Odoo Accounting vs. QuickBooks Online Advanced

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Accounting
Score 7.5 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 Online Advanced
Score 7.8 out of 10
N/A
QuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
Pricing
Odoo AccountingQuickBooks Online Advanced
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Odoo AccountingQuickBooks Online Advanced
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Odoo AccountingQuickBooks Online Advanced
Top Pros
Top Cons
Features
Odoo AccountingQuickBooks Online Advanced
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo Accounting
7.0
1 Ratings
2% below category average
QuickBooks Online Advanced
-
Ratings
Pay calculation7.01 Ratings00 Ratings
Reimbursement management7.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo Accounting
8.6
2 Ratings
9% above category average
QuickBooks Online Advanced
8.2
161 Ratings
4% above category average
Role-based user permissions8.62 Ratings8.2157 Ratings
Single sign-on capability00 Ratings8.2144 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 Online Advanced
8.6
174 Ratings
15% above category average
Dashboards8.62 Ratings8.8164 Ratings
Standard reports8.62 Ratings8.9173 Ratings
Custom reports10.01 Ratings8.2165 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 Online Advanced
8.1
176 Ratings
12% above category average
Accounts payable9.12 Ratings8.4170 Ratings
Accounts receivable9.12 Ratings8.9165 Ratings
Cash management9.12 Ratings8.1146 Ratings
Bank reconciliation9.12 Ratings8.3168 Ratings
Expense management9.12 Ratings8.6155 Ratings
Fixed asset management8.01 Ratings00 Ratings
Multi-currency support9.12 Ratings7.444 Ratings
Self-service portal10.01 Ratings8.693 Ratings
Global Financial Support8.01 Ratings00 Ratings
Primary and Secondary Ledgers7.01 Ratings8.773 Ratings
Intercompany Accounting8.62 Ratings7.175 Ratings
Localizations8.62 Ratings00 Ratings
Journals and Reconciliations8.62 Ratings8.5152 Ratings
Enterprise Accounting10.01 Ratings6.763 Ratings
Configurable Accounting9.12 Ratings8.581 Ratings
Centralized Rules Framework7.01 Ratings7.062 Ratings
Standardized Processes7.01 Ratings7.7116 Ratings
Time tracking00 Ratings8.088 Ratings
Multi-division support00 Ratings8.374 Ratings
Regulations compliance00 Ratings7.977 Ratings
Electronic tax filing00 Ratings9.097 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 Online Advanced
8.1
70 Ratings
19% above category average
Inventory tracking7.01 Ratings8.170 Ratings
Automatic reordering7.01 Ratings00 Ratings
Location management7.01 Ratings00 Ratings
Manufacturing module8.01 Ratings00 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 Online Advanced
8.8
118 Ratings
22% above category average
Pricing8.01 Ratings8.786 Ratings
Order entry8.01 Ratings8.879 Ratings
Credit card processing8.62 Ratings9.0103 Ratings
Cost of goods sold8.62 Ratings00 Ratings
End-to-end order visibility7.01 Ratings00 Ratings
Order exception Resolution6.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo Accounting
8.0
1 Ratings
16% above category average
QuickBooks Online Advanced
8.5
90 Ratings
22% above category average
Plug-ins8.01 Ratings8.478 Ratings
API for custom integration00 Ratings8.773 Ratings
Best Alternatives
Odoo AccountingQuickBooks Online Advanced
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
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
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Odoo AccountingQuickBooks Online Advanced
Likelihood to Recommend
9.5
(2 ratings)
8.8
(176 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(6 ratings)
Usability
9.1
(2 ratings)
9.5
(4 ratings)
Support Rating
8.1
(2 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
-
(0 ratings)
6.5
(3 ratings)
Configurability
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Odoo AccountingQuickBooks Online Advanced
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
I gave this rating more from the standpoint that I enjoy using other bookkeeping platforms more than I enjoy QuickBooks Online Advanced. While QuickBooks Online Advanced is a solid platform that I have no issue working in, there are some areas that could be improved. The biggest of these areas is the overall design of the platform. I feel that when you first log in and are brought to the home screen, everything just looks cluttered.
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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
  • It allows us to link to bank accounts in order to get up-to-date, real-time information, which is so important in today's lightning speed work world.
  • The "canned" reports are excellent and allow for extreme customization also. This makes them very helpful to both me and my clients.
  • The user interface for QuickBooks Online Advanced is easy to navigate and is intuitive for novices. The screens are well laid out and have cohesiveness on each screen to match tasks with others that match up well.
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Cons
Odoo
  • Synchronize Merchant Processor Accounts
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Intuit
  • Proper advice in QuickBooks Online Pro for the usage if QuickBooks Online Advanced will be more efficient.
  • More features and space in the app for organization of the self-created workflows.
  • The stability of QuickBooks Online Advanced can still be better.
  • There are still file-size issues and limitations on transactions and attributes of transactions.
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Likelihood to Renew
Odoo
No answers on this topic
Intuit
QuickBooks Online Advanced is not like any other accounting software. With how great the software is now, I would definitely renew QuickBooks Online Advanced
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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 Online Advanced is great and effective. I use it for almost three months and it definitely does their job
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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
No answers on this topic
Online Training
Odoo
No answers on this topic
Intuit
The online training was easy to follow and understand. The online training gave us the specific instructions to follow
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Implementation Rating
Odoo
No answers on this topic
Intuit
Need to make an option for non-profit organizations
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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
I have not evaluated any yet. I have used QuickBooks since 2008 and I used Sage in the corporate environment before using QuickBooks. Honestly, I can't remember it because it was early 2000's. I thought about evaluating and looking because of the issues I've had with QuickBooks, but I haven't really investigated.
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Return on Investment
Odoo
  • Low cost
  • More Automation
  • Centralized Management
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Intuit
  • Positive - time and accuracy: Improved bank feeds with rules for automating categorization (expense account) of transactions.
  • Negative - time and efficiency: Very slow response in data entry such as estimates, purchase orders, invoices, sales receipts, bills & bill payment, and even check writing.
  • Negative - time and error correction: Payroll taxes and sales taxes remain in their own silos and are very difficult to correct OR wrong to correct with regular ledger and transaction entries.
  • Negative - time and reporting: Customer activity cannot be tracked using deposits or JE'd transactions. Reporting and research require the use of transaction forms such as invoices, sales receipts, payments, and credit memos. As an example, the transaction register for a customer can be sorted by various parameters. A default is "All" transactions but does not include all transactions -- you have to select "All plus deposits" and you will also not see checks. This is about the same for Vendor activity, where deposits (e.g. refunds) will not show in the vendor's activity register. A vendor credit memo is required, then the refund can be pushed against that credit balance. The credit memo will appear in the vendor register, but a deposit will not.
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ScreenShots

Odoo Accounting Screenshots

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