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About Odoo Accounting

Odoo Accounting as an intuitive accounting software comprises a variety of essential tools for growing businesses. For starters, a beautifully designed user interface greets all users, allowing them to navigate without hassles. Users can keep a track of their matters of interest and receive real-time notifications regarding the same. Since Odoo Accounting is accounting redefined, automation reduces a lot of actual paperwork that were previously required to prepare invoices, print them and maintain a record of bank statements as well. Further, payments with several invoices can be reconciled using an option for the same on the payment form. Odoo invoices for customers are detailed with essential inclusions like payment terms, service taxes and discounts, besides being compatible with multiple payment modes at the same time. Moreover, the Odoo pivot table provides real-time business insights and allows users to navigate through relevant information and multiple standard tables for a clear overview.

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Screenshots & Videos

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Pricing

SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

  • Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    95%
  • Reviews
    79%
  • Momentum
    62%
  • Popularity
    64%

Platforms Supported

  • Browser Based (Cloud)

Organization Types Supported

  • All (Small, Medium, Large)

API Support

  • Available

Modes of Support

  • Business Hours, Online

Odoo Accounting Features

Accounting Features

  • Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more
    95%

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Payroll

Handling the salary payable to the employees

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Cash Management

Collection and management of cash.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Spend Management

Managing the expenditure of a business in order to build its product or services

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

Collections

Recovery of cash from a business or individual.
Odoo Accounting Pricing

Free Trial

Available

No Credit Card Required, Get Started for Free

Pricing Options

Freemium ( Limited Features )

Premium Plans ( Subscription )

Pricing Plans

MONTHLY YEARLY

One App Free Free

Features

  • For One App Only, Unlimited Users
  • Odoo Online

Standard $24.90 $31.10 per user / month

Features

  • All Apps
  • Odoo Online

Custom $37.40 $46.80 per user / month

Features

  • All Apps
  • Odoo Online / Odoo.sh** / On-premise
  • Odoo Studio
  • Multi-Company
  • External API

Screenshots of Vendor Pricing Page

Pricing screenshot
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Disclaimer: The pricing details were last updated on 28/06/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Odoo Accounting Pricing

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Odoo Accounting Reviews

User Rating

4.1/5 (Based on 323 Ratings)

Rating Distribution

  • Excellent

    53.3%
  • Very Good

    26.6%
  • Average

    8.4%
  • Poor

    1.9%
  • Terrible

    9.9%

User Sentiments

User-Friendly Interface, Comprehensive Accounting Features, Extensive Integrations, Efficient Financial Management

Inadequate Customer Support, Complex Customization Process, Software Bugs and Glitches, Limited Multi-Currency Support

Do You Use Odoo Accounting?

Write a Review

Review Summary

Users appreciate Odoo Accounting's user-friendliness, customization options, and the comprehensive suite of accounting features. It integrates seamlessly with other Odoo modules, enabling efficient management of various business aspects. Additionally, users value the strong customer support provided by Odoo. However, some users have reported issues with the accuracy of financial reports, occasional glitches, and the need for improvement in inventory management capabilities. Overall, users find Odoo Accounting to be a reliable and feature-rich accounting solution for businesses of all sizes.

Pros

  • Comprehensive suite of business applications: Provides a range of modules for various business needs, including accounting, CRM, and project management.
  • Opensource platform: Offers customization and flexibility, allowing businesses to tailor the software to their specific requirements.

Cons

  • Steep learning curve: The complexity of the software may require extensive training and onboarding, especially for users new to ERP systems.
  • Limited customer support: Some users have reported challenges in obtaining timely and effective support from the company.

Odoo Accounting Reviews

AI-Generated from the text of User Reviews

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Odoo Accounting FAQs

What is Odoo Accounting used for?

Odoo Accounting is Accounting Software. Odoo Accounting offers the following functionalities:

  • Tax Management
  • Revenue Recognition
  • Purchasing
  • Project Accounting
  • Payroll
  • Multi-Currency
  • General Ledger
  • Expense Tracking
  • CPA Firms
  • Cash Management
  • Billing and Invoicing
  • Bank Reconciliation
  • Accounts Receivable
  • Accounts Payable

Learn more about Odoo Accounting features.

What are the top alternatives for Odoo Accounting?

Here`s a list of the best alternatives for Odoo Accounting:

Does Odoo Accounting provide API?

Yes, Odoo Accounting provides API.

Odoo Accounting Contact

Vendor Details

Brussels, Belgium

Contact Details

+32 81 81 37 00

https://www.odoo.com/page/accounting

Social Media Handles

Not available

Disclaimer

This research is curated from diverse authoritative sources; feel free to share your feedback at [email protected]

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