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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Odoo Accounting

    Score8.9 out of 10
    N/AOdoo 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…

    $24.90

    per month billed yearly per user

    AccountEdge

    Score8 out of 10
    Small Businesses (1-50 employees)
    AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.

    $20

    per month

    Pricing
    Odoo AccountingAccountEdge
    Editions & Modules
    One App Free
    $0
    Standard
    $24.90
    per month billed yearly per user
    Standard
    $31.10
    per month per user
    Custom
    $37.40
    per month billed yearly per user
    Custom
    $46.80
    per month per user
    AccountEdge Pro
    $20
    per month
    AccountEdge Network Edition
    $30
    per month
    AccountEdge Hosted
    $50
    per month
    Offerings
    Pricing Offerings
    Odoo AccountingAccountEdge
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsThe Standard and Custom plans include the Odoo apps for a single fee.—
    More Pricing Information
    Features
    Odoo AccountingAccountEdge
    Payroll Management
    Comparison of Payroll Management features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    7.0
    1 Ratings
    8% below category average
    AccountEdge
    6.6
    6 Ratings
    14% below category average
    Pay calculation7.01 Ratings10.06 Ratings
    Reimbursement management7.01 Ratings4.03 Ratings
    Benefit plan administration00 Ratings8.04 Ratings
    Direct deposit files00 Ratings5.04 Ratings
    Salary revision and increment management00 Ratings6.05 Ratings
    Security
    Comparison of Security features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    5% above category average
    AccountEdge
    9.0
    7 Ratings
    10% above category average
    Role-based user permissions8.62 Ratings9.07 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    9.1
    2 Ratings
    15% above category average
    AccountEdge
    9.0
    7 Ratings
    14% above category average
    Dashboards8.62 Ratings9.04 Ratings
    Standard reports8.62 Ratings9.07 Ratings
    Custom reports10.01 Ratings9.06 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    12% above category average
    AccountEdge
    7.2
    8 Ratings
    6% below category average
    Accounts payable9.12 Ratings9.08 Ratings
    Accounts receivable9.12 Ratings9.08 Ratings
    Cash management9.12 Ratings8.12 Ratings
    Bank reconciliation9.12 Ratings6.08 Ratings
    Expense management9.12 Ratings6.06 Ratings
    Fixed asset management8.01 Ratings00 Ratings
    Multi-currency support9.12 Ratings9.03 Ratings
    Self-service portal10.01 Ratings2.71 Ratings
    Global Financial Support8.01 Ratings00 Ratings
    Primary and Secondary Ledgers7.01 Ratings00 Ratings
    Intercompany Accounting8.62 Ratings00 Ratings
    Localizations8.62 Ratings00 Ratings
    Journals and Reconciliations8.62 Ratings00 Ratings
    Enterprise Accounting10.01 Ratings00 Ratings
    Configurable Accounting9.12 Ratings00 Ratings
    Centralized Rules Framework7.01 Ratings00 Ratings
    Standardized Processes7.01 Ratings00 Ratings
    Time tracking00 Ratings6.04 Ratings
    Multi-division support00 Ratings9.02 Ratings
    Regulations compliance00 Ratings7.02 Ratings
    Electronic tax filing00 Ratings7.04 Ratings
    Inventory Management
    Comparison of Inventory Management features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    7.3
    1 Ratings
    0% above category average
    AccountEdge
    8.0
    6 Ratings
    9% above category average
    Inventory tracking7.01 Ratings8.06 Ratings
    Automatic reordering7.01 Ratings8.01 Ratings
    Location management7.01 Ratings8.03 Ratings
    Manufacturing module8.01 Ratings8.02 Ratings
    Order Management
    Comparison of Order Management features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    7.7
    2 Ratings
    4% above category average
    AccountEdge
    8.0
    7 Ratings
    8% above category average
    Pricing8.01 Ratings8.05 Ratings
    Order entry8.01 Ratings9.05 Ratings
    Credit card processing8.62 Ratings6.05 Ratings
    Cost of goods sold8.62 Ratings9.06 Ratings
    End-to-end order visibility7.01 Ratings00 Ratings
    Order exception Resolution6.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Odoo Accounting and AccountEdge
    Feature
    Odoo Accounting
    8.0
    1 Ratings
    6% above category average
    AccountEdge
    5.0
    3 Ratings
    41% below category average
    Plug-ins8.01 Ratings5.03 Ratings
    Best Alternatives
    Odoo AccountingAccountEdge
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Odoo AccountingAccountEdge
    Likelihood to Recommend
    9.5
    (2 ratings)
    6.0
    (18 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.8
    (10 ratings)
    Usability
    9.1
    (2 ratings)
    9.0
    (3 ratings)
    Availability
    -
    (0 ratings)
    9.1
    (1 ratings)
    Support Rating
    8.1
    (2 ratings)
    9.0
    (3 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.0
    (1 ratings)
    User Testimonials
    Odoo AccountingAccountEdge
    Likelihood to Recommend
    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.
    Incentivized
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    Priority Software
    If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
    Incentivized
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    Pros
    Odoo
    • Simple and easy to use Integrated Accounting Software
    • Affordable subscriptions option for cost saving
    • Highly customizable options available
    Incentivized
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    Priority Software
    • AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
    • For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
    • My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
    • Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
    Incentivized
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    Cons
    Odoo
    • Synchronize Merchant Processor Accounts
    Incentivized
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    Priority Software
    • My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
    • The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
    • It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
    Incentivized
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    Likelihood to Renew
    Odoo
    No answers on this topic
    Priority Software
    Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
    Incentivized
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    Usability
    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.
    Incentivized
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    Priority Software
    The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
    Incentivized
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    Reliability and Availability
    Odoo
    No answers on this topic
    Priority Software
    One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
    Incentivized
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    Support Rating
    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.
    Incentivized
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    Priority Software
    On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
    Incentivized
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    Implementation Rating
    Odoo
    No answers on this topic
    Priority Software
    unfortunately no.
    Incentivized
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    Alternatives Considered
    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.
    Incentivized
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    Priority Software
    For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
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    Return on Investment
    Odoo
    • Low cost
    • More Automation
    • Centralized Management
    Incentivized
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    Priority Software
    • Increased employee efficiency - Time is no longer spent switching between programs because all of the information can be found in one place.
    • Customer service has also improved because employees find the program much easier to use, even at the point of sale.
    • Better record keeping - AccountEdge has a very simple invoicing application that allows us to keep track of and balance our accounts.
    Incentivized
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    ScreenShots

    Odoo Accounting Screenshots

    Product screenshot

    AccountEdge Screenshots

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