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Odoo Accounting Reviews and Ratings

Rating: 9.1 out of 10
Score
9.1 out of 10

Community insights

TrustRadius Insights for Odoo Accounting are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

Easy to Use and Learn: Many users have found Odoo Accounting easy to use and learn, allowing them to handle their small business accounting without needing to hire someone else.

Wide Range of Features: Users appreciate the multitude of features in Odoo Accounting, stating that it meets their needs well. They highlight the build-up of configurations and features in Odoo Accounting, which allows for easy customization and scalability for both small and large companies.

Integration with Other Apps: Users value the integration of Odoo Accounting with other Odoo apps, such as Sales and Purchase. They also appreciate the ability to connect it to bank accounts for easy reconciliation.

Reviews

2 Reviews

Odoo Accounting, for when you need more.

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

We use Odoo Accounting to send invoices to customers and manage all of our accounting needs. I like that from v14 onward, you can preview journal entries before they are posted. This is very helpful. The automated emails for late payment are beneficial and save a lot of time. In addition, syncing data with our bank accounts is also very helpful. I really enjoy the integrations with other apps, such as the Odoo sales app. Transactions such as credit card payments are entered into the general ledger and taxes are automatically processed according to our fiscal position rules.

Pros

  • Email notification
  • Journal Entries
  • Credit Card Payments
  • Syncing Bank Statements

Cons

  • Synchronize Merchant Processor Accounts

Likelihood to Recommend

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.

Odoo Accounting Strength and Capabilities

Rating: 9 out of 10
Incentivized

Use Cases and Deployment Scope

Odoo Accounting software is an easy, fully integrated, user-friendly, and affordable cloud-based accounting solution for small and medium businesses. My company provides Odoo implementation and consulting services to other companies. The services that my company mainly offers are Odoo ERP implementation from the client's existing legacy systems, consulting to enable the mapping of the client's existing business processes with Odoo modules and functionalities, Odoo developments, training the client's staff, documenting and analyzing client's business requirements etc.

Pros

  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available

Cons

  • Multiple localization options needed
  • Adjustment for Financial Reports Layout option
  • GDPR Compliant for specific integrations

Likelihood to Recommend

Odoo Accounting is well suited for small and medium businesses that want to use an affordable cloud-based accounting solution with a simple, easy-to-use, intuitive, and user-friendly interface. For someone who does not have the strongest accounting knowledge with GAAP, Odoo Accounting solution will be familiar with the system easily after a couple of hours of technical training by Odoo consultants. Odoo Accounting will be not suitable for the complex accounting and invoicing processes within its standard functionalities without doing custom codes through its Odoo studio to fit with the requirements.