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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.
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Best for small to medium-sized businesses.
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Suitable for businesses across various industries seeking streamlined accounting.
Odoo Accounting features
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.
- 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.
- 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.
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Odoo Accounting has a free plan.
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Odoo Accounting has a free trial.
For one app only, unlimited users, Odoo Online.
All apps, Odoo Online.
All apps, Odoo Online / Odoo.sh / On-premise, Odoo Studio, Multi-Company, External API
Odoo Accounting alternatives
Zoho Finance PlusUnified finance platform for back-office operations and financial health.Read more
Odoo Finance AppsStreamlined accounting, expenses, and invoicing in one integrated suite.Read more
Odoo Accounting FAQ
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.