Odoo Accounting Reviews & Product Details

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.

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.

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.

Seamless integration with other Odoo modules. Smart reconciliation and automation features. Review collected by and hosted on G2.com.

Initial setup can be complex. Requires heavy customization. Review collected by and hosted on G2.com.

Additional ease of use and implementation is easy Review collected by and hosted on G2.com.

The customer support and assitance could be better Review collected by and hosted on G2.com.

Odoo Accounting provide all the Accounting aspects in a single module. Like Chart of Accounts, Journal, Taxes, Assest management, Invoices, Bills and its entries. Mean all the functionality are available in a singe module.

I recoment the Ease of Use of odoo accounting and its implementation, Customer Support and Frequency of Use. We can also integrate it with QuickBook or some other accounting. Review collected by and hosted on G2.com.

Odoo Accounting Learning is a little difficult for Non accounting persons. Review collected by and hosted on G2.com.

Accounting entries made easy. And it provides instant information

It provides easy-to-understand financial reports for decision-making. Review collected by and hosted on G2.com.

It should provide an automatic accounts Cheart according to the type of activity of the company.

Like a quickbooks Review collected by and hosted on G2.com.