Accounting Comparison
Odoo vs QuickBooks
www.cybrosys.com
Odoo
QuickBooks
❑ Odoo is an open source software which is
❑ QuickBooks is an accounting software which
available in community version which is free
is available in enterprise version and online
and enterprise version which paid.
version.
❑ 4+ million users for Odoo worldwide. ❑ It has around 3500 employees. There are 4+ million users for Odoo worldwide. ❑ Around 1500 developers are working for Odoo.
❑ There
are
1+
million
subscribers
for
QuickBooks. ❑ There are around 300+ applications that are supporting QuickBooks. ❑ QuickBooks has 50000+ advisors.
Accounting Features Comparison Scope
QuickBooks
Odoo
Multi-currency
Yes
Yes
Multi-enterprise consolidation
Yes
Yes
Multi-user
Yes
Yes
Multi-Journals
Yes
Yes
Supports multi language
No
Yes
Countries that supports
1
40
Access right
QuickBooks
Odoo
Per screen
No
Yes
Per field Customization validity steps
No No
Yes
API availability
Yes
Yes
Google spreadsheet
No
Yes
Import: excel or csv
Yes
Yes
Export: excel or csv
Yes
Yes
Customer portal
No
Yes
Integration
Accounting Receivable
QuickBooks
Odoo
Multi-currency
Yes
Yes
Multiple taxes per line
No
Yes
Discounts
Yes
Yes
Pricelists
Yes
Yes
Multi step payments terms
No
Yes
Outstanding payments reconciliation
Yes
Yes
Emails discussion as attachment on invoice
No
Yes
Configurable email templates
No
Yes
Customer invoices
Send Invoices
QuickBooks
Odoo
Generate a PDF invoice
Yes
Yes
Batch send invoices by email
No
Yes
Post invoices by standard mail
Yes
Yes
Online payment Multiple contacts per company
Yes
Yes
Credits cards Multiple companies per contact
No
Yes No
PayPal
No
Yes
 Customer payments Aged receivable balance
Yes
Yes
Per customer statements
Yes
Yes
Automated follow up letters
No
Yes
Automated follow up actions
No
Yes
Unpaid fees and penalties
Yes
No
Third party debts recovery
No
No
Recurring revenues
QuickBooks
Odoo
Automated recurring invoice
Yes
Yes
Contrats/subscriptions management
Yes
Yes
Recurring business KPI
No
Yes
Alerts for contract renewal
No
Yes
Automated COGS entries
No
Yes
Automated deferred revenues
No
Yes
Miscellaneous
Accounts Payable
QuickBooks
Odoo
Billing control
No
Yes
Multiple taxes per line
No
Yes
Purchase agreements
No
Yes
Multi-step payments
No
Yes
 Vendor Bills
Vendor payment
QuickBooks
Odoo
Aged payable report
Yes
Yes
Automate wire transfers
No
Yes
ACH Transfers
No
No
Employee expenses report
No
Yes
Expenses validation flow
No
Yes
Yes
Yes
Print checks
Expenses
Miscellaneous Assets management
Bank & Cash
QuickBooks
Odoo
Banks interfaces
Yes
Yes
Import statements QIF
Yes
Yes
Import statements: OFX
Yes
No
Import statements: CSV
Yes
Yes
Import statements: Coda
No
Yes
Import statements Camt.053
No
Yes
Deposit Tickets Deposit Tickets
Yes
yes
Bank reconciliation reports
Yes
yes
Automated currencies rate update
Yes
Yes
Bank Statements
Miscellaneous
Reporting
QuickBooks
Odoo
Legal statement
Yes
Yes
Profit & Loss
Yes
Yes
Balance sheet
Yes
Yes
Cashflow statement
Yes
Yes
General ledger
Yes
Yes
Yes
Yes
Yes
Yes
Tax reports
Tax audit report
Reports
QuickBooks
Odoo
Pivot table on Multiple dimensions
Yes
Yes
Customizable reports
Yes
Yes
Customizable dashboards
Yes
Yes
Annotate reports
No
Yes
Customizable KPI’s
No
Yes
Predefined executive summary
Yes
Yes
Perpetual fiscal year closing
No
Yes
Reports
QuickBooks
Odoo
Pivot table on Multiple dimensions
Yes
Yes
Customizable reports
Yes
Yes
Customizable dashboards
Yes
Yes
Annotate reports
No
Yes
Customizable KPI’s
No
Yes
Predefined executive summary
Yes
Yes
Perpetual fiscal year closing
No
Yes
Usage
QuickBooks
Odoo
UI In Web interface
Yes
Yes
User satisfaction Mobile application
Yes
Yes
In Android
Yes
Yes
Usage In iPhone
Yes
No
Yes
Yes
Most searched
4/5
5/5
Data entry
4/5
5/5
Reconciliation Reconciliation tool tool
3/5
5/5
Apps
4/5
3/5
Flexible reports
4/5
4/5
Found in App Store and Add-ons Subject ratings
Price & conditions
QuickBooks
Odoo
Price per month
27$
Free
Users
3
unlimited
Duration of contract
Monthly
n/a
Free trial
30 days
Free updates
Yes
Yes
Hosting
Yes
Yes
Support
Yes
No
User rating
QuickBooks
Odoo
g2Crowd rating
2/5
4/5
GetApp rating
4/5
5/5
Capterra rating
3.5/5
5/5
Brand exposure
5/5
2/5
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