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Odoo Accounting vs. QuickBooks Self-Employed (discontinued)

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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

    QuickBooks Self-Employed (discontinued)

    Score4.2 out of 10
    N/AA now discontinued accounting solution, QuickBooks Self-Employed featured tools to help the self-employed drive growth and financial stability. It is replaced by the more advanced QuickBooks Solopreneur.N/A
    Pricing
    Odoo AccountingQuickBooks Self-Employed (discontinued)
    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
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    Offerings
    Pricing Offerings
    Odoo AccountingQuickBooks Self-Employed (discontinued)
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    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 AccountingQuickBooks Self-Employed (discontinued)
    Payroll Management
    Comparison of Payroll Management features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    7.0
    1 Ratings
    8% below category average
    QuickBooks Self-Employed (discontinued)
    7.8
    3 Ratings
    3% above category average
    Pay calculation7.01 Ratings10.02 Ratings
    Reimbursement management7.01 Ratings8.03 Ratings
    Benefit plan administration00 Ratings5.02 Ratings
    Direct deposit files00 Ratings8.03 Ratings
    Salary revision and increment management00 Ratings8.02 Ratings
    Security
    Comparison of Security features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    5% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    8 Ratings
    20% above category average
    Role-based user permissions8.62 Ratings10.05 Ratings
    Single sign-on capability00 Ratings10.08 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    9.1
    2 Ratings
    15% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    14 Ratings
    24% above category average
    Dashboards8.62 Ratings10.012 Ratings
    Standard reports8.62 Ratings10.014 Ratings
    Custom reports10.01 Ratings10.08 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    8.6
    2 Ratings
    12% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    15 Ratings
    27% above category average
    Accounts payable9.12 Ratings10.09 Ratings
    Accounts receivable9.12 Ratings10.010 Ratings
    Cash management9.12 Ratings10.09 Ratings
    Bank reconciliation9.12 Ratings10.010 Ratings
    Expense management9.12 Ratings10.014 Ratings
    Fixed asset management8.01 Ratings10.04 Ratings
    Multi-currency support9.12 Ratings10.02 Ratings
    Self-service portal10.01 Ratings10.08 Ratings
    Global Financial Support8.01 Ratings10.02 Ratings
    Primary and Secondary Ledgers7.01 Ratings10.02 Ratings
    Intercompany Accounting8.62 Ratings10.03 Ratings
    Localizations8.62 Ratings10.03 Ratings
    Journals and Reconciliations8.62 Ratings10.06 Ratings
    Enterprise Accounting10.01 Ratings10.02 Ratings
    Configurable Accounting9.12 Ratings10.04 Ratings
    Centralized Rules Framework7.01 Ratings10.03 Ratings
    Standardized Processes7.01 Ratings10.05 Ratings
    Time tracking00 Ratings10.07 Ratings
    Multi-division support00 Ratings10.02 Ratings
    Regulations compliance00 Ratings10.03 Ratings
    Electronic tax filing00 Ratings10.013 Ratings
    Inventory Management
    Comparison of Inventory Management features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    7.3
    1 Ratings
    0% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    3 Ratings
    31% above category average
    Inventory tracking7.01 Ratings10.03 Ratings
    Automatic reordering7.01 Ratings10.03 Ratings
    Location management7.01 Ratings10.03 Ratings
    Manufacturing module8.01 Ratings10.02 Ratings
    Order Management
    Comparison of Order Management features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    7.7
    2 Ratings
    4% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    30% above category average
    Pricing8.01 Ratings10.04 Ratings
    Order entry8.01 Ratings10.04 Ratings
    Credit card processing8.62 Ratings10.05 Ratings
    Cost of goods sold8.62 Ratings10.03 Ratings
    End-to-end order visibility7.01 Ratings10.03 Ratings
    Order exception Resolution6.01 Ratings10.02 Ratings
    Order Orchestration00 Ratings10.02 Ratings
    Customization
    Comparison of Customization features of Odoo Accounting and QuickBooks Self-Employed (discontinued)
    Feature
    Odoo Accounting
    8.0
    1 Ratings
    6% above category average
    QuickBooks Self-Employed (discontinued)
    10.0
    5 Ratings
    28% above category average
    Plug-ins8.01 Ratings10.04 Ratings
    API for custom integration00 Ratings10.04 Ratings
    Best Alternatives
    Odoo AccountingQuickBooks Self-Employed (discontinued)
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Zoho Books
    Score8.8 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.5 out of 10
    Microsoft Dynamics GP
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    User Ratings
    Odoo AccountingQuickBooks Self-Employed (discontinued)
    Likelihood to Recommend
    9.5
    (2 ratings)
    10.0
    (15 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (1 ratings)
    Usability
    9.1
    (2 ratings)
    9.4
    (2 ratings)
    Support Rating
    8.1
    (2 ratings)
    10.0
    (2 ratings)
    User Testimonials
    Odoo AccountingQuickBooks Self-Employed (discontinued)
    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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    Intuit
    QuickBooks is a great tool for new SoleTraders that need basic accounting software and require digital invoicing for their clients to send via email and access key features via a mobile app on the go. QuickBooks is a straightforward tool to use with a simple design and learning curve for business owners that are not very tech-savvy. For businesses that operate on a larger scale and need to provide access to other users on their team, QuickBooks is limited. This type of business may also require more insights into the business outside of accounting, and QuickBooks won't be able to supply insights outside of that.
    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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    Intuit
    • QuickBooks Self-Employed does keep a running total of your income and estimated taxes. Of course, this requires that your entries are accurate.
    • The mileage feature is particularly helpful. One just needs to either use the phone app in conjunction with QuickBooks Self-Employed, or keep a log of all mileage.
    • When tax time comes around, it's easy to use TurboTax software and import your data from QuickBooks.
    Incentivized
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    Cons
    Odoo
    • Synchronize Merchant Processor Accounts
    Incentivized
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    Intuit
    • Doesn't integrate with Mint, which I use for my home expenses. I think this would be a nice addition to the program, so I could keep track of my whole financial situation.
    • A Windows 10 app would be a nice addition to the program, so I could access it securely from my desktop.
    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.
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    Intuit
    I have been using this software for several years now and it has always put out my data in beautiful generated reports that I can use for verification purposes with my financial institute and the IRS. It has all the tools I need to run my business without loosing track of anything
    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.
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    Intuit
    I have never faced any difficulties that required me to contact QuickBooks customer service. QuickBooks has plenty of online tutorials, blog posts, and helpful tips and advice for almost any issues you may face using the desktop or app version of the software. Even if you can not find the right answer on the QuickBooks webpages, there are loads of YouTube videos from experts.
    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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    Intuit
    FreshBooks limited my ability to categorize transactions, specifically removing duplicates or excluding them. I selected QuickBooks Self-Employed because it allowed me to be in control of items. Sometimes accounting is just making sure things are organized the way YOU think, and FreshBooks wasn't doing that for me.
    Incentivized
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    Return on Investment
    Odoo
    • Low cost
    • More Automation
    • Centralized Management
    Incentivized
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    Intuit
    • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
    • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
    • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
    Incentivized
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    ScreenShots

    Odoo Accounting Screenshots

    Product screenshot