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Odoo Accounting Pros and Cons: Top 5 Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users commend Odoo Accounting for its automation efficiency, drastically reducing manual tasks and enhancing accuracy in financial processes. (5 mentions)
Users value the ease of use in Odoo Accounting for seamless integration and streamlined financial processes. (5 mentions)
Users value the seamless integration of Odoo Accounting, streamlining processes and enhancing efficiency across various business functions. (4 mentions)
Users praise Odoo Accounting's scalability, enabling efficient growth and seamless integration within the Odoo ecosystem. (3 mentions)
Users praise Odoo Accounting for its accurate data integration, which significantly reduces errors and manual work. (2 mentions)
Users are frustrated by missing features in Odoo Accounting, as many essential tools require an upgrade to the paid version. (3 mentions)
Users note that Odoo Accounting is expensive, especially when requiring external services for enhanced functionality and customization. (2 mentions)
Users face challenges with external dependencies due to issues like bank integration and limited localization capabilities. (2 mentions)
Users face integration issues with Odoo Accounting, leading to complications in setup and unreliable financial reports. (2 mentions)
Users face setup difficulties with Odoo Accounting, finding the initial configuration and customization quite challenging. (2 mentions)

5 Pros or Advantages of Odoo Accounting

5 Cons or Disadvantages of Odoo Accounting

Odoo Accounting Reviews (77)

Reviews

Odoo Accounting Reviews (77)

4.3
77 reviews
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MA
mahmoud a.
senior
Computer Software
Small-Business (50 or fewer emp.)
"Best choice with E-invoices"
5/5
What do you like best about Odoo Accounting?

I like best about Odoo Accounting is its user-friendly interface and its ability to streamline the financial management process. It makes it easy to track and configuring the chart of accounts, receivables, fixed assets, expenses, generate invoices, and reconcile accounts, which helps to save time and improve accuracy in financial reporting. The integration with other Odoo modules and E-invoice also multi currency and calculation of taxes. make odoo accounting the best choice Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

It is clear that the application was developed over a large period, which made the recent versions have a lot of features, it is really the best Review collected by and hosted on G2.com.

waqas a.
WA
waqas a.
Odoo developer
Mid-Market (51-1000 emp.)
"easy to use"
5/5
What do you like best about Odoo Accounting?

all features are easy to use its the completed accounting suite Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

not available in odoo community and having some difficult flow Review collected by and hosted on G2.com.

KP
Kekana P.
Small-Business (50 or fewer emp.)
"Odoo Accounting: Easiest Online Accounting Tool"
4.5/5
What do you like best about Odoo Accounting?

It has ever been easy to create, customize and send invoices to customers automatically with Odoo Accounting. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

Mobile application lack some features available on the cloud-based solution. Review collected by and hosted on G2.com.

María Gabriela G.
MG
María Gabriela G.
Asistente logística
Small-Business (50 or fewer emp.)
"The best easy-to-use accounting system for any company"
5/5
What do you like best about Odoo Accounting?

The ease of use and learning, Oddo allows me to manage the accounting of my small business and do it myself without needing to hire someone else to do it. I can easily see the inflows and outflows of money and know what I spend, when, and how. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

The frequent system crashes make it impossible for me to use the platform properly. I have to keep calling technical support to help me issue an invoice remotely. I would like that to be resolved. Review collected by and hosted on G2.com.

Deepak T.
DT
Deepak T.
Senior Account Executive
Mid-Market (51-1000 emp.)
"Ease of automation with reliability"
4.5/5
What do you like best about Odoo Accounting?

Data migration and automated GST TDS & document attachment features I like the most in Odoo Accounting. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

Bank reconciliation & other reconciliations are not automated, which is a dislike or least favorite aspect. Review collected by and hosted on G2.com.

Firas F.
FF
Firas F.
Senior Consultant
Small-Business (50 or fewer emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Odoo Accounting more than accounting software"
5/5
What do you like best about Odoo Accounting?

Multiple everything (currency, company, financial years, inventory, pricelist, chart of account, etc) makes it super software. The flat chart of accounts make it a uniquely flexible structure. The auto-generated journal entries, the ability to view results before posting. Intra-company transactions. Powerful VAT engine. Advanced Payment terms, Automated payment collection follow-ups. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

An odoo functional consultant is a must for configuration. Data migration from excel to odoo could become complicated. Payroll needs more improvements to be able to localize per country. Review collected by and hosted on G2.com.

Verified User in Retail
AR
Verified User in Retail
Small-Business (50 or fewer emp.)
"Easy but a little bit expensive"
4/5
What do you like best about Odoo Accounting?

Easy to understand. easy to use . Easy to learn while using Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

A little bit expensive for very small companies Review collected by and hosted on G2.com.

Carlos D.
CD
Carlos D.
Senior Netsuite Functional Consultant - Finance Ops
Small-Business (50 or fewer emp.)
"All you need for your accounting, for cheap"
4.5/5
What do you like best about Odoo Accounting?

Best bang for your buck. Hosting it yourself means that you just pay for the hosting. The software is completely free, and you can add as many additional modules as you need Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

Some modules are restricted to the enterprise version of Odoo, which is a bit pricey (Still cheaper than most other options though). Multi-currency support isn't as powerful as other ERPs. Review collected by and hosted on G2.com.

VB
Victoria B.
Senior Accountant
Mid-Market (51-1000 emp.)
"Best Solution For Handling Business Accounting - Easy To Use, Resourceful and Affordable"
4.5/5
What do you like best about Odoo Accounting?

When it comes to handling and managing business accounts, there is only one business solution you can trust - Odoo Accounting I have used this software, and I can say it meets our needs really well, thanks to the multitude of features The software is easy to use, and thus no training is needed The software offers lots of accounting features and is, therefore, able to meet many accounting needs. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

With Odoo Accounting, nothing has gone wrong when it comes to accounting. Review collected by and hosted on G2.com.

Balaji K.
BK
Balaji K.
Chief Technical Officer
Mid-Market (51-1000 emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Odoo Accounting Capabilities"
4.5/5
What do you like best about Odoo Accounting?

A build-up of configurations and features needed to include advanced features progressively is a big plus. Often users are forced to have and prepare configurations and data that are not relevant when using an ERP system. A system that builds from fundamentals and progressively enhances features either by configuration or flexible to strengthen and extend easily is better suited. The opensource-ness of Odoo makes it a perfect system for small companies to larger ones. Review collected by and hosted on G2.com.

What do you dislike about Odoo Accounting?

Specific built-in integrations through Odoo under the Enterprise License (e.g., bank synchronization) exposes protected data and violate confidentiality needs. It would be better to have direct integration with the 3rd-parties concerned without an intermediary. The lack of solid access control at a transaction and separation of duties is lacking. Review collected by and hosted on G2.com.