Accounting Comparison Odoo vs QuickBooks

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

2. Odoo Odoo ❑ Odoo is an open source software which is QuickBooks QuickBooks ❑ 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. ❑ 4+ million users for Odoo worldwide. ❑ It has around 3500 employees. There are 4+ version. ❑ There are 1+ million subscribers for QuickBooks. ❑ There are around 300+ applications that are million users for Odoo worldwide. ❑ Around 1500 developers are working for supporting QuickBooks. ❑ QuickBooks has 50000+ advisors. Odoo.

3. Accounting Features Accounting Features Comparison Comparison Scope Scope QuickBooks QuickBooks Odoo 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

4. Access right Access right QuickBooks QuickBooks Odoo 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 Accounting Receivable QuickBooks QuickBooks Odoo 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  Send Invoices QuickBooks QuickBooks Odoo 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  Online payment  Online payment Yes Yes Credits cards Yes No Multiple companies per contact No PayPal No Yes

7.  Customer payments  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.  Recurring revenues  Recurring revenues QuickBooks QuickBooks Odoo Odoo Automated recurring invoice Yes Yes Contrats/subscriptions management Yes Yes Recurring business KPI No Yes Alerts for contract renewal No Yes   Miscellaneous   Miscellaneous Automated COGS entries No Yes Automated deferred revenues No Yes

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

10.  Vendor payment  Vendor payment QuickBooks QuickBooks Odoo 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  Bank & Cash QuickBooks QuickBooks Odoo Odoo  Bank Statements Yes Yes Banks interfaces 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  Miscellaneous Bank reconciliation reports Yes yes Automated currencies rate update Yes Yes

12. Reporting Reporting QuickBooks QuickBooks Odoo 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 Reports QuickBooks QuickBooks Odoo 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 Reports QuickBooks QuickBooks Odoo 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 Usage QuickBooks QuickBooks Odoo Odoo UI In Web interface Yes Yes User satisfaction Mobile application Yes Yes In Android Yes Yes Usage In iPhone Yes No  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 Reconciliation tool 3/5 5/5 Apps 4/5 3/5 Flexible reports 4/5 4/5

16. Price & conditions Price & conditions QuickBooks QuickBooks Odoo 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 User rating QuickBooks QuickBooks Odoo 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. Check our company website for Odoo related blogs and For More For More Details Details Odoo book. Odoo Blogs Check our YouTube channel for functional and technical videos in Odoo. Cybrosys Technologies

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