Akaunting vs. Odoo Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Akaunting
Score 5.0 out of 10
N/A
Akaunting is an online accounting software that enables the user to track income and expenses, from the company of the same name in Istanbul. The company offers a free version of its product.
$12
per month
Odoo Accounting
Score 7.0 out of 10
N/A
Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…
$0
Pricing
AkauntingOdoo Accounting
Editions & Modules
Standard Cloud
$12
per month
Premium Cloud
$36
per month
Elite Cloud
$84
per month
Ultimate Cloud
$218
per month
One App Free
$0
Standard
$24.90
per month billed yearly per user
Standard
$31.10
per month per user
Custom
$37.40
per month billed yearly per user
Custom
$46.80
per month per user
Offerings
Pricing Offerings
AkauntingOdoo Accounting
Free Trial
YesYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional DetailsDiscounts available for annual pricing.The Standard and Custom plans include the Odoo apps for a single fee.
More Pricing Information
Community Pulse
AkauntingOdoo Accounting
Features
AkauntingOdoo Accounting
Security
Comparison of Security features of Product A and Product B
Akaunting
7.0
Ratings
17% below category average
Odoo Accounting
8.6
Ratings
3% above category average
Role-based user permissions7.00 Ratings8.60 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Akaunting
8.3
Ratings
5% above category average
Odoo Accounting
9.1
Ratings
14% above category average
Dashboards9.00 Ratings8.60 Ratings
Standard reports7.00 Ratings8.60 Ratings
Custom reports9.00 Ratings10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Akaunting
6.0
Ratings
26% below category average
Odoo Accounting
8.6
Ratings
10% above category average
Accounts payable3.00 Ratings9.10 Ratings
Accounts receivable5.00 Ratings9.10 Ratings
Multi-currency support9.00 Ratings9.10 Ratings
Self-service portal5.00 Ratings10.00 Ratings
Localizations8.00 Ratings8.60 Ratings
Cash management00 Ratings9.10 Ratings
Bank reconciliation00 Ratings9.10 Ratings
Expense management00 Ratings9.10 Ratings
Fixed asset management00 Ratings8.00 Ratings
Global Financial Support00 Ratings8.00 Ratings
Primary and Secondary Ledgers00 Ratings7.00 Ratings
Intercompany Accounting00 Ratings8.60 Ratings
Journals and Reconciliations00 Ratings8.60 Ratings
Enterprise Accounting00 Ratings10.00 Ratings
Configurable Accounting00 Ratings9.10 Ratings
Centralized Rules Framework00 Ratings7.00 Ratings
Standardized Processes00 Ratings7.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Akaunting
8.5
Ratings
10% above category average
Odoo Accounting
7.7
Ratings
0% below category average
Pricing9.00 Ratings8.00 Ratings
Order entry8.00 Ratings8.00 Ratings
Credit card processing8.00 Ratings8.60 Ratings
Cost of goods sold9.00 Ratings8.60 Ratings
End-to-end order visibility00 Ratings7.00 Ratings
Order exception Resolution00 Ratings6.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Akaunting
10.0
Ratings
27% above category average
Odoo Accounting
8.0
Ratings
5% above category average
Plug-ins10.00 Ratings8.00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Akaunting
-
Ratings
Odoo Accounting
7.0
Ratings
10% below category average
Pay calculation00 Ratings7.00 Ratings
Reimbursement management00 Ratings7.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Akaunting
-
Ratings
Odoo Accounting
7.3
Ratings
1% below category average
Inventory tracking00 Ratings7.00 Ratings
Automatic reordering00 Ratings7.00 Ratings
Location management00 Ratings7.00 Ratings
Manufacturing module00 Ratings8.00 Ratings
User Ratings
AkauntingOdoo Accounting
Likelihood to Recommend
5.0
(0 ratings)
9.5
(0 ratings)
Usability
8.0
(0 ratings)
9.1
(0 ratings)
Support Rating
5.0
(0 ratings)
8.1
(0 ratings)
User Testimonials
AkauntingOdoo Accounting
Likelihood to Recommend
If anyone is searching for cloud-based Accounting software and have never used any accounting software before, then Akaunting is perfect for them. They can easily use it which will help me a lot. It has a beautiful UI and a simple one which makes it easy to use for everyone. A small business and a starting business are a good fit for this software.
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Odoo Accounting is well suited for small and medium businesses that want to use an affordable cloud-based accounting solution with a simple, easy-to-use, intuitive, and user-friendly interface. For someone who does not have the strongest accounting knowledge with GAAP, Odoo Accounting solution will be familiar with the system easily after a couple of hours of technical training by Odoo consultants. Odoo Accounting will be not suitable for the complex accounting and invoicing processes within its standard functionalities without doing custom codes through its Odoo studio to fit with the requirements.
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Pros
  • Easy to use.
  • Can be installed into own hosting.
  • Have lots of features.
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  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
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Cons
  • They should make their add ons more cheaper.
  • And they should make few add ons free which are essential.
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  • Synchronize Merchant Processor Accounts
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Usability
Because I loved this software and I want others to know about it too, it will surely help many others who are searching for simple accounting software like I was searching some time ago.
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I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
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Support Rating
I have never tried to call their support, but checking their documentation and FAQs, etc helped me a lot so they deserved this rating...
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Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
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Alternatives Considered
It is very easy to use and get started with. It can be installed into my own hosting easily and is open source too which means I can add more features myself if I know programming.
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Odoo Accounting is a big step up from Quickbooks, especially with the other apps. You see, Odoo Accounting can be used by itself, but is meant to be used with other apps such as Sales, Website, eCommerce, Inventory, Purchase, CRM, and more. The real benefit comes with the integrations with these apps.
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Return on Investment
  • Akaunting has helped me a lot since I started using it.
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  • Low cost
  • More Automation
  • Centralized Management
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ScreenShots

Odoo Accounting Screenshots

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