Odoo Accounting vs. QuickBooks Desktop Premier

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Accounting
Score 7.0 out of 10
N/A
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 AccountingQuickBooks 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
No answers on this topic
Offerings
Pricing Offerings
Odoo AccountingQuickBooks Desktop Premier
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsThe Standard and Custom plans include the Odoo apps for a single fee.
More Pricing Information
Community Pulse
Odoo AccountingQuickBooks Desktop Premier
Features
Odoo AccountingQuickBooks 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 calculation7.00 Ratings7.00 Ratings
Reimbursement management7.00 Ratings10.00 Ratings
Benefit plan administration00 Ratings10.00 Ratings
Direct deposit files00 Ratings8.00 Ratings
Salary revision and increment management00 Ratings9.90 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 permissions8.60 Ratings10.00 Ratings
Single sign-on capability00 Ratings10.00 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
Dashboards8.60 Ratings9.00 Ratings
Standard reports8.60 Ratings9.00 Ratings
Custom reports10.00 Ratings6.50 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 payable9.10 Ratings10.00 Ratings
Accounts receivable9.10 Ratings10.00 Ratings
Cash management9.10 Ratings10.00 Ratings
Bank reconciliation9.10 Ratings10.00 Ratings
Expense management9.10 Ratings10.00 Ratings
Fixed asset management8.00 Ratings5.00 Ratings
Multi-currency support9.10 Ratings9.00 Ratings
Self-service portal10.00 Ratings5.00 Ratings
Global Financial Support8.00 Ratings5.00 Ratings
Primary and Secondary Ledgers7.00 Ratings7.00 Ratings
Intercompany Accounting8.60 Ratings10.00 Ratings
Localizations8.60 Ratings10.00 Ratings
Journals and Reconciliations8.60 Ratings10.00 Ratings
Enterprise Accounting10.00 Ratings10.00 Ratings
Configurable Accounting9.10 Ratings10.00 Ratings
Centralized Rules Framework7.00 Ratings10.00 Ratings
Standardized Processes7.00 Ratings10.00 Ratings
Time tracking00 Ratings5.00 Ratings
Multi-division support00 Ratings7.00 Ratings
Regulations compliance00 Ratings1.80 Ratings
Electronic tax filing00 Ratings10.00 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 tracking7.00 Ratings1.70 Ratings
Automatic reordering7.00 Ratings1.00 Ratings
Location management7.00 Ratings8.00 Ratings
Manufacturing module8.00 Ratings1.00 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
Pricing8.00 Ratings10.00 Ratings
Order entry8.00 Ratings10.00 Ratings
Credit card processing8.60 Ratings10.00 Ratings
Cost of goods sold8.60 Ratings10.00 Ratings
End-to-end order visibility7.00 Ratings1.00 Ratings
Order exception Resolution6.00 Ratings5.00 Ratings
Order Orchestration00 Ratings10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Odoo Accounting
8.0
Ratings
5% above category average
QuickBooks Desktop Premier
1.3
Ratings
142% below category average
Plug-ins8.00 Ratings1.30 Ratings
API for custom integration00 Ratings1.30 Ratings
Best Alternatives
Odoo AccountingQuickBooks Desktop Premier
Small Businesses
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Score 8.9 out of 10
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Score 8.9 out of 10
Medium-sized Companies
Zoho Books
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Score 9.0 out of 10
Zoho Books
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Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
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Score 10.0 out of 10
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User Ratings
Odoo AccountingQuickBooks Desktop Premier
Likelihood to Recommend
9.5
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
1.3
(0 ratings)
Usability
9.1
(0 ratings)
10.0
(0 ratings)
Availability
-
(0 ratings)
8.9
(0 ratings)
Performance
-
(0 ratings)
5.7
(0 ratings)
Support Rating
8.1
(0 ratings)
1.0
(0 ratings)
Online Training
-
(0 ratings)
1.0
(0 ratings)
Implementation Rating
-
(0 ratings)
7.2
(0 ratings)
Configurability
-
(0 ratings)
9.0
(0 ratings)
Ease of integration
-
(0 ratings)
7.0
(0 ratings)
Product Scalability
-
(0 ratings)
6.2
(0 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(0 ratings)
User Testimonials
Odoo AccountingQuickBooks Desktop Premier
Likelihood to Recommend
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.
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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.
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Pros
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
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  • QuickBooks Premier is easy to use, yet flexible and powerful enough to handle some complicated accounting scenarios.
  • QuickBooks Premier offers a wide array of canned reports. Custom reports can be easily created.
  • QuickBooks Premier with Enhanced Payroll gives us the tools to handle complex payrolls with multiple variables.
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Cons
  • Synchronize Merchant Processor Accounts
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  • 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.
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Likelihood to Renew
No answers on this topic
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.
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Usability
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.
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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
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Reliability and Availability
No answers on this topic
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
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Performance
No answers on this topic
It takes forever to load.
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Support Rating
Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. 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.
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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.
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Implementation Rating
No answers on this topic
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.
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Alternatives Considered
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.
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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.
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Scalability
No answers on this topic
They're getting better. Still room for improvement.
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Return on Investment
  • Low cost
  • More Automation
  • Centralized Management
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  • 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.
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ScreenShots

Odoo Accounting Screenshots

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