LessAccounting is a simplified, core, cloud-based accounting platform for small businesses from LessAccounting.com based on Jacksonville, Florida. It contains expense management features (sorting by project and expense type, tracking and reminders), automated invoicing, simple business overview and reporting features (e.g. profit and loss reporting, balance sheet, receivables and payables reports, etc.), integration with bank account, document management and integration with many apps and…
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Odoo
Score 7.3 out of 10
Mid-Size Companies (51-1,000 employees)
Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.
$31.10
per month per user
Pricing
LessAccounting
Odoo
Editions & Modules
No answers on this topic
Standard
$31.10
per month per user
Custom
$46.70
per month per user
Offerings
Pricing Offerings
LessAccounting
Odoo
Free Trial
No
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
-$49,321,250 per app/ per user/ per month
Additional Details
—
A discount is offered for new users for the first 12 months of use for the initial users purchased. ($24.90 instead of $31.10 for Standard)
More Pricing Information
Community Pulse
LessAccounting
Odoo
Features
LessAccounting
Odoo
Payroll Management
Comparison of Payroll Management features of Product A and Product B
LessAccounting
9.5
1 Ratings
23% above category average
Odoo
5.2
10 Ratings
34% below category average
Pay calculation
9.01 Ratings
7.59 Ratings
Direct deposit files
10.01 Ratings
8.69 Ratings
Benefit plan administration
00 Ratings
7.88 Ratings
Customization
Comparison of Customization features of Product A and Product B
LessAccounting
8.4
2 Ratings
8% above category average
Odoo
8.2
13 Ratings
10% above category average
API for custom integration
9.52 Ratings
8.211 Ratings
Plug-ins
7.22 Ratings
8.113 Ratings
Security
Comparison of Security features of Product A and Product B
LessAccounting
10.0
2 Ratings
20% above category average
Odoo
8.4
14 Ratings
1% above category average
Single sign-on capability
10.01 Ratings
9.410 Ratings
Role-based user permissions
10.02 Ratings
7.414 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
LessAccounting
9.7
2 Ratings
21% above category average
Odoo
7.0
16 Ratings
4% below category average
Dashboards
9.52 Ratings
6.616 Ratings
Standard reports
9.52 Ratings
6.916 Ratings
Custom reports
10.02 Ratings
7.616 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
LessAccounting
9.4
2 Ratings
21% above category average
Odoo
4.6
13 Ratings
50% below category average
Accounts payable
10.01 Ratings
7.013 Ratings
Accounts receivable
8.01 Ratings
7.013 Ratings
Cash management
8.62 Ratings
00 Ratings
Bank reconciliation
10.02 Ratings
00 Ratings
Expense management
9.12 Ratings
00 Ratings
Fixed asset management
10.01 Ratings
00 Ratings
Electronic tax filing
8.01 Ratings
00 Ratings
Self-service portal
9.52 Ratings
00 Ratings
Intercompany Accounting
9.52 Ratings
00 Ratings
Journals and Reconciliations
10.01 Ratings
6.213 Ratings
Configurable Accounting
10.02 Ratings
6.813 Ratings
Centralized Rules Framework
10.01 Ratings
00 Ratings
Standardized Processes
10.01 Ratings
5.912 Ratings
Global Financial Support
00 Ratings
6.112 Ratings
Primary and Secondary Ledgers
00 Ratings
6.512 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
LessAccounting
8.0
1 Ratings
5% above category average
Odoo
6.0
16 Ratings
26% below category average
Pricing
8.01 Ratings
8.316 Ratings
Order entry
8.01 Ratings
8.416 Ratings
Credit card processing
00 Ratings
7.513 Ratings
Cost of goods sold
00 Ratings
8.314 Ratings
Order Orchestration
00 Ratings
7.712 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
LessAccounting
-
Ratings
Odoo
6.4
18 Ratings
21% below category average
Inventory tracking
00 Ratings
8.118 Ratings
Automatic reordering
00 Ratings
8.116 Ratings
Location management
00 Ratings
8.515 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
LessAccounting
-
Ratings
Odoo
2.9
12 Ratings
88% below category average
Billing Management
00 Ratings
7.212 Ratings
Cash and Asset Management
00 Ratings
6.711 Ratings
Travel & Expense Management
00 Ratings
6.211 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
4.910 Ratings
Period Close
00 Ratings
7.110 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
LessAccounting
-
Ratings
Odoo
1.0
6 Ratings
153% below category average
Budgeting and Forecasting
00 Ratings
1.06 Ratings
Project Costing
00 Ratings
1.05 Ratings
Cost Capture
00 Ratings
1.05 Ratings
Capital Project Management
00 Ratings
1.05 Ratings
Customer Contract Compliance
00 Ratings
1.05 Ratings
Project Revenue Recognition
00 Ratings
1.05 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
LessAccounting
-
Ratings
Odoo
3.1
8 Ratings
77% below category average
Project Planning and Scheduling
00 Ratings
9.08 Ratings
Task Insight for Project Managers
00 Ratings
9.07 Ratings
Project Mobile Functionality
00 Ratings
8.77 Ratings
Definable Resource Pools
00 Ratings
8.37 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
LessAccounting
-
Ratings
Odoo
3.1
8 Ratings
81% below category average
Award Lifecycle Management
00 Ratings
9.37 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
LessAccounting
-
Ratings
Odoo
7.6
11 Ratings
8% above category average
Bids Analyzed and Compared
00 Ratings
7.97 Ratings
Contract Authoring
00 Ratings
5.97 Ratings
Contract Repository
00 Ratings
6.57 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
7.710 Ratings
Supplier Management
00 Ratings
7.28 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
LessAccounting
-
Ratings
Odoo
9.7
5 Ratings
38% above category average
Risk Repository
00 Ratings
10.02 Ratings
Control Management
00 Ratings
9.75 Ratings
Control Efficiency Assessments
00 Ratings
9.34 Ratings
Issue Detection
00 Ratings
10.03 Ratings
Remediation and Certification
00 Ratings
10.02 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
LessAccounting
-
Ratings
Odoo
6.7
7 Ratings
2% below category average
Transportation Planning and Optimization
00 Ratings
8.75 Ratings
Transportation Execution Management
00 Ratings
9.75 Ratings
Trade and Customs Management
00 Ratings
9.24 Ratings
Fulfillment Management
00 Ratings
8.86 Ratings
Warehouse Workforce Management
00 Ratings
9.75 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
LessAccounting
-
Ratings
Odoo
7.9
9 Ratings
7% above category average
Production Process Design
00 Ratings
6.86 Ratings
Production Management
00 Ratings
6.17 Ratings
Configuration Management
00 Ratings
7.86 Ratings
Work Execution
00 Ratings
8.17 Ratings
Manufacturing Costs
00 Ratings
8.37 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
LessAccounting
-
Ratings
Odoo
8.2
11 Ratings
13% above category average
Forecasting
00 Ratings
8.211 Ratings
Inventory Planning
00 Ratings
8.111 Ratings
Performance Monitoring
00 Ratings
7.410 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
If you are an entrepreneur and you want to focus on building your business, start with Less Accounting. It's a full-blown accounting system that has a simple implementation and it can connect to your financial accounts to automate many parts of the business. Our 1st four years of business, we worked without a bookkeeper at all due to the level of automation.
It is not limited in any regard and is not simply for invoicing or tracking hours, it more or less does everything. Perhaps one area that it wouldn't be ideal is for firms that need to have more rigid accounting, with charts of accounts etc for industries that are audited or highly regulated.
It is well suited for inventory tracking, shipping and sales work flows. While some customization is needed to make it functional, if done correctly Odoo can serves as a powerful one stop shop for all of a businesses needs. The ease of customization for email templates, both for sales communications and marketing outreach leaves something to be desired. Perhaps our team hasn't explored this fully enough. I have personally found it intimidating in trying to construct a news letter using the email marketing module
The creation of products is extremely simple, I like that it does not complicate you to put a lot of detail, of course if you want to put more detailed information later it allows you to do it without problems
The fact that I can manage my inventory of my warehouse is very convenient, I only generate my stock report of the products we have in stock and taking inventory is easier
The management of opportunities in the CRM is also great, because the guys from the sales department generate their opportunity, place what their client is requiring and we, the logisticians, can automatically generate the quote for what they are requesting, and from there they can only download their quote and send it to their clients.
With the flexibility comes room for folks not adhering to specific accounts. There is no numeric chart of accounts so at times you will see 2 line items for a single item. We tend to overcome this limitation with extensive tagging.
Invoices and sales orders don't have an obvious way to assign credit to specific salespeople or consultants. We reached out to LA and they have shown us a different way to do this which we'll try soon.
The visual interface can use some sprucing up. It's easy to navigate but I believe the navigation can be slightly improved. I do find myself hitting the back button to get into other parts of the app.
Customer service is nonexistent. You will need a 3rd party to assist you.
The system has an open app for integrating with other programs. These are developed by third parties and can be hit or miss in functionality.
The system offers great flexibility; however, it is too much and requires coding. For example, changing a Sales order PDF requires coding to modify the document.
Initial implementation is clunky and seems to require a 3rd party just for setup.
Once you complete the training with Odoo, you have a great grasp of how the system works, and most every feature is intuitive- There is rarely a task within Odoo that I get frustrated trying to figure out- I can typically look through the system and find what I need to do, and if I ever do need support, the Odoo Support team is excellent
Easy - there is NO SUPPORT (like in ABSOLUTELY NOTHING!!!!!!!). Even for legally mandatory requirements where the system MUST work, they will gladly take a month to get back to you with a NON-answer. We couldn't even get our bank statements correctly into Odoo for 2 months - leading to no reconciliation and the company accounts were a mess (still are!!) as a result - Completely irresponsible. Have not EVEN had an apology from Odoo - they couldn't care less !!
I had been with QuickBooks for a few years (unwillingly) at the behest of accountants. It took me a while to realize there were other options out there and I needed to begin a hunt to find them. I found LessAccounting. While it's not the most appealing software, it sure helped me see the breakdown of things and allowed me to reconcile my books without feeling like I needed a degree in Accounting.
We decided to go with Odoo over Netsuite due to a few factors. Price was a big reason why, Netsuite is the most expensive ERP we vetted. I also did not have a great experience with Netsuite at my last job. I was on the roll out team and it did not work as promised for POS, inventory managing or reporting, it crashed constantly in the middle of using it. Just over all very poor. Considering it is owned by Oracle and the most expensive, you would think it would be able to function on some sort of base level. That company ended up terminating their contract with Netsuite early and going with a different company.
We don't have crashing or error issues. I can complete receives, cycle counts etc and all of my information saves. Visually, Odoo is more satisfying also.