What Is Accounting Automation?

Definition: Accounting automation uses software to perform repetitive accounting tasks automatically, including bank reconciliation, invoice generation, payment matching, tax calculation, expense categorization, and financial report generation.

Accounting Automation Explained

Odoo Accounting automates: bank transaction import and smart matching, recurring invoice generation, payment follow-ups via email, tax computation based on fiscal position rules, currency revaluation, and period closing. AI-powered features include automated transaction categorization and anomaly detection. Automation reduces month-end close from weeks to days.

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