Official odoo partner
Odoo Accounting Services in the US
Accounting and finance ownership for businesses running Odoo.
Ledger Labs is a US-based accounting firm that runs outsourced Odoo accounting and bookkeeping for businesses generating $2M–$50M in annual revenue. We fix the accounting inside Odoo, then keep running the books, close, controls and reporting so your numbers stay dependable.
2,246+
Clients served since 2014
12 +
Years in industry
150 +
Strong team
WHAT WE FIX
Odoo Accounting Problems We've Solved for Clients
Our Odoo accounting firm has handled many different problems, including duplicate payments, stock valuations that vary widely, and invoices that end up in the wrong fiscal year. Here’s what we can fix.
Problem: Every payment shows up twice because a bank feed carried the wrong reference.
Fix: We correct the feed mapping and clean out the duplicates for good.
Problem: Your chart of accounts never got updated as the business grew; it doesn't reflect reality anymore.
Fix: We rebuild it structured around how your business actually operates today.
Problem: There's no clear record of who approved what, so errors slip through unchecked.
Fix: We set up posting controls and audit trails, so nothing enters the books unverified.
Problem: Shopify, Amazon, or other channels don't sync cleanly into Odoo.
Fix: We fix the integrations, so every channel posts accurately, every time.
Problem: Time zone or setup issues push invoices into the wrong fiscal period.
Fix: We correct the postings and lock down the setup so it doesn't happen again.
Problem: Fiscal positions weren't updated as you crossed new state nexus thresholds.
Fix: We monitor thresholds and configure the correct tax positions before they become exposure.
Problem: An incorrect costing method has your stock valuation swinging wildly.
Fix: We apply the right valuation method consistently, so your numbers hold.
Problem: Intercompany eliminations never touch the right journal, so consolidated reports don't tie out.
Fix: We rebuild the consolidation structure, so every entity rolls up correctly.
Our Services
Odoo Accounting Services We Provide
Ledger Labs runs your accounting inside Odoo: bookkeeping, bank and card reconciliations, accounts payable and receivable, inventory and COGS, sales tax, month-end close and management reporting. We work in your Odoo database, so your data never moves to another system.
- Deep Odoo Expertise
We understand the quirks of Journal Entries, Fiscal Positions, and multi-company settings, and how one wrong setting can throw your Trial Balance off for months. Every workflow is burn-tested before month-end.
- Live Financial Visibility
Secure data pipelines sync invoices, payments, and inventory movements in minutes, not days. You open a browser and see today's figures, already reconciled, no more week-old exports.
- Clean Data Infrastructure
We start with a forensic data review, isolate every unexplained balance, and rebuild source records until each document reconciles back to reality, then lock posting permissions so new errors can't slip in.
- Industry-Specific Workflows
Manufacturing and distribution, inventory-led ecommerce and CPG each stress Odoo differently. We build a workflow per sector, with landed-cost allocation and project profitability tracking.
- Proactive Compliance Assurance
We monitor federal and state updates daily and maintain compliance calendars inside Odoo. When a nexus threshold approaches, we flag exposure and configure the right fiscal positions before it becomes a problem.
- Real-Time Dashboards & Fast Close
A documented close playbook lists every reconciliation and its owner. We reconcile cash, receivables, payables, inventory, and payroll accruals by day three, then issue preliminary financials by day five.
HOW IT WORKS
How Our Odoo Accounting Firm Onboards You
We follow four steps to improve your Odoo setup. First, we review what you currently have. Next, we rebuild it with better controls. Then, we automate your workflows. Finally, we set up real-time reporting.
Accounting Assessment
We review your Odoo setup carefully, checking each part, fiscal positions, journals, tax mappings, and multi-company settings. Our goal is to identify problems, duplicates, or anything slowing you down, then build a clear plan and roadmap that fits how your business operates.
Chart of Accounts & Internal Controls
We organize your books in Odoo by setting up a clear chart of accounts and mapping sales taxes. We also ensure your data is reconciled. We add posting controls, set user access levels, and create audit trails. This helps prevent the same mistakes from occurring again and keeps your books dependable.
Automation Built for Your Workflow
We make your accounting easier with automation and customized workflows, recurring invoices, payroll journals, bank feeds, and integrations with platforms like Shopify and Amazon. Transactions update automatically, and your team avoids unnecessary manual tasks.
Real-Time Reporting
We build dashboards and scheduled reports in Odoo that show revenue, expenses, margin, and cash flow whenever you need them. You don't wait until month-end to see how the business is doing; every decision is based on up-to-date numbers.
BOOKKEEPING
Odoo Bookkeeping Services: What's Included Every Month
Ledger Labs runs your bookkeeping inside your Odoo database, so your data never moves to another system.
Read our complete Odoo bookkeeping guide to see how Odoo bookkeeping works, or see how Odoo invoicing and billing fits in.
Transaction Recording and Coding
Each month we record and code your transactions.
Reconciliations, Payables and Receivables
We reconcile bank and card accounts and manage accounts payable and receivable.
Month-End Close and Management Reports
We close the month with supporting workpapers, prepare management reports and keep recurring exception controls in place.
reviews
Here's What Happens When You Work With Us!
5.0
From 20 reviews
Patrick Hensley
Head of Product at AtlasPeak Technologies
reviewed on 27/3/2026
Fractional CFO Service that made financial planning easier
Hiring a full-time CFO wasn’t practical for us, but we still needed high-level financial guidance. Ledger Labs’ fractional CFO service gave us exactly that. They helped us set budgets, improve cash flow management, and prepare for investor discussions.
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Kevin Hollis
Senior executive at Canyon Peak Outfitters
reviewed on 17/7/2026
Great Experience with Ecommerce Accounting
We’ve partnered with Ledger Labs for about 18 months to manage bookkeeping and ecommerce accounting. Selling across Shopify and Amazon made reconciliation challenging, and our reports were never completely accurate. Their team streamlined the entire process and helped us understand where our profits were actually coming from. They’re easy to reach, communicate clearly, and resolve issues quickly.
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Ian Delaney
Project Assistant at Fairmont Systems Inc
reviewed on 20/6/2026
Great Bookkeeping Support
We’ve been working with their bookkeeping team for a little over 2 years. Before that, our books were constantly behind, and I never felt confident looking at our financial reports. The team helped clean up historical transactions and built a process that keeps everything updated each month.
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Reviews (38)
5.0
Trevor James
May 08
We contacted Ledger Labs when our QuickBooks records became difficult to manage internally. There were duplicate entries, unreconciled transactions, and several months of pending bookkeeping work. Their team handled the cleanup process professionally and explained every correction clearly. After the cleanup, they also helped us establish a monthly bookkeeping workflow that made reporting much more organized.
Jason Carter
Apr 25
Ledger Labs has been a reliable accounting partner for our business. Their team is responsive, organized, and always delivers work on time. Highly recommended for startups and growing companies.
Gregory Walsh
Apr 04
We run a mid-sized Shopify store, and our books were always a mess, especially with payouts and fees. Ledger Labs cleaned everything up, and now our monthly reports actually make sense. It’s much easier to see where we’re making money and where we’re not.
BUILT FOR YOUR INDUSTRY
Odoo Accounting Built Around Your Industry
Manufacturing and distribution, inventory-led ecommerce, CPG and startups each have different needs in Odoo. Many accounting firms treat these sectors the same. We build a workflow per sector.
Keep track of your inventory at the SKU level, sync sales across multiple channels like Shopify and Amazon, and manage your costs to maintain accurate profit margins as your business grows.
Manufacturing
Allocate landed costs by linking freight expenses to product profits. Set up job costing to reflect how your production floor operates.
Startups
Teams that are growing fast and need investor-ready documents should set up clear structures for multiple companies in Odoo from the start.
Team You Can Count On
Gary Jain
Founder & CEO
Gary is the Founder & CEO of Ledger Labs, which he started in 2014. With over a decade in accounting, he oversees CFO services, ERP accounting, and finance automation for ecommerce, CPG, and manufacturing businesses in the United States. He is also a council member of Forbes.
Allison Rinehimer
CPA | Operations Manager
Allison is a (CPA) and a member of the AICPA. She oversees operations at Ledger Labs, where every close follows a written checklist with a named owner and deadline. With experience in both public and private accounting, she builds scalable systems that support fast-growing ecommerce businesses.
Matt Hidalgo
Accountant
Matt has worked in accounting across ecommerce, SaaS, and technology. He specializes in financial reporting, month-end close management, and ERP transitions, including NetSuite. Matt supports clients' monthly close and reporting, so they have financials to use in growth decisions.
Software We Work In
Our Testimonials
Hear from More Business Owners Who Were in Your Exact Position
Find out what our customers are saying about our services.
WHY LEDGER LABS
Why Businesses Choose Ledger Labs for Odoo Accounting
Ledger Labs handles the accounting and finance side of Odoo: bookkeeping, reconciliations, close, inventory costing and reporting, all inside your own Odoo database.
For custom code, new modules or hosting, we work alongside your Odoo technical specialist and give them the finance requirements.
For industry detail, read our guides to Odoo accounting for retail businesses, Odoo accounting for startups and Odoo accounting for CFOs.
- Official Odoo partner
- US-based accounting firm with a team of 150+
- Across all our services, we have served 2,246+ clients since 2014
FAQ
Odoo Accounting and Bookkeeping FAQs
1. What is Ledger Labs?
Ledger Labs is a US-based accounting firm that runs outsourced Odoo accounting and bookkeeping for businesses with $2M–$50M in annual revenue. We work inside your Odoo database to keep the books, the close and the reporting accurate every month.
2. What does an Odoo accounting firm actually do?
An Odoo accounting firm like Ledger Labs does the accounting work inside your Odoo system: bank reconciliation, accounts payable and receivable, payroll journal integration, inventory costing, general ledger management, and monthly financial closing. Unlike typical outsourced accounting, we work directly in Odoo without moving your data to another system.
3. Can you take over an Odoo instance someone else set up?
Ledger Labs takes over Odoo instances that someone else set up. We check the accounting setup, including the chart of accounts, tax rules, and how reconciliations work, and look for errors from earlier imports. We fix any problems before starting monthly work, so you’re not paying us to sort out incorrect data for long.
4. What's the difference between an Odoo consultant and an Odoo accountant?
An Odoo consultant configures the software, while an Odoo accountant makes sure the numbers it produces are correct, reconciled and ready for tax and reporting. A consultant can create a tax setup that results in a filing error; the accountant keeps the books behind the return correct. Ledger Labs is the accountant.
5. Do you handle taxes as well as bookkeeping?
Our work is the accounting inside Odoo: bookkeeping, month-end close and reporting, so your numbers are ready for tax time. To see what is included for your business, book the free 30-minute consultation.
6. Do you work with Odoo Community or only with Enterprise?
Ledger Labs supports both Odoo Community and Odoo Enterprise. The Community Edition offers basic accounting features suitable for many businesses, but it lacks some automation and reporting tools found in Enterprise. We help you determine which edition fits your needs.
7. Can you handle multi-entity and multi-currency accounting in Odoo?
Ledger Labs handles multi-entity and multi-currency accounting in Odoo. Odoo allows you to manage multiple companies and currencies in one database, with its own chart of accounts per company and automatic exchange rate handling. It’s important to set this up correctly for accurate consolidated reports. One common issue we see when taking over an existing setup is misconfigured intercompany rules.
8. How much do Odoo accounting services cost?
What you pay depends on transaction volume, number of entities, inventory complexity and the level of support you need. Plans and prices are on our pricing page, and a free 30-minute consultation gives you a scope for your business.
9. How fast can you close the month in Odoo?
Ledger Labs closes the month in Odoo one week after month end. The speed depends on how organized the setup is; unresolved bank feeds or faulty tax rules will slow down the first two cycles as we address these issues, then we return to a regular pace.
10. We're migrating to Odoo from QuickBooks or NetSuite. Can you help?
Ledger Labs handles the accounting side of a migration to Odoo from QuickBooks or NetSuite. Many people get the accounting part wrong; setting up opening balances, reconciling historical records, and mapping the chart of accounts are crucial for a smooth first close in Odoo.
11. Should we hire an in-house Odoo accountant or outsource our Odoo accounting?
Businesses usually choose between an in-house hire, a part-time accountant and an outsourced firm that works inside Odoo. Our guides compare in-house teams with an Odoo accounting firm and explain how to hire a part-time Odoo accountant. Ledger Labs is the outsourced option, and it starts with a free 30-minute consultation.
Blogs
Odoo Accounting Guides by Topic
Practical guides on Odoo migration, financial reporting, sales tax, payroll, integrations, hosting, and accounting for ecommerce and manufacturing.
See What Happens When You Work With Us
From saving thousands to scaling fast, these stories highlight how we help businesses grow smarter with real financial strategy and execution.
Empowering Business Confidence Through Precision and Insight
Navigating Financial Complexity to Secure Investment
We'd grown from a garage to three continents without ever updating our chart of accounts; it was a total mismatch for how we actually operated. Ledger Labs rebuilt it from scratch around our real business. It's the first time our Odoo reports have actually made sense.
Baxter Enwright Founder