Odoo Accounting and Bookkeeping Services
in Estonia
Wisor Accounts is an Estonian accounting firm that keeps, reviews, and corrects accounting records in Odoo.
We work with Estonian companies, e-resident companies, and foreign-owned businesses that use Odoo as their accounting system.
We take over monthly bookkeeping, fix errors in existing Odoo records and prepare VAT returns and annual reports in line with Estonian law.
Who this service is for
- Companies that already use Odoo and need an accountant who knows the system
- E-resident and foreign-owned companies that run their business in Odoo and need Estonian reporting done correctly
- Businesses whose Odoo records have errors, gaps or unreconciled balances
- Companies moving their accounting into Odoo from another system
- Odoo users whose previous accountant has left or who want to outsource bookkeeping
Common problems we fix in Odoo
Odoo automates a lot, but the results are only as good as the setup behind them. These are the issues we see most often:
- Wrong VAT settings, so the VAT return (KMD and KMD INF) does not match the books
- Products, taxes or journals mapped to the wrong accounts in the chart of accounts
- Bank and payment provider transactions that are duplicated, missing or not reconciled
- Multi-currency transactions booked at the wrong rate or with unrealised differences left open
- Inventory and cost of goods sold that do not match the balance sheet
- Opening balances and historical periods carried over incorrectly
- Sales from e-commerce and payment platforms (for example Stripe, PayPal, Shopify) booked as lump sums without fees, VAT or refunds
Our Odoo accounting services
- Odoo accounting review – we check your configuration and records and tell you what is wrong and what it takes to fix it
- Cleanup and correction – we correct past periods, reconcile accounts and bring the books up to date
- Monthly bookkeeping in Odoo – purchase and sales invoices, bank reconciliation, payroll entries and month-end closing
- VAT accounting – VAT settings in Odoo and monthly VAT returns (KMD, KMD INF) to the Estonian Tax and Customs Board
- Payroll and tax returns – monthly TSD returns and payroll accounting
- Annual reports – preparation and submission of the annual report to the Estonian e-Business Register
- Chart of accounts setup – an Estonian chart of accounts and tax setup that fits your business
- Migration to Odoo – moving opening balances and accounting history from another system
- Management reporting – profit and loss, cash flow and other reports from Odoo for owners and investors
How we work
- Initial conversation. You describe your business, how you use Odoo and what you need.
- Access and review. You give us an Odoo user with accounting rights. We review the setup, integrations and records.
- Proposal. You receive a written proposal with the scope of work, timeline and fees.
- Correction. If the books need fixing, we correct them first so ongoing work starts from accurate figures.
- Ongoing accounting. We keep the books monthly, file tax returns on time and prepare the annual report.
Why every Odoo case is priced individually
No two Odoo setups are the same. The workload depends on transaction volume, the quality of the existing records, the number of integrations, customisations and your industry. A task that looks simple can require a careful review to stay compliant with Estonian accounting and tax rules. That is why we review your situation first and then give you a fixed proposal, instead of a price that changes later.
Why Wisor Accounts
- Practical experience with Odoo accounting in Estonia, including cleanup of complex cases
- Knowledge of Estonian accounting law, Estonian GAAP and tax requirements
- Experience with e-resident and international companies
- One contact for bookkeeping, VAT, payroll and annual reporting
- Wisor can also provide a part-time Estonian management board member if your company needs one
Frequently asked questions
Do you work with Odoo Community and Odoo Enterprise?
Yes. We work in both editions and in Odoo Online, Odoo.sh and self-hosted installations.
Are you an Odoo implementation partner?
No. We are accountants, not developers. We handle the accounting side and work together with your Odoo partner or developer when configuration changes are needed.
Can you fix accounting errors from previous years in Odoo?
Yes. We review past periods, correct entries and reconcile balances. If a filed VAT return or annual report is affected, we advise on corrections to the Tax and Customs Board or the e-Business Register.
Can you take over bookkeeping from our previous accountant?
Yes. We review the state of the books at the handover date and continue from there.
Do you support e-resident companies?
Yes. We work with e-resident companies in English and handle their Estonian reporting obligations.
What does Odoo accounting support cost?
The fee depends on transaction volume, the condition of the books and integrations. After an initial review we send a written proposal with a fixed scope and fee.
What do you need from us to start?
A short description of your business and an Odoo user with accounting access. For a cleanup project, also any previous filings and bank statements.
Get an initial assessment
Tell us how you use Odoo and what you need help with. We will review your situation and send you a proposal for the most efficient and compliant solution.