How to choose the right accounting software for your Belgian SME
Choosing accounting software can feel overwhelming—especially with so many options on the Belgian market. Whether you're a startup or a growing SME, finding the right tool is essential for saving time, staying compliant with Belgian regulations, and making better business decisions.
In this guide, we’ll walk you through the key criteria to consider, compare popular platforms like Yuki, Exact, Odoo, and Octopus, and help you make an informed choice for your company.
Why Belgian SMEs need the right accounting software
Belgian companies face unique accounting challenges, including:
- Strict VAT reporting obligations (monthly or quarterly)
- Intervat submission requirements
- Digital invoicing rules (e.g., Peppol)
- Complex Belgian payroll and chart of accounts setups
The right software ensures:
- Compliance with Belgian laws and tax rules
- Efficiency in invoicing, expense tracking, and reporting
- Scalability as your company grows
Key criteria when choosing accounting software in Belgium
When evaluating accounting tools, keep these four areas in mind:
1. Belgian VAT and compliance support
Your software must support:
- Automatic VAT calculations (standard, reduced, exempt)
- BE tax reports in XML format
- Intervat and Peppol integrations
- Correct Belgian COA (chart of accounts) structure
2. Automation and integrations
Time-saving features are key:
- Automatic bank sync (e.g., via CodaBox)
- Smart invoice matching and OCR scanning
- Integration with CRM, HR, e-commerce, or project management tools
3. Pricing and scalability
- Does the pricing match your current needs and future growth?
- Are modules like inventory, payroll or HR included or extra?
- Can you start small and upgrade later?
4. Ease of use and support
- Is the user interface beginner-friendly?
- Is documentation available in Dutch, French, or English?
- Does the vendor offer local support or partners in Belgium?
Comparison: Yuki vs Exact vs Odoo vs Octopus
Here’s a high-level comparison of four major accounting solutions used by Belgian SMEs:
Open-source / customization
Pros and Cons
•Very user-friendly
•OCR and automation built-in
•Limited customization
•No Intervat export
•Strong in compliance and modules
•Established in Belgium
•Expensive for growing SMEs
•Can be complex to implement
•Highly flexible and modular
•Strong compliance for BE (VAT, Intervat, Peppol)
•Integrates natively with sales, CRM, inventory, etc.
•Needs proper setup (best with a partner like Bodoo)
•Budget-friendly
•Good for sole traders or freelancers
•Not ideal for fast-growing SMEs
•Limited integrations
Bodoo’s take: Why we recommend Odoo for most SMEs
At Bodoo, we’ve worked with dozens of Belgian SMEs across sectors like logistics, retail, and consulting. In most cases, Odoo offers the best balance between:
- Belgian compliance
- Scalability and modularity
- Cost-efficiency
- Integration possibilities
With the right partner, Odoo transforms from a basic accounting tool into a complete business platform tailored to your needs. We handle the technical setup, compliance rules, and user training—so you can focus on your business.