G2

Muhammad H.

Accountant, Bookkeepers

Small-Business (50 or fewer emp.)

8/26/2023

"Using Odoocloud Accounting for bookkeeping"

4/5

What do you like best about Odoocloud Accounting?

I liked the following things about Odoocloud Accounting during my Working on this software:

It is cloud-based, so I can access it from anywhere. This is great for businesses that have employees or partners who work remotely.

It is modular, so I can only install the modules that I need. This helps me to save money and only have the features that I use.

It is affordable, especially for small businesses. The pricing is very competitive, and there are many free and open-source modules available.

It is easy to use. The interface is intuitive and easy to learn, even for people with no accounting experience.

It is highly customizable. I can change the look and feel of the software to match my branding, and I can add or remove features as needed.

It is integrated with other Odoo apps. This allows me to manage all aspects of my business from a single platform.

It has a large and active community. There are many resources available to help me get started and troubleshoot problems.

Overall, I think Odoocloud Accounting is a great option for businesses of all sizes. It is affordable, easy to use, and highly customizable. I would definitely recommend it to anyone looking for a cloud-based accounting software. Review collected by and hosted on G2.com.

What do you dislike about Odoocloud Accounting?

Here are some things that I dislike about Odoocloud Accounting:

Some modules are restricted to the enterprise version of Odoo, which is a bit pricey. For example, the bank synchronization module is only available in the enterprise version. This can be a major drawback for businesses that need this functionality.

Multi-currency support isn't as powerful as other ERPs. Odoocloud Accounting only supports a limited number of currencies, and the exchange rate updates can be slow. This can be a problem for businesses that operate in multiple currencies.

The lack of solid access control at a transaction and separation of duties is lacking. This can be a security risk, especially for businesses with sensitive data.

The documentation can be lacking at times. This can make it difficult to learn how to use the software, especially for advanced features.

Overall, I think Odoocloud Accounting is a great option for businesses of all sizes. However, there are some limitations that businesses should be aware of before choosing this software. Review collected by and hosted on G2.com.

What problems is Odoocloud Accounting solving and how is that benefiting you?

Odoocloud Accounting solves a variety of problems for businesses, including:

**Manual data entry: Odoocloud Accounting automates many of the manual tasks involved in accounting, such as invoice processing, expense tracking, and bank reconciliation. This frees up time for businesses to focus on other tasks.

**Accuracy: Odoocloud Accounting helps businesses improve the accuracy of their accounting data by providing built-in validation rules and error checking. This helps to reduce the risk of errors and omissions.

**Compliance: Odoocloud Accounting is compliant with a variety of accounting standards, including GAAP and IFRS. This helps businesses to avoid fines and penalties for non-compliance.

**Visibility: Odoocloud Accounting provides businesses with real-time visibility into their financial data. This helps businesses to make better decisions about their finances.

**Scalability: Odoocloud Accounting is scalable, so it can grow with the needs of businesses. This means that businesses don't have to switch to new accounting software as they grow.

I personally benefit from Odoocloud Accounting in the following ways:

It saves me time: I no longer have to spend hours manually entering data into spreadsheets. Odoocloud Accounting automates this process, so I can focus on other tasks.

It reduces errors: Odoocloud Accounting has built-in validation rules that help me avoid errors. This gives me peace of mind knowing that my financial data is accurate.

It helps me to stay compliant: Odoocloud Accounting is compliant with a variety of accounting standards, so I don't have to worry about fines or penalties.

It gives me visibility into my finances: I can easily track my income and expenses in real-time. This helps me to make better financial decisions for my business.

It is scalable: Odoocloud Accounting can grow with my business. This means that I don't have to switch to a new accounting software as I grow.

Overall, I am very happy with Odoocloud Accounting. It has helped me to save time, reduce errors, stay compliant, and improve my financial visibility. I would definitely recommend it to other businesses. Review collected by and hosted on G2.com.