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…
$0
QuickBooks Desktop Premier
Score 8.0 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.
N/A
Pricing
Odoo Accounting
QuickBooks Desktop Premier
Editions & Modules
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
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Offerings
Pricing Offerings
Odoo Accounting
QuickBooks Desktop Premier
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
The Standard and Custom plans include the Odoo apps for a single fee.
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More Pricing Information
Community Pulse
Odoo Accounting
QuickBooks Desktop Premier
Features
Odoo Accounting
QuickBooks Desktop Premier
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Odoo Accounting
7.0
Ratings
10% below category average
QuickBooks Desktop Premier
9.0
Ratings
15% above category average
Pay calculation
7.00 Ratings
7.00 Ratings
Reimbursement management
7.00 Ratings
10.00 Ratings
Benefit plan administration
00 Ratings
10.00 Ratings
Direct deposit files
00 Ratings
8.00 Ratings
Salary revision and increment management
00 Ratings
9.90 Ratings
Security
Comparison of Security features of Product A and Product B
Odoo Accounting
8.6
Ratings
3% above category average
QuickBooks Desktop Premier
10.0
Ratings
18% above category average
Role-based user permissions
8.60 Ratings
10.00 Ratings
Single sign-on capability
00 Ratings
10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Odoo Accounting
9.1
Ratings
14% above category average
QuickBooks Desktop Premier
8.2
Ratings
4% above category average
Dashboards
8.60 Ratings
9.00 Ratings
Standard reports
8.60 Ratings
9.00 Ratings
Custom reports
10.00 Ratings
6.50 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Odoo Accounting
8.6
Ratings
10% above category average
QuickBooks Desktop Premier
8.3
Ratings
6% above category average
Accounts payable
9.10 Ratings
10.00 Ratings
Accounts receivable
9.10 Ratings
10.00 Ratings
Cash management
9.10 Ratings
10.00 Ratings
Bank reconciliation
9.10 Ratings
10.00 Ratings
Expense management
9.10 Ratings
10.00 Ratings
Fixed asset management
8.00 Ratings
5.00 Ratings
Multi-currency support
9.10 Ratings
9.00 Ratings
Self-service portal
10.00 Ratings
5.00 Ratings
Global Financial Support
8.00 Ratings
5.00 Ratings
Primary and Secondary Ledgers
7.00 Ratings
7.00 Ratings
Intercompany Accounting
8.60 Ratings
10.00 Ratings
Localizations
8.60 Ratings
10.00 Ratings
Journals and Reconciliations
8.60 Ratings
10.00 Ratings
Enterprise Accounting
10.00 Ratings
10.00 Ratings
Configurable Accounting
9.10 Ratings
10.00 Ratings
Centralized Rules Framework
7.00 Ratings
10.00 Ratings
Standardized Processes
7.00 Ratings
10.00 Ratings
Time tracking
00 Ratings
5.00 Ratings
Multi-division support
00 Ratings
7.00 Ratings
Regulations compliance
00 Ratings
1.80 Ratings
Electronic tax filing
00 Ratings
10.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Odoo Accounting
7.3
Ratings
1% below category average
QuickBooks Desktop Premier
2.9
Ratings
87% below category average
Inventory tracking
7.00 Ratings
1.70 Ratings
Automatic reordering
7.00 Ratings
1.00 Ratings
Location management
7.00 Ratings
8.00 Ratings
Manufacturing module
8.00 Ratings
1.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Odoo Accounting
7.7
Ratings
0% below category average
QuickBooks Desktop Premier
8.0
Ratings
3% above category average
Pricing
8.00 Ratings
10.00 Ratings
Order entry
8.00 Ratings
10.00 Ratings
Credit card processing
8.60 Ratings
10.00 Ratings
Cost of goods sold
8.60 Ratings
10.00 Ratings
End-to-end order visibility
7.00 Ratings
1.00 Ratings
Order exception Resolution
6.00 Ratings
5.00 Ratings
Order Orchestration
00 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
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.
QuickBooks Desktop is an easy-to-use software with good services. Their invoicing, employment, and vendor sections are all wonderful. These sections allow efficient tracking and instant business summaries and reporting. However, the pricing for additional services and upgrades and lack of good customer service makes it a less attractive software for small businesses.
I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
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.
We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
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.
This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
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.
We've used QuickBooks Desktop Premier for many, many years. We've not reviewed any other accounting products internally - but have a handful of the customers that use Cyma (mentioned above). While I've never had occasion to functionally use Cyma, I have had to install and troubleshoot problems with it. Put simply... not impressed. I found installation a bit confusing, and once started up, I wasn't able to easily find anything I would have wanted to find - where conversely, QuickBooks Desktop Premier excels on both of these fronts.
Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
We receive referrals from satisfied QuickBooks clients.