$ 95.52
| Required Apps |
•
Invoicing (account)
• Discuss (mail) |
| Community Apps Dependencies |
oi_base
|
| Technical Name |
oi_bank_reconciliation
|
| License | OPL-1 |
| Also available in version | 18.0 17.0 16.0 15.0 |
Introduction
The oi_bank_reconciliation module restores and enhances bank statement reconciliation capabilities in Odoo Community editions. It enables easy linking of invoices and transaction details with bank statements—functionality that may be missing or limited. By providing structured reconciliation workflows, it aids in detecting discrepancies between bank records and accounting entries. Ideal for businesses looking to automate reconciliation while improving accuracy and reducing manual workload, this module reinforces financial control and audit readiness.
Key Features
Link bank statement lines directly to invoices, payments, or other journal entries for accurate matching
Support multiple reconciliation methods including automatic matching, customer/vendor matching, and manual operations
Create write-off entries or manual journal adjustments in cases of mismatches
Generate statement transactions from payments to facilitate alignment with bank statements
Utilize Excel import capabilities to bring in bank statement data for efficient processing
Assign matching numbers to link journal entries and statement lines, improving traceability
Benefits
Streamline reconciliation workflows by aligning payments and invoices with bank records efficiently
Reduce manual effort and errors by automating key reconciliation steps
Enhance auditability with linked transaction traces and write-off support
Support flexible reconciliation methods tailored to diverse financial scenarios
Improve financial accuracy and trust in bookkeeping through controlled matching processes
Compatibility & Technical Details
Technical Name: oi_bank_reconciliation
License: OPL-1
Required Modules:
Invoicing (account)
Discuss (mail)
Installation Steps:
Ensure that the Invoicing and Discuss modules are installed and active.
Place the oi_bank_reconciliation module into your add-ons directory.
Update the module list and install the module.
Access the Bank Statements menu under Accounting → Miscellaneous to begin matching statement lines with invoices or payments, using automatic, customer/vendor, or manual reconciliation workflows.
Bank Statement Reconciliation (Odoo 17)
"Accurate and Effective Account Reconciliation"
This module offers reconciliation for Odoo 17 Community and enables easy linking of your invoices and all transaction details with the bank statements.
Description
A bank reconciliation statement is a summary of banking and business activity that reconciles an entity's bank account with its financial records. The statement outlines the deposits, withdrawals and other activities affecting a bank account for a specific period.
☛ To do this, you need to find the corresponding invoices and compare the amounts and partners' details with those in the bank statement, which can be a tedious task and a time-consuming process. Luckily, with Odoo, you can easily match your invoices or any other payment transaction with your bank statements. Unfortunately, this feature has been removed from the Odoo 17 Community version.
For this reason, Openinside developed and offered its specially designed “Bank Statement Reconciliation” module as a solution which extends the functionality of the Accounting module and helps the user to match the cash/bank balances on the balance sheet to the corresponding amount on your bank statement. In addition, it determines the differences between the General Ledger and Bank Statement in order to make changes to the accounting records, resolve any discrepancies, and identify fraudulent transactions.
Menu
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Accounting
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Bank Statements
Reports
Odoo standard module report.
Key Features
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Streamlined reconciliation process.
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Support for different reconciliation methods.
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Fully integrated with other Odoo applications.
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Ability to create write-offs or manual journal entries.
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Ability to register transactions with different criteria.
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Improving the quality and accuracy of financial data.
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Ability to create statement transactions from payments.
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Ability to import statement transactions from Excel (Default Odoo import feature).
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Links journal entries and bank statement lines by creating shared matching numbers.
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Ability to reconcile transactions using payment matching, customer/vendor matching, or manual operations.
Demonstration
Creating a Bank Statement
Import statement transactions from Excel (Default Odoo import feature)
Reconcile transaction with Payment Matching, Customer/Vendor Matching or Manual Operations
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.