Odoo Accounting vs. QuickBooks Desktop Premier

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Accounting
Score 7.4 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
QuickBooks Desktop Premier
Score 8.1 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.N/A
Pricing
Odoo AccountingQuickBooks Desktop Premier
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Odoo AccountingQuickBooks Desktop Premier
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Odoo AccountingQuickBooks Desktop Premier
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Top Pros
Top Cons
Features
Odoo AccountingQuickBooks Desktop Premier
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo Accounting
7.0
1 Ratings
2% below category average
QuickBooks Desktop Premier
8.9
47 Ratings
21% above category average
Pay calculation7.01 Ratings7.046 Ratings
Reimbursement management7.01 Ratings9.529 Ratings
Benefit plan administration00 Ratings10.020 Ratings
Direct deposit files00 Ratings8.036 Ratings
Salary revision and increment management00 Ratings9.927 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo Accounting
8.6
2 Ratings
9% above category average
QuickBooks Desktop Premier
7.4
49 Ratings
6% below category average
Role-based user permissions8.62 Ratings10.040 Ratings
Single sign-on capability00 Ratings4.943 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Odoo Accounting
9.1
2 Ratings
21% above category average
QuickBooks Desktop Premier
6.9
57 Ratings
7% below category average
Dashboards8.62 Ratings4.948 Ratings
Standard reports8.62 Ratings7.956 Ratings
Custom reports10.01 Ratings7.854 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Odoo Accounting
8.6
2 Ratings
18% above category average
QuickBooks Desktop Premier
7.1
60 Ratings
1% below category average
Accounts payable9.12 Ratings7.058 Ratings
Accounts receivable9.12 Ratings7.059 Ratings
Cash management9.12 Ratings8.054 Ratings
Bank reconciliation9.12 Ratings8.057 Ratings
Expense management9.12 Ratings6.156 Ratings
Fixed asset management8.01 Ratings5.139 Ratings
Multi-currency support9.12 Ratings9.018 Ratings
Self-service portal10.01 Ratings8.017 Ratings
Global Financial Support8.01 Ratings9.03 Ratings
Primary and Secondary Ledgers7.01 Ratings7.06 Ratings
Intercompany Accounting8.62 Ratings9.08 Ratings
Localizations8.62 Ratings5.01 Ratings
Journals and Reconciliations8.62 Ratings7.014 Ratings
Enterprise Accounting10.01 Ratings9.05 Ratings
Configurable Accounting9.12 Ratings7.16 Ratings
Centralized Rules Framework7.01 Ratings9.93 Ratings
Standardized Processes7.01 Ratings4.37 Ratings
Time tracking00 Ratings5.028 Ratings
Multi-division support00 Ratings7.033 Ratings
Regulations compliance00 Ratings1.819 Ratings
Electronic tax filing00 Ratings10.028 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Odoo Accounting
7.3
1 Ratings
9% above category average
QuickBooks Desktop Premier
2.9
36 Ratings
79% below category average
Inventory tracking7.01 Ratings1.735 Ratings
Automatic reordering7.01 Ratings1.015 Ratings
Location management7.01 Ratings8.019 Ratings
Manufacturing module8.01 Ratings1.017 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Odoo Accounting
7.7
2 Ratings
8% above category average
QuickBooks Desktop Premier
7.0
38 Ratings
1% below category average
Pricing8.01 Ratings10.030 Ratings
Order entry8.01 Ratings10.031 Ratings
Credit card processing8.62 Ratings7.027 Ratings
Cost of goods sold8.62 Ratings6.334 Ratings
End-to-end order visibility7.01 Ratings1.04 Ratings
Order exception Resolution6.01 Ratings5.01 Ratings
Order Orchestration00 Ratings10.03 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo Accounting
8.0
1 Ratings
16% above category average
QuickBooks Desktop Premier
1.3
20 Ratings
136% below category average
Plug-ins8.01 Ratings1.320 Ratings
API for custom integration00 Ratings1.315 Ratings
Best Alternatives
Odoo AccountingQuickBooks Desktop Premier
Small Businesses
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Dext Prepare (with Receipt Bank)
Score 9.2 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
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Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
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Score 8.0 out of 10
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User Ratings
Odoo AccountingQuickBooks Desktop Premier
Likelihood to Recommend
9.5
(2 ratings)
3.0
(63 ratings)
Likelihood to Renew
-
(0 ratings)
1.3
(12 ratings)
Usability
9.1
(2 ratings)
7.0
(14 ratings)
Availability
-
(0 ratings)
8.9
(5 ratings)
Performance
-
(0 ratings)
5.7
(4 ratings)
Support Rating
8.1
(2 ratings)
1.1
(12 ratings)
Online Training
-
(0 ratings)
1.0
(1 ratings)
Implementation Rating
-
(0 ratings)
7.2
(7 ratings)
Configurability
-
(0 ratings)
9.0
(1 ratings)
Ease of integration
-
(0 ratings)
7.0
(1 ratings)
Product Scalability
-
(0 ratings)
6.2
(4 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
Odoo AccountingQuickBooks Desktop Premier
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.
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Intuit
QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
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Pros
Odoo
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
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Intuit
  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
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Cons
Odoo
  • Synchronize Merchant Processor Accounts
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Intuit
  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
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Likelihood to Renew
Odoo
No answers on this topic
Intuit
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
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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.
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Intuit
QuickBooks is an amazing tool that provides all of the necessary features needed to run the finances of a company. I would like for QuickBooks to provide better resources for training. There are many features that go unused because of lack of knowledge. Procore offers chatting and calls on their platform and they make it easy and accessible to get answers and solutions.
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Reliability and Availability
Odoo
No answers on this topic
Intuit
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
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Performance
Odoo
No answers on this topic
Intuit
It takes forever to load.
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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.
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Intuit
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
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Implementation Rating
Odoo
No answers on this topic
Intuit
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
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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.
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Intuit
QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
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Scalability
Odoo
No answers on this topic
Intuit
They're getting better. Still room for improvement.
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Return on Investment
Odoo
  • Low cost
  • More Automation
  • Centralized Management
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Intuit
  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
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ScreenShots

Odoo Accounting Screenshots

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