narrow the dataset instantly, while the Customize panel allows you to add your own fields and conditions so you can build bespoke filters for deeper invoice analysis.

39.16 Analytic Report

The Analytical Accounting report in Odoo 18 serves as a powerful tool for drilling into your company’s financial data. By leveraging analytic accounts and tags, it lets you interpret costs, revenues, and margins across projects, departments, or any dimension you define in your chart of accounts.

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39.17 Audit Trails

Audit trails are vital for accountability and transparency: they log every step of a financial transaction so auditors can verify accuracy, spot errors or fraud, and ensure compliance. In Odoo 18 Accounting, you can activate this safeguard by enabling Audit Trail in Settings › Accounting.

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Once turned on, every change a user makes to an invoice is timestamped and stored. Clicking the Audit Trail from the Reporting menu opens a detailed ledger that lists the date of each modification, the user who made it, the affected journal entry, and a concise description of what changed.

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This chronological record lets auditors trace alterations easily, bolstering data integrity and reinforcing stakeholder confidence in your financial statements.

39.18 Unrealized Currency Gains/Losses

In Odoo 18 Accounting, the Unrealized Currency Gains/Losses report under the Reporting menu provides a detailed view of all open accounts on your balance sheet that need to be re-evaluated based on the current exchange rates.

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The report is grouped by the currency used in each account and displays key information, such as Balance in Foreign Currency, Balance at Operation Rate, Balance at Current Rate, and the Adjustment details. If needed, you can make adjustments to your entries using the Adjustment Entry button.

39.19 Product Margin

Odoo 18’s Product Margin report lets you drill into the profitability of each item you sell. Open it through Reporting › Product Margin and enter a date range; you can also filter by invoice state to focus on Paid, Open and Paid, and Draft, Open, and Paid.

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Click Open Margin and Odoo generates a table that lists every product alongside its internal reference, average selling price, invoiced quantity, turnover, sales gap (difference between turnover and cost), total cost, purchased quantity, realised margin, expected margin, margin rate, and the percentage variance from the expected margin.

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These metrics give you a clear snapshot of which products are driving profit, where costs may be eroding returns, and how actual performance compares to your forecasts.

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