What is Odoo Accounting and what does Odoo Accounting do?

Odoo Accounting is cloud-based accounting software that streamlines financial management for businesses. It automates tasks like invoicing and bank synchronization, offers robust reporting, and integrates with other Odoo apps. This improves accuracy, provides real-time insights, and simplifies accounting processes.

How does Odoo Accounting integrate with other tools?

Odoo Accounting integrates seamlessly with other Odoo apps, such as Sales and Inventory, creating a unified business management platform. It also supports bank synchronization and offers compatibility with various third-party applications for extended functionality.

What the main competitors of Odoo Accounting?

Top Odoo Accounting competitors include Zoho Books, Wave, and Xero. These alternatives offer similar features like invoicing, expense tracking, and financial reporting, often with different pricing models and user experiences. Some may be better suited for specific business sizes or needs.

Is Odoo Accounting legit?

Yes, Odoo Accounting is a legitimate cloud-based accounting software. It's generally considered safe and reliable, offering features such as automated invoicing, bank synchronization, and financial reporting. However, some users find it difficult to learn and expensive.

How much does Odoo Accounting cost?

Odoo Accounting is available through the One App Free plan (free, limited features) or as part of the Standard ($19.90/user/month) and Custom ($29.90/user/month) plans with all apps. Add-ons and implementation services incur extra costs. A free trial is available.

Is Odoo Accounting customer service good?

Customer reviews on Odoo Accounting's support are mixed. While some users praise the ease of implementation and customer support, others report unhelpful technical support and a lack of knowledgeable consultants. This suggests that experiences with Odoo's customer service may vary.

Odoo Accounting

Name: Odoo Accounting
Rating: 3.88628 (958 reviews)
Author: Odoo

Website LinkedIn Twitter

Company health

Employee growth

29% increase in the last year

Web traffic

4% increase in the last quarter

Financing

March 2023 - $603M

Ratings

4.3/5

(60)

3.9/5

(958)

Odoo Accounting description

Odoo Accounting is cloud-based accounting software designed to simplify financial management for businesses of all sizes. It offers a range of features, including automated invoice creation, bank synchronization, and financial reporting. Odoo Accounting also supports multiple currencies and integrates with other Odoo apps like Sales and Inventory. The software aims to streamline accounting tasks, improve accuracy, and provide real-time financial insights for better decision-making.

Who is Odoo Accounting best for

Odoo Accounting is a cloud-based software designed to simplify financial management. Users love its easy invoice creation, automation, and comprehensive reports. However, some find the learning curve steep and documentation limited. Ideal for small to medium businesses seeking an integrated accounting solution.

Best for small to medium-sized businesses.
Suitable for businesses across various industries seeking streamlined accounting.

Odoo Accounting features

Type in the name of the feature or in your own words tell us what you need

Supported

Odoo Accounting can generate balance sheets, P&L statements, and cash flow statements.

Supported

Odoo supports multi-company and multi-currency accounting, including automatic conversions.

Supported

Odoo Accounting supports automatic payment reminders natively and via third-party apps.

Supported

Odoo Accounting supports bank reconciliation, allowing users to match bank statements with internal records.

Odoo Accounting reviews

We've summarised 60 Odoo Accounting reviews (Odoo Accounting G2 reviews) and summarised the main points below.

Pros of Odoo Accounting

Easy invoice creation and automation.
Provides comprehensive financial reports for decision-making.
User-friendly interface for basic accounting tasks.
Real-time bank synchronization.
All-in-one integrated platform with various modules.

Cons of Odoo Accounting

Difficult learning curve for non-accountants.
Limited documentation for reports and terminology.
Mobile app lacks features.
Bank reconciliation and other reconciliations are not automated.
Expensive for small businesses.

Odoo Accounting pricing

The commentary is based on 5 reviews from Odoo Accounting G2 reviews.

Odoo Accounting offers a free version, making it appealing for startups and small businesses. Users appreciate its affordability and comprehensive features, even highlighting its low price compared to other platforms. While some modules require subscriptions, the free option provides a valuable entry point.

See the Odoo Accounting pricing page.

Odoo Accounting has a free plan.
Odoo Accounting has a free trial.

One App Free

0

For one app only, unlimited users, Odoo Online.

Standard

19.90

All apps, Odoo Online.

Custom

29.90

All apps, Odoo Online / Odoo.sh / On-premise, Odoo Studio, Multi-Company, External API

Odoo Accounting alternatives

Zoho Books

Better for a wider range of industries. Has a more user-friendly interface, especially for non-accountants. Integrates with other Zoho products. More affordable pricing plans. Growing faster than Odoo Accounting. However, users report unreliable bank feeds and slow customer support.
Read more
HubSpot Sales Hub

Better for sales teams in diverse industries like healthcare, finance, and retail. More suitable for medium and large enterprises. Stronger user ratings and reviews.
Read more
Zoho Desk

Better for customer service management. A strong Odoo Accounting alternative for companies focused on customer support. Caters to a wider range of industries and has more momentum.
Read more
Zoho BugTracker

Better for software development teams. Grows faster than Odoo Accounting. More affordable with a free plan option.
Read more
Wave

Better fit for freelancers and smaller businesses. Easier to use, with free core features. Has more momentum than Odoo Accounting, but customer support is a common concern.
Read more
Zoho Invoice

Better fit for a wider range of industries. Free, unlike Odoo Accounting, which has paid plans. Zoho Invoice has significantly more momentum and higher user ratings. An Odoo Accounting alternative and competitor.
Read more

Odoo Accounting FAQ

What is Odoo Accounting and what does Odoo Accounting do?

Odoo Accounting is cloud-based accounting software that streamlines financial management for businesses. It automates tasks like invoicing and bank synchronization, offers robust reporting, and integrates with other Odoo apps. This improves accuracy, provides real-time insights, and simplifies accounting processes.
How does Odoo Accounting integrate with other tools?

Odoo Accounting integrates seamlessly with other Odoo apps, such as Sales and Inventory, creating a unified business management platform. It also supports bank synchronization and offers compatibility with various third-party applications for extended functionality.
What the main competitors of Odoo Accounting?

Top Odoo Accounting competitors include Zoho Books, Wave, and Xero. These alternatives offer similar features like invoicing, expense tracking, and financial reporting, often with different pricing models and user experiences. Some may be better suited for specific business sizes or needs.
Is Odoo Accounting legit?

Yes, Odoo Accounting is a legitimate cloud-based accounting software. It's generally considered safe and reliable, offering features such as automated invoicing, bank synchronization, and financial reporting. However, some users find it difficult to learn and expensive.
How much does Odoo Accounting cost?

Odoo Accounting is available through the One App Free plan (free, limited features) or as part of the Standard ($19.90/user/month) and Custom ($29.90/user/month) plans with all apps. Add-ons and implementation services incur extra costs. A free trial is available.
Is Odoo Accounting customer service good?

Customer reviews on Odoo Accounting's support are mixed. While some users praise the ease of implementation and customer support, others report unhelpful technical support and a lack of knowledgeable consultants. This suggests that experiences with Odoo's customer service may vary.

Reviewed by

MK

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.