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Odoo Accounting

Brand : Odoo

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Starting Price:

₹ 580 excl. GST

₹ 684 incl. GST

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Odoo Accounting Pricing & Plans

Standard
  • All apps
  • Odoo Online
  • Option(s)
    • Licenses
    • Monthly

Calculated Price (Exclusive of all taxes)

580
Custom
  • All apps
  • Odoo Online / Odoo.sh**
  • Odoo Studio
  • Multi-Company
  • External API
  • Option(s)
    • Licenses
    • Monthly

Calculated Price (Exclusive of all taxes)

1140

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Odoo Accounting Features

Core Functionalities

  • icon_check Tax Management It automates the calculation, tracking, and reporting of various taxes.
  • icon_check Accounts Payable Refers to the money a business owes to its suppliers or vendors for goods or services purchased on credit.
  • icon_check Accounts Receivable It represents money owed to a business by its customers or clients for goods or services delivered but not yet paid for.
  • icon_check General Ledger It is a comprehensive record of all a business's financial transactions, categorized by accounts.
  • icon_check Alerts & Notifications They are automated messages that inform users of important financial events, deadlines, or discrepancies.
  • icon_check Multi Currency Support Refers to the software's capability to handle transactions, reporting, and financial management in multiple currencies.
  • icon_check Bank Settlement Refers to the process of reconciling transactions between a company's bank account records & its accounting system.
  • icon_check Bank Reconciliation It is a process of comparing the balances in the company's records with the balances shown on the bank statement.
  • icon_check Collection Management A robust field that involves tracking & managing receivables, including invoicing, payment reminders, & follow-ups.
  • icon_check Batch Management It enables users to handle multiple transactions collectively, streamlining processes such as invoicing, payments, and updates.
  • icon_check Credit / Debit Note A credit note is issued to reduce the amount a customer owes, typically due to returns or overpayments.
  • icon_check Asset Management Consists of tracking & managing a company's assets throughout their lifecycle.
  • icon_check Bookkeeping Capabilities Involves recording and managing financial transactions, tracking income and expenses, and keeping records current.
  • icon_check Branch Management It allows businesses to manage financial transactions, reports, and data specific to different branches or locations, ensuring
  • icon_check Transaction Management Tracks, records, and categorizes financial transactions for accurate reporting.
  • icon_check Quotation & Estimates Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
  • icon_check Statutory Compliances Ensures adherence to legal regulations such as tax laws, payroll requirements, and financial reporting standards.
  • icon_check Cost Centres A vital unit where costs are allocated for internal tracking & management purposes.
  • icon_check Trial Balance Preparation It consists of compiling and listing all ledger accounts and their balances to verify the accuracy of recorded transactions.
  • icon_check Gst Report Preparations Involves the process of compiling data on Goods and Services Tax (GST) transactions from various financial records within an
  • icon_check Payroll Management Streamlines the process of calculating employee salaries, tax deductions, and benefits.
  • icon_check Time & Expenses Management It is a process of recording, tracking, and managing employee working hours and business-related expenses.
  • icon_check Fund Accounting It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
  • icon_check Fixed Asset Register A Fixed Asset Register tracks and manages a company's fixed assets, including their acquisition cost, depreciation, and current
  • icon_check Return Filings Return filings are crucial in accounting software, where businesses prepare and submit tax returns to relevant authorities.
  • icon_check Tds Report Generations Includes the automated creation of reports detailing Tax Deducted at Source (TDS) from payments made to vendors or contractors.
  • icon_check GST Input Reconciliations Involves matching the Input Tax Credit (ITC) claimed on purchases with the GST details provided by suppliers.
  • icon_check Variant Analysis Includes comparing & evaluating different versions or scenarios of financial data to identify variations, discrepancies, or
  • icon_check Broker Management Involves tracking & managing broker transactions, commissions, & related financial activities to streamline brokerage
  • icon_check Claims Management Includes tracking, processing, & settling claims efficiently, ensuring accurate record-keeping and financial reporting.
  • icon_check Document Management Refers to the digital storage, organization, & retrieval of financial documents & records.
  • icon_check Sales Management It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.
  • icon_check Receipt Management It involves capturing, organizing, & storing digital copies of receipts for expenses & purchases.

Administrative Features

  • icon_check Backup & Restore A process of creating a copy of data (backup) to prevent data loss and retrieving that data (restore) to recover the system to
  • icon_check Self Service Portal Allows users to access and manage their financial information independently, including viewing reports, submitting invoices, and
  • icon_check User Access Management Includes roles, permissions, access control, and activity tracking to ensure secure operations.
  • icon_check Admin Controls Allows administrators to manage user access, set permissions, and oversee the security of financial data within the system.
  • icon_check Ledger Scrutiny Ledger scrutiny involves a detailed examination of financial records to ensure accuracy, completeness, and compliance.
  • icon_check Facility Management Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.

Integrations Supported

  • icon_check Import / Export Management Refers to the ability to transfer financial data in and out of the system, enabling seamless integration with various apps.

Financial Management

  • icon_check Cash Flow Management Used for tracking, analyzing, & optimizing the net amount of cash receipts, barring cash expenses.
  • icon_check Cash and Bank Management It tracks and manages all cash inflows and outflows, including bank transactions and cash payments/receipts.
  • icon_check Budgeting & Forecasting They are vital financial planning tools businesses use to estimate future revenue & cash flow.
  • icon_check Revenue Management Refers to the systematic process of predicting, analyzing, & optimizing an organization's income by managing pricing &
  • icon_check Fund Accounting It is a method of segregating resources into self-balancing sets of accounts, or funds, according to their intended use or
  • icon_check Fund Planning Defined as a process of forecasting & managing the inflows and the outflows of cash.
  • icon_check Net Worth Management Defined as a process of tracking and managing an individual or organization's total assets and liabilities.
  • icon_check Financial Planning & Analysis It includes forecasting future financial performance based on historical data, and budgeting for expenses and revenue.

Analytics and Reporting

  • icon_check Financial Accounting and Reporting It involves tracking and managing a company's fixed assets, such as equipment, vehicles, and buildings.
  • icon_check Profit & Loss It shows revenues, costs, and expenses to determine net profit or loss for a period.
  • icon_check Gross Profit Refers to the difference between revenue from sales and the cost of goods sold.
  • icon_check Net Profit Management Involves calculating, analyzing, & reporting the net profit earned by a business after deducting all expenses.
  • icon_check Financial Statement Generation & Analysis Refers to the process of automatically creating financial reports like balance sheets & income statements.
  • icon_check Ratio Analysis It includes evaluating financial ratios derived from financial statements to assess a company's performance.
  • icon_check Audit Management Refers to a process of preparing for & conducting audits by organizing & tracking audit-related activities.
  • icon_check Profit Centers Defined as a segment within a business that is responsible for generating profits.

Sales and CRM

  • icon_check Customer Management It involves tracking & managing customer information, transactions, & interactions to streamline billing, payments, &
  • icon_check Quotation & Estimates Offers detailed price estimates to clients before finalizing sales, while estimates offer preliminary cost projections.
  • icon_check CRM Capabilities CRM capabilities are integrated to streamline & optimize the business processes associated with customer management.
  • icon_check Loyalty Program Tracks and manages rewards or incentives given to customers for their continued business.
  • icon_check Order Management Handles the processing, tracking, & fulfilment of customer orders, thereby integrating them with inventory & financial
  • icon_check Sales Management It consists of tracking sales transactions, managing customer accounts, and generating reports on sales performance.

Inventory and Supply Chain Management

  • icon_check Vendor & Supplier Management Tracks interactions, manages invoices and monitors payments for efficient procurement.
  • icon_check Inventory Management It involves tracking, managing, and optimizing the stock of goods and materials.
  • icon_check Inventory Reconciliation Refers to the process of matching the inventory records in an accounting system with physical inventory.
  • icon_check Barcode Scanning It streamlines inventory management by automatically tracking & recording product information.
  • icon_check Delivery Management It consists of tracking and managing the delivery of goods or services to customers, including scheduling, logistics, & more.
  • icon_check Distribution Management Involves tracking & managing the flow of goods from suppliers to customers, including inventory control.
  • icon_check Item Master A centralised database where detailed information about each inventory item or product is stored.
  • icon_check Product Management It includes overseeing the development and enhancement of features related to tracking, managing, and reporting financial data.
  • icon_check Stock Management It includes tracking inventory levels, monitoring stock movements, & managing reorder points.
  • icon_check Store Management Helps track inventory, manage stock levels, and streamline purchase and sales processes.
  • icon_check Supply Chain Management Streamlines procurement, inventory, and logistics for efficient financial oversight.
  • icon_check Warehouse Management Optimizes inventory, controls stock levels, and manages orders and shipments efficiently.

Project and Workflow Management

  • icon_check Transaction Management Tracks, records, and categorizes financial transactions for accurate reporting.
  • icon_check Project Accounting Project accounting tracks & manages financial information & activities specific to individuals or jobs.
  • icon_check Time & Expenses Management It is a process of recording, tracking, and managing employee working hours and business-related expenses.
  • icon_check Facility Management Refers to the tools used to track and manage the operational costs, maintenance, and usage of physical assets or facilities.
  • icon_check Production Management It involves tracking & controlling the manufacturing process, including inventory levels, work orders, and production costs.
  • icon_check Workflow Management Streamlines tasks automate processes and enhances team collaboration for efficient operations.

Retail and Point of Sale

  • icon_check Point of Sale (POS) Integrates sales transactions with financial records, facilitating real-time inventory management and streamlined reporting.
  • icon_check Retail Management Consists of features for tracking inventory levels, sales transactions, & customer data along with generating reports for

Billing & Invoicing

  • icon_check Invoice Processing It includes receiving and managing invoices from vendors or suppliers to ensure accurate payment and financial record-keeping.
  • icon_check Automatic Payment Reminders Automatic payment reminders are notifications sent to remind customers of upcoming payments.
  • icon_check Payment Processing Refers to the handling of electronic transactions between buyers & sellers, ensuring the secure transfer of funds.
  • icon_check Payment Tracking Monitors and records incoming and outgoing payments, ensuring accurate financial records and timely reconciliation.
  • icon_check Bill Of Materials (BOM) Refers to a detailed list of raw materials, components, and instructions required to manufacture a product.
  • icon_check E-Way Bill Generation E-Way Bill Generation involves creating and managing electronic invoices required for the transportation of goods under GST

Others

  • icon_check Auto Scan and Extract
  • icon_check Budget Management

Odoo Accounting Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Integration:
  • Training:
  • Language:
  • Ubuntu Windows MacOS Linux
  • DesktopMobileTabletiPad
  • Web-Based
  • All Industries
  • All Businesses
  • Small Business, Startups, Medium Business, Enterprises
  • Phone, Email, Communities
  • API Integration
  • Videos
  • عربى, Nederlands, English, français, Italiano, 日本人, 한국어

Odoo Accounting Review

90%

Have recommended this product

Overall Score

4.4/5
Based on 1 Review

Review this product

Your valuable feedback helps others like you make a better decision.

P

prasad

Verified reviewer:linkedin_verify

Chief Financial Officer, Accounting

2-100 Employees

Reviewed on: Jul 24, 2024

4.2/5

“Odoo Accounting is a user friendly software”

I have been using Odoo software for one year. It is a user-friendly software.

Pros :

Cons :

Switched from : TALLY

Reason to switch : We are developing own inhouse Software by using Odoo

Features

5/5

Value for Money

4/5

Customer Support

4/5

Ease of Use

4/5

Likely to Recommend

9/10

Odoo Company Details

Brand Name Odoo
Information Odoo is an open-source suite of integrated business applications actively programmed, supported, and organized by Odoo SA.
Founded Year 2005
Director/Founders Fabien Pinckaers
Company Size 1000+ Employees
Other Products Odoo ERP, Odoo POS, Odoo CRM, Odoo Inventory, Odoo Project

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