FreshBooks vs. Odoo Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreshBooks
Score 6.3 out of 10
Small Businesses (1-50 employees)
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
$15
per month
Odoo Accounting
Score 7.1 out of 10
N/A
Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…N/A
Pricing
FreshBooksOdoo Accounting
Editions & Modules
Lite
$15
per month
Plus
$30
per month
Premium
$55
per month
Select
Custom Pricing
No answers on this topic
Offerings
Pricing Offerings
FreshBooksOdoo Accounting
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Features
FreshBooksOdoo Accounting
Customization
Comparison of Customization features of Product A and Product B
FreshBooks
1.1
32 Ratings
145% below category average
Odoo Accounting
8.0
1 Ratings
15% above category average
API for custom integration1.127 Ratings00 Ratings
Plug-ins1.123 Ratings8.01 Ratings
Security
Comparison of Security features of Product A and Product B
FreshBooks
6.1
38 Ratings
26% below category average
Odoo Accounting
8.6
2 Ratings
8% above category average
Single sign-on capability10.01 Ratings00 Ratings
Role-based user permissions2.238 Ratings8.62 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreshBooks
4.5
52 Ratings
50% below category average
Odoo Accounting
9.1
2 Ratings
19% above category average
Dashboards4.552 Ratings8.62 Ratings
Standard reports4.250 Ratings8.62 Ratings
Custom reports4.82 Ratings10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreshBooks
4.4
51 Ratings
49% below category average
Odoo Accounting
8.6
2 Ratings
17% above category average
Accounts payable1.136 Ratings9.12 Ratings
Accounts receivable2.050 Ratings9.12 Ratings
Cash management7.03 Ratings9.12 Ratings
Bank reconciliation7.02 Ratings9.12 Ratings
Expense management2.446 Ratings9.12 Ratings
Time tracking2.839 Ratings00 Ratings
Multi-currency support7.01 Ratings9.12 Ratings
Regulations compliance1.118 Ratings00 Ratings
Self-service portal9.13 Ratings10.01 Ratings
Fixed asset management00 Ratings8.01 Ratings
Global Financial Support00 Ratings8.01 Ratings
Primary and Secondary Ledgers00 Ratings7.01 Ratings
Intercompany Accounting00 Ratings8.62 Ratings
Localizations00 Ratings8.62 Ratings
Journals and Reconciliations00 Ratings8.62 Ratings
Enterprise Accounting00 Ratings10.01 Ratings
Configurable Accounting00 Ratings9.12 Ratings
Centralized Rules Framework00 Ratings7.01 Ratings
Standardized Processes00 Ratings7.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreshBooks
3.8
44 Ratings
62% below category average
Odoo Accounting
7.7
2 Ratings
6% above category average
Pricing1.934 Ratings8.01 Ratings
Order entry1.134 Ratings8.01 Ratings
Credit card processing2.136 Ratings8.62 Ratings
Cost of goods sold10.01 Ratings8.62 Ratings
End-to-end order visibility00 Ratings7.01 Ratings
Order exception Resolution00 Ratings6.01 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreshBooks
-
Ratings
Odoo Accounting
7.0
1 Ratings
4% below category average
Pay calculation00 Ratings7.01 Ratings
Reimbursement management00 Ratings7.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreshBooks
-
Ratings
Odoo Accounting
7.3
1 Ratings
8% above category average
Inventory tracking00 Ratings7.01 Ratings
Automatic reordering00 Ratings7.01 Ratings
Location management00 Ratings7.01 Ratings
Manufacturing module00 Ratings8.01 Ratings
Best Alternatives
FreshBooksOdoo Accounting
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.9 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreshBooksOdoo Accounting
Likelihood to Recommend
1.4
(70 ratings)
9.5
(2 ratings)
Likelihood to Renew
7.6
(18 ratings)
-
(0 ratings)
Usability
4.8
(15 ratings)
9.1
(2 ratings)
Availability
10.0
(2 ratings)
-
(0 ratings)
Performance
8.0
(1 ratings)
-
(0 ratings)
Support Rating
4.5
(11 ratings)
8.1
(2 ratings)
Implementation Rating
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
FreshBooksOdoo Accounting
Likelihood to Recommend
FreshBooks
FreshBooks is the perfect tool for businesses who have hundreds of clients and customers whom they invoice regularly. It removes the need to manually send invoices to clients and customers, by streamlining inputted information to create an automated invoicing system which keeps clients and customers up to date with their bills. It is also a great tool for managing expenses, especially for companies with different teams working on varying projects, ensuring these teams do not exceed the budget ceiling.
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Odoo
I found out that a tile store near me uses this app. Odoo Invoicing is well suited to most businesses. Perhaps somebody with very little accounting background would find it difficult to use. That said with customer support options and the online training videos they offer, this could be overcome in most cases.
Read full review
Pros
FreshBooks
  • FreshBooks is pretty intuitive to use. I did have some questions when I first started using the system, but it wasn't a long learning curve.
  • FreshBooks provides more capability than other billing applications such as PaySimple or BlinkSale. FreshBooks does provide an easy invoicing function. It's easy to create invoices that can be sent via email or snail mail to one or more individuals (for example, the decision-maker and the accounting dept). Clients can pay online or send a check and then I note that the payment has been received. If paid by credit card, the system automatically marks the invoice paid. Your business accounts such as bank accounts can be linked to FreshBooks. Then, the system can automatically draw in expenses and will create simple P&L reports, overdue invoices, client history, etc. If you don't have inventory and complex payroll, etc. FreshBooks provides just the right level of capability to make financial tracking simple.
  • FreshBooks integrates with a number of credit card companies. I use Stripe, which has fees similar to Paypal, but much more reliable processing. I can accept all credit cards, including American Express, for a reasonable fee.
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Odoo
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
Read full review
Cons
FreshBooks
  • I can brand invoices with my business logo, but I might like to change colours of the invoices themselves to match the rest of my business documents. That isn't a major point at all, but it's something that I'd like to see.
  • Freshbooks doesn't remember the categories that similar expenses were previously assigned to. It would be nice if Freshbooks would suggest a category for an already saved vendor, to ensure the consistency of expense reporting.
  • The home page of a Freshbooks account has a great graph display of expenses and income, but it only shows the last 6 months. This is still very useful, but I'd like to be able to see this kind of graph for different periods of time.
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Odoo
  • Synchronize Merchant Processor Accounts
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Likelihood to Renew
FreshBooks
At the current needs of our business, FreshBooks suits us perfectly - it allows online access by our accountant to the system for GST purposes, easy input of expenses and tracking of Profit and Loss statements. FreshBooks customer service is great as well - very understanding and accommodating.
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Odoo
No answers on this topic
Usability
FreshBooks
FreshBooks is very easy to use even for novices. If you're looking for an online accounting software that is full of features, has great aesthetics and is user-friendly, then this is definitely the software for you. I've been using it for several years now and despite being tempted to switch by other vendors, I like the feel of FreshBooks and it's mobile features.
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Odoo
I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
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Reliability and Availability
FreshBooks
FreshBooks is easy to use and always works!
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Odoo
No answers on this topic
Support Rating
FreshBooks
I think the support level for FreshBooks is on par with a 6 because the folks behind this application do a fairly good job at providing support for their customer base. I still don't think they are at an elite level when it comes to supporting but are getting there although too slow in my opinion.
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Odoo
Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
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Implementation Rating
FreshBooks
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
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Odoo
No answers on this topic
Alternatives Considered
FreshBooks
We do not consider other options since our client wants the implementation of this platform in order to use it in the two countries where it has operations.

At the moment, full integration was not possible and we still share the information with a Mexican system to complete everything necessary.
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Odoo
Odoo Accounting is a simple, easy-to-use, and user-friendly accounting solution in terms of cost efficiency and the knowledge to use it. Odoo has a wide range of applications available and very customizable according to its modular structure. In addition, it is not very complex to use for the users and will be familiar with the system interfaces within a short period.
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Return on Investment
FreshBooks
  • Freshbooks saves me time compared to when I managed to invoice without an app.
  • Freshbooks make keeping my invoices organized which saves me time.
  • Freshbooks helps me to know who is late on payments. When I was doing this by hand, some invoices would get lost in the clutter and I would not find out I haven't been paid until much later.
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Odoo
  • Low cost
  • More Automation
  • Centralized Management
Read full review
ScreenShots

FreshBooks Screenshots

Screenshot of DashboardScreenshot of Invoice OverviewScreenshot of Beautiful, Customizable InvoicesScreenshot of Invoice seamlessly across devicesScreenshot of ExpensesScreenshot of Time Tracking

Odoo Accounting Screenshots

Screenshot of