Every company needs effective accounting and financial management systems, without which it may not function properly. Some of the major tasks involved are bookkeeping, generation of financial statements, summing and reporting of financial transactions and other related work. Odoo Finance Management Software is a great solution as it automates all the financial functions and processes through the application. Odoo’s finance management software provides all functions of off the shelf accounting and finance software such as QuickBooks and Tally, as well as for unique features such as Integrated Analytics Accounting. Accounting and Financial Management system of Odoo is integrated with other system modules such as HR, Project management, Sales and Purchase. The entire accounting process is integrated with projects, timesheets, invoices, etc. thus reducing the manual work drastically.