Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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Odoo Accounting
Score 7.0 out of 10
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Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…
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Pricing
Microsoft Dynamics GP
Odoo Accounting
Editions & Modules
No answers on this topic
One App Free
$0
Standard
$24.90
per month billed yearly per user
Standard
$31.10
per month per user
Custom
$37.40
per month billed yearly per user
Custom
$46.80
per month per user
Offerings
Pricing Offerings
Microsoft Dynamics GP
Odoo Accounting
Free Trial
No
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
Optional
Additional Details
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The Standard and Custom plans include the Odoo apps for a single fee.
More Pricing Information
Community Pulse
Microsoft Dynamics GP
Odoo Accounting
Features
Microsoft Dynamics GP
Odoo Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.6
Ratings
16% below category average
Odoo Accounting
7.0
Ratings
10% below category average
Pay calculation
6.00 Ratings
7.00 Ratings
Benefit plan administration
7.00 Ratings
00 Ratings
Direct deposit files
7.00 Ratings
00 Ratings
Salary revision and increment management
7.00 Ratings
00 Ratings
Reimbursement management
6.00 Ratings
7.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
Ratings
9% below category average
Odoo Accounting
8.0
Ratings
5% above category average
API for custom integration
7.00 Ratings
00 Ratings
Plug-ins
7.00 Ratings
8.00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
6.5
Ratings
25% below category average
Odoo Accounting
8.6
Ratings
3% above category average
Single sign-on capability
6.00 Ratings
00 Ratings
Role-based user permissions
7.00 Ratings
8.60 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
16% below category average
Odoo Accounting
9.1
Ratings
14% above category average
Dashboards
7.00 Ratings
8.60 Ratings
Standard reports
7.00 Ratings
8.60 Ratings
Custom reports
6.00 Ratings
10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
15% below category average
Odoo Accounting
8.6
Ratings
10% above category average
Accounts payable
6.00 Ratings
9.10 Ratings
Accounts receivable
7.00 Ratings
9.10 Ratings
Cash management
6.00 Ratings
9.10 Ratings
Bank reconciliation
6.00 Ratings
9.10 Ratings
Expense management
7.00 Ratings
9.10 Ratings
Time tracking
7.00 Ratings
00 Ratings
Fixed asset management
6.00 Ratings
8.00 Ratings
Multi-currency support
8.00 Ratings
9.10 Ratings
Multi-division support
7.00 Ratings
00 Ratings
Regulations compliance
6.00 Ratings
00 Ratings
Electronic tax filing
7.00 Ratings
00 Ratings
Self-service portal
7.00 Ratings
10.00 Ratings
Global Financial Support
6.00 Ratings
8.00 Ratings
Primary and Secondary Ledgers
7.00 Ratings
7.00 Ratings
Intercompany Accounting
6.00 Ratings
8.60 Ratings
Localizations
8.00 Ratings
8.60 Ratings
Journals and Reconciliations
7.00 Ratings
8.60 Ratings
Enterprise Accounting
6.00 Ratings
10.00 Ratings
Configurable Accounting
7.00 Ratings
9.10 Ratings
Centralized Rules Framework
6.00 Ratings
7.00 Ratings
Standardized Processes
7.00 Ratings
7.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
6.8
Ratings
8% below category average
Odoo Accounting
7.3
Ratings
1% below category average
Inventory tracking
7.00 Ratings
7.00 Ratings
Automatic reordering
6.00 Ratings
7.00 Ratings
Location management
8.00 Ratings
7.00 Ratings
Manufacturing module
6.00 Ratings
8.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
It does accounting really well, it does payroll not so well. I say this because when you get into states that have complicated payroll laws like California, overtime calculations are hard to setup and get right. Same goes for other states when they do out of the normal pay structure like piece rate pay. It does HR, A/P and A/R really well and we have had no issues on that side; just payroll when it comes to certain states and how we do anything that is not salary or hourly.
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.
Able to be extended into multiple areas of your business
One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
Having an integration between Project Accounting and Field Service would be amazing! There are so many companies that have service technicians that perform work on a customer's contract but also have a need for project accounting functionality within that customer's contract. Right now those modules are separate so you either need to use one or duplicate some efforts if you need to use both.
Microsoft Dynamics GP could do a better job documenting their new enhancements to the product. They realize great enhancements but the documentation about them, or new products, is lacking so it is difficult as a consultant to know everything a new feature can do for me and my customers.
They could enhance their forecasting capabilities with a new forecasting tool within Management Reporter.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
Overall usability of the older model is not quite so user friendly for the basic bookeeper, but at an accountants level we can generate all the necessary reports and create Sales Orders, Purchase orders and invoices - though it is a bit redundant to enter the sales and purchase orders separately instead of being able to convert a sales order directly to a puchase order by applying a price book like the newer versions can.
I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
Success packs where you get a Single Point of Contact (SPoC). This is great.
Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
Odoo Accounting is a big step up from Quickbooks, especially with the other apps. You see, Odoo Accounting can be used by itself, but is meant to be used with other apps such as Sales, Website, eCommerce, Inventory, Purchase, CRM, and more. The real benefit comes with the integrations with these apps.
If implemented properly, the product can save many hours of data entry time - specifically by setting up integrations of large data sets.
Many times the underlying business process must be adjusted to accommodate software limitations. By being flexible, a company can leverage their users' skills in combination with GP to make data entry faster and more efficient. I have seen many companies eliminate the need for data entry personnel as well as reallocate employee hours to more skilled positions such as reporting and analytics.
Poor implementations, on the other hand, can cause employees to hate their jobs and the software. This isn't specific to GP but to the software industry in general.