Why Choose Odoo Accounting?

Powerful Financial Features

Supports multi-currency accounting, automated recurring invoices, advanced tax calculations, and automated follow-up actions, giving users more flexibility and automation in financial operations.

Flexible Purchase Agreements

The ability to manage purchase agreements directly in the system helps businesses simplify procurement processes and maintain better control over vendor relations.

Affordable Pricing and Flexible

Free community edition with unlimited users, ensuring that Odoo is accessible to businesses of all sizes at a competitive price.

Enhanced Security

Customizable validation steps for access rights offer advanced security and control tailored for business needs.

Global Reach & Customization

Supports 85 languages and 80+ countries, making it ideal for businesses with a global footprint.

High User Satisfaction

A 4.3/5 rating on g2Crowd shows strong user approval, highlighting ease of use and reliable performance.

Features of Odoo Accounting

Explore the key features that make this software a powerful tool for optimizing your business operations.

Automated Journal Entries

Simplify the creation of journal entries by automating the process, reducing manual data entry errors, and ensuring accuracy.

Comprehensive Reporting

Generate key financial reports such as Profit & Loss, Balance Sheet, Cash Flow, and Tax Reports with just a few clicks.

Accounts Payable & Receivable

Manage accounts payable and receivable seamlessly, tracking invoices and payments with real-time updates, ensuring accuracy.

Multi-Currency Support

Supports multi-currency transactions, making it ideal for businesses that deal with international clients and vendors.

Expense Management

Track employee expenses and automate the approval process, ensuring timely reimbursements and efficient budget management.

Invoicing & Billing

Automate invoicing, generate professional invoices and integrate with other business functions to ensure smooth and efficient payment processes.

Tax Management

Includes built-in features for managing local and international tax regulations, including VAT, withholding taxes, and electronic invoicing.

Audit Trail

Ensure transparency and compliance with a full audit trail of all financial transactions, allowing you to track who made changes and when.

Modules of Odoo Accounting

Accounting & Invoicing

A robust system for managing financial transactions, invoices, accounts payable and receivable, financial reporting, and budgeting.

Expenses

Automate the expense management process, from submitting receipts to approval and reimbursement, ensuring accurate tracking.

Consolidation

Consolidate the financial reports of multiple companies into a single set of accounts, ideal for businesses with multiple subsidiaries.

How Odoo Accounting Stands Out
From Its Competitors

FeaturesOdooQuickbooks OnlineSageXero
Multi-currency✅✅✅✅
Consolidation✅❌❌❌
Number of Languages855101
Supported Countries80+1155
Customizable Validation Steps for Access Rights✅❌❌❌
Customer Portal✅✅✅❌
Automated Recurring Invoices✅✅✅✅
Multiple Taxes per Line✅❌✅❌
Advanced Taxes (fixed, tax of taxes)✅❌✅❌
Automated Follow-up Actions✅✅❌✅
Purchase Agreements✅❌❌❌
Automated Wire Transfer (SEPA)✅❌✅❌
eCommerce Solution✅❌❌❌
Monthly PricingFree$27$10$30
Number of UsersUnlimited3 (+2 accountant Users)Unlimited5 (+$1/month for an additional user)
Ratings on g2Crowd4.3/54/53.8/54.3/5
CLIENT TESTIMONIAL

Hear from Our Clients Voices of Trust.

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Odoo: Robust Accounting Software

We have mainly focused on Odoo from early last year to track applicants, manage accounts Receivable, invoicing among other business procedures.

Brittany N.
Strategic Account Specialist
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Odoo - Open Source and Paid Versions for Integrating Accounting, CRM, Billing

It is a must have for our company as we have integrated our complete online e-commerce grocery retail or omnichannel business on odoo.

CMA Vipin A.
Manager - Finance
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Odoo Support Feedback

User friendly, highly functional and good for all sizes of business from the very small to large. Excellent system.

Ashley S.
Accountant - Mining & Metals
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Use this product to increase your business productivity

I am working for 4.7 years with Odoo Odoo is very good, practical and easy to use ERP software Easy customization that fulfils every clients' organizational needs.

Keriwala S.
Odoo Functional Consultant

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Frequently Asked Questions (FAQs)

Odoo Accounting is an all-in-one financial management software that helps businesses manage invoicing, expenses, reporting, and more tasks. It simplifies financial processes for small and medium-sized businesses.

Odoo Accounting simplifies your financial management by automating tasks like invoicing, expenses, and tax calculations. And, Softeko Edge helps customize Odoo to fit your business needs, ensuring smooth operations with tailored workflows and features.

Yes, Odoo Accounting is highly customizable. And, Softeko Edge specializes in customizing Odoo's accounting features to match your specific business requirements, whether it's creating unique workflows, custom access controls, or specialized reporting.

Absolutely! Odoo Accounting is ideal for small and medium-sized businesses. Softeko Edge helps these businesses start with essential features and scale to more advanced functionalities as their needs grow, all while keeping the software fully customized.

Odoo Accounting offers customizable solutions with seamless integration across various business functions like sales, inventory, and CRM. And, Softeko Edge ensures Odoo Accounting is tailored to your unique business needs, which makes it stand out from other systems with fixed features and workflows.

Odoo Accounting includes built-in features for managing taxes like VAT, withholding taxes, and electronic invoicing. In Softeko Edge, we can help customize Odoo to handle your specific local and international tax regulations efficiently.

Yes, Odoo offers a free community edition of its accounting software. If you need additional features or customization, Softeko Edge can also help you tailor the full version of Odoo Accounting to meet your business’s unique needs.

Getting started is easy! You can start with the free community edition or work with Softeko Edge to customize and implement the full version of Odoo Accounting, ensuring it fits your specific business requirements.

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