Odoo Accounting Reviews & Product Details

I love the seamless native integration with the Odoo Suite, which stands out as Odoo Accounting's biggest differentiator. This integration is incredibly efficient, eliminating about 80% of manual work and data errors common with most finance teams. Since Odoo Accounting is a native module in the Odoo all-in-one business suite, it shares a single database with other Odoo tools we use such as Sales, CRM, Procurement, Inventory, HR, and Payroll. This setup allows data to sync in real time and bidirectionally without any manual effort. Every financial transaction in Accounting is traceable back to its original business action, offering end-to-end visibility for every dollar in and out of the business. Additionally, the initial setup of Odoo Accounting is both scalable and accessible, combined with no-code features for core use and modular capabilities for global and advanced needs. Review collected by and hosted on G2.com.

Non-intuitive report navigation: Advanced reports (e.g., COGS by region, AR aging by currency) are buried in nested menus, and there’s no way to save custom report presets (e.g., a “weekly APAC AR snapshot” for our regional sales leaders). We spend hours recreating the same reports repeatedly instead of one-click access. Review collected by and hosted on G2.com.

As an accountant in a firm, we use plenty of accounting software, depending on what our clients prefer. Most of our clients choose to keep their books in Odoo Accounting. In particular, Odoo makes it easy to upload bank statements, and it automatically handles bank reconciliation by simply validating the transactions. Review collected by and hosted on G2.com.

While I’m working in the books of accounts, when I try to delete a journal entry, Odoo shows a warning message. Personally, I don’t like that. Review collected by and hosted on G2.com.

I love Odoo Accounting's seamless real-time integration, which eliminates the need for complex connectors, ensuring all financial transactions are created automatically. The vendor bill OCR feature is a game changer, greatly simplifying accounts payable by automating tedious manual tasks. I also appreciate the impressive efficiency and intelligence of the bank reconciliation interface, which drastically reduces the time needed for month-end processes. The software ensures no manual data entry between sales and accounting, allowing for instant revenue updates and real-time accounts receivable balances. Additionally, Odoo Accounting supports advanced inventory valuation methods, aligning with essential compliance requirements without manual work. Finally, it offers competitive pricing compared to high-end ERPs like SAP Business One, providing similar or better functionalities at a significantly lower total cost. Review collected by and hosted on G2.com.

I find setting up Odoo Accounting to be quite difficult without proper expertise. Digitizing the entire financial workflow can be challenging, especially during the initial configuration and integration phases. Errors in this stage can lead to unreliable reports. Another major issue is the limited localization capabilities, particularly with handling complex tax regulations in countries like the US, which require significant customization or third-party add-ons. The built-in tools often fall short, making it necessary to rely on expensive external services for tasks like payroll and state tax reporting. Review collected by and hosted on G2.com.

I find Odoo Accounting exceptionally user-friendly and modern, which made setup easy. It offers extensive functionality with over 40 modules, supporting multiple needs like CRM and HRMS. I appreciate the efficient management of accounting tasks, reducing the need for multiple software solutions. Its bank consolidation, GST integration, and compliance capabilities are particularly valuable, allowing visibility of all entries without double entry hassles. Additionally, the cost-effectiveness compared to other ERPs is a significant advantage. Review collected by and hosted on G2.com.

I want to include certain features in the community version that are currently only available in the paid version, such as payroll and certain accounting functionalities. It would be better if these features were available without having to upgrade to the enterprise version, so we could continue using the community version. Review collected by and hosted on G2.com.

Decent UX, I did not miss any functionality Review collected by and hosted on G2.com.

Our bank feed was not working correctly. When we reported it, instead of fixing the bank feed, they simply removed the bank integration alltogether. Review collected by and hosted on G2.com.

Odoo Accounting makes our busier periods much more manageable by streamlining tasks and keeping everything organized. Review collected by and hosted on G2.com.

There is nothing to dislike about Odoo Accounting so far. Review collected by and hosted on G2.com.

It helps reduce manual work and minimize errors by automating invoices, bank reconciliation, and tax calculations. Review collected by and hosted on G2.com.

Some important features are only available in the paid version. Review collected by and hosted on G2.com.

Simplifying the process for the integration of the whole accounting cycle from invoicing to the clients up to synchronization of bank reconciliation posting lastly to the final end reports of financial statements. Review collected by and hosted on G2.com.

Pricing may charge a bit higher compare to other providers but overall it is a great experiecne. Review collected by and hosted on G2.com.

giving a unified view of financial and operational data. Review collected by and hosted on G2.com.

can be time-consuming and confusing for new users Review collected by and hosted on G2.com.

It is helpful that it is integrated with the CRM and Orders functions, for seamless handoff. Review collected by and hosted on G2.com.

The user interface can be confusing at times. Review collected by and hosted on G2.com.