- Odoo is an open source accounting software with 4+ million users worldwide and 1500 developers. It offers multi-currency, multi-enterprise consolidation, and customization capabilities. - QuickBooks is an enterprise and online accounting software with 1+ million subscribers and 300+ supporting applications. It has fewer capabilities around customization, access rights, and integration compared to Odoo. - Both software offer basic accounting features like invoices, payments, bank reconciliation. However, Odoo provides more flexibility and automation especially around recurring revenues, expenses, contracts and subscriptions management.

1. Odoo vs QuickBooks
www.cybrosys.com
Accounting Comparison

2. Odoo
❑ Odoo is an open source software which is
available in community version which is free
and enterprise version which paid.
❑ 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.
QuickBooks
❑ QuickBooks is an accounting software which
is available in enterprise version and online
version.
❑ There are 1+ million subscribers for
QuickBooks.
❑ There are around 300+ applications that are
supporting QuickBooks.
❑ QuickBooks has 50000+ advisors.

3. Accounting Features
Comparison
Scope QuickBooks
Multi-currency Yes
Multi-enterprise consolidation Yes
Multi-user Yes
Multi-Journals Yes
Odoo
Yes
Yes
Yes
Yes
Countries that supports 1
Supports multi language No Yes
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4. Access right QuickBooks Odoo
Per screen No Yes
Per field No
Customization validity steps No Yes
Integration
API availability Yes Yes
Google spreadsheet No Yes
Import: excel or csv Yes Yes
Export: excel or csv Yes Yes
Customer portal No Yes

5. Accounting Receivable QuickBooks Odoo
Customer invoices
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

6. Send Invoices QuickBooks Odoo
Generate a PDF invoice Yes Yes
Batch send invoices by email No Yes
Post invoices by standard mail Yes Yes
Multiple contacts per company Yes Yes
Multiple companies per contact No No
Online payment
Credits cards Yes
PayPal No Yes

7. 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

8. Miscellaneous
Automated COGS entries No Yes
Automated deferred revenues No Yes
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

9. Accounts Payable QuickBooks Odoo
Vendor Bills
Billing control No Yes
Multiple taxes per line No Yes
Purchase agreements No Yes
Multi-step paymentsMulti-step payments No Yes

10. Vendor payment QuickBooks Odoo
Aged payable report Yes Yes
Print checks
Automate wire transfers No Yes
ACH Transfers No No
Expenses
Employee expenses report No Yes
Expenses validation flow No Yes
Miscellaneous
Assets management Yes Yes

11. Bank & Cash QuickBooks Odoo
Bank Statements
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
Miscellaneous
Bank reconciliation reports Yes yes
Automated currencies rate update Yes Yes
Deposit Tickets Yes yes

12. Reporting QuickBooks Odoo
Legal statement Yes Yes
Profit & Loss Yes Yes
Balance sheet Yes Yes
Cashflow statement Yes Yes
General ledger Yes Yes
Tax reports
Yes Yes
Tax audit report Yes Yes

13. 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

14. 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

15. Usage QuickBooks Odoo
UI
In Web interface Yes Yes
User satisfaction
In Android Yes Yes
Usage
Found in
App Store and Add-ons Yes Yes
Subject ratings
Most searched 4/5 5/5
Data entry 4/5 5/5
Reconciliation tool
Apps 4/5 3/5
Flexible reports 4/5 4/5
Mobile application Yes Yes
In iPhone Yes No
Reconciliation tool 3/5 5/5

16. 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

17. 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

18. For More
Details
Check our company website for Odoo related blogs and
Odoo book.
Odoo Blogs
Check our YouTube channel for functional and technical
videos in Odoo.
Cybrosys Technologies

20. Thank You