# Alternatives to Odoo

Open source ERP with accounting module.

Odoo ranks #1 of 10 in Accounting software, with an Alt Score of 100. It is licensed under LGPL-3.0, open source with paid hosting from €11.90/user/month and available on Web, iOS and Android. 10 of 10 checklist rows are verified against a public source.

Source: https://altcatalog.com/alternatives/odoo/
Category: Accounting software

## Where Odoo stands out

- **Inventory** — 3 of 9 apps with a verified answer have this
- **Payroll available** — 3 of 9 apps with a verified answer have this
- **Self-hostable** — 3 of 10 apps with a verified answer have this

## Overview

- **Who it's for**: Small and mid-sized businesses and their accountants or finance teams who need core bookkeeping, invoicing, and financial reporting without adopting a full standalone accounting-only tool.
- **What you get**: Odoo's accounting app covers invoicing, bank reconciliation, expense tracking, and financial reporting, with AI-assisted invoice data capture and bank feed matching plus support for regional tax compliance (e.g., e-invoicing standards). It's one module within Odoo's broader open-source ERP suite, so it shares data natively with Sales, Inventory, CRM, and other Odoo apps rather than operating as an isolated bookkeeping product.
- **How it works**: Users record transactions, validate AI-captured invoice data, and reconcile bank feeds imported from connected accounts; the resulting ledger and reports stay synced with other Odoo apps a business has installed (sales orders, purchases, inventory moves, etc.).

## Profile

- **License**: LGPL-3.0 (verified 2026-07-11)
- **Pricing model**: OSS + paid hosting (verified 2026-07-11)
- **Starts at**: €11.90/user/month (verified 2026-07-11)
- **Platforms**: Web, iOS, Android
- **Status**: active (verified 2026-07-11)

## Ranked alternatives

| # | App | Alt Score | Licence | Platforms |
|---|-----|-----------|---------|-----------|
| 1 | [ERPNext](https://altcatalog.com/alternatives/erpnext.md) | 86 | GPL-3.0 | Web |
| 2 | [FreeAgent](https://altcatalog.com/alternatives/freeagent.md) | 86 | Proprietary | Web, iOS, Android |
| 3 | [FreshBooks](https://altcatalog.com/alternatives/freshbooks.md) | 82 | Proprietary | Web, iOS, Android |
| 4 | [QuickBooks](https://altcatalog.com/alternatives/quickbooks.md) | 78 | Proprietary | Web, iOS, Android |
| 5 | [Sage](https://altcatalog.com/alternatives/sage.md) | 78 | Proprietary | Web, iOS, Android |
| 6 | [Xero](https://altcatalog.com/alternatives/xero.md) | 78 | Proprietary | Web, iOS, Android |
| 7 | [Zoho Books](https://altcatalog.com/alternatives/zoho-books.md) | 78 | ? | Web, iOS, Android |
| 8 | [Invoice Ninja](https://altcatalog.com/alternatives/invoice-ninja.md) | 73 | Elastic-2.0 | Web, iOS, Android, Windows |
| 9 | [Wave](https://altcatalog.com/alternatives/wave.md) | 73 | Proprietary | Web, iOS, Android |

Alt Score = Verified coverage (90%) + Visibility (10%). See https://altcatalog.com/how-alt-score-works/

## Feature comparison

Legend: Yes / No / Partial / ? (not verified).

| Accounting software checklist | Odoo | ERPNext | FreeAgent | FreshBooks | QuickBooks | Sage |
|---|---|---|---|---|---|---|
| Pricing model | OSS + paid hosting | OSS + paid hosting | Subscription | Subscription | Subscription | Subscription |
| Starts at | €11.90/user/month | $5/month | £5/month | $23/month | $38/month | £14.99/month |
| License | LGPL-3.0 | GPL-3.0 | Proprietary | Proprietary | Proprietary | Proprietary |
| Platforms | Web, iOS, Android | Web | Web, iOS, Android | Web, iOS, Android | Web, iOS, Android | Web, iOS, Android |
| Invoicing | Yes | Yes | Yes | Yes | Yes | Yes |
| Bank feeds | Yes | Partial | Yes | Yes | Yes | Yes |
| Expense tracking | Yes | Yes | Yes | Yes | Yes | Yes |
| Multi-currency | Yes | Yes | Yes | Yes | Partial | Partial |
| Tax reports (VAT) | Yes | Yes | Yes | Yes | Yes | Yes |
| Payroll available | Yes | Yes | Yes | Partial | Partial | Partial |
| Inventory | Yes | Yes | Partial | Partial | Partial | Partial |
| Self-hostable | Yes | Yes | No | No | No | No |
| Accountant access | Yes | ? | Yes | Yes | Yes | Yes |
| API | Yes | Yes | Yes | Yes | Yes | Yes |

## Sources

Sources for Odoo. Each alternative is sourced on its own page.

- **Pricing model**: OSS + paid hosting — <https://www.odoo.com/pricing> (verified 2026-07-11)
  - Quote: “One App Free”
- **License**: LGPL-3.0 — <https://github.com/odoo/odoo/blob/master/LICENSE> (verified 2026-07-11)
  - Quote: “Odoo is published under the GNU LESSER GENERAL PUBLIC LICENSE, Version 3 (LGPLv3), as included below.”
- **Starts at**: €11.90/user/month — <https://www.odoo.com/pricing> (verified 2026-07-11)
  - Quote: “Standard”
- **Platforms**: Web, iOS, Android — <https://www.odoo.com/documentation/18.0/administration/mobile.html> (verified 2026-07-11)
  - Quote: “The Odoo mobile apps are available for download on the Google Play Store and Apple App Store.”
- **Status**: active — <https://www.odoo.com/odoo-19-release-notes> (verified 2026-07-11)
  - Quote: “Odoo 19 Release Notes”
- **Invoicing**: Yes — <https://www.odoo.com/app/invoicing> (verified 2026-07-11)
  - Quote: “Send and receive unlimited invoices and bills, for free, forever.”
- **Bank feeds**: Yes — <https://www.odoo.com/app/accounting> (verified 2026-07-11)
  - Quote: “Never import bank statements manually again. Odoo integrates with 28,000 banks from all around the world!”
- **Expense tracking**: Yes — <https://www.odoo.com/app/expenses> (verified 2026-07-11)
  - Quote: “Harness the power of OCR. No more wasted time typing in each receipt detail. Odoo scans each receipt and creates an expense record with the total cost and date”
- **Multi-currency**: Yes — <https://www.odoo.com/documentation/18.0/applications/finance/accounting.html> (verified 2026-07-11)
  - Quote: “A multi-currency environment with an automated exchange rate to ease international transactions is available in Odoo.”
- **Tax reports (VAT)**: Yes — <https://www.odoo.com/documentation/18.0/applications/finance/accounting.html> (verified 2026-07-11)
  - Quote: “In the Tax return, Odoo computes all accounting transactions for the specific tax period and uses these totals to calculate the tax obligation.”
- **Payroll available**: Yes — <https://www.odoo.com/documentation/18.0/applications/hr/payroll.html> (verified 2026-07-11)
  - Quote: “used to calculate employees' worked time in conjunction with other Odoo apps, such as Employees, Time Off, Attendances, and Planning, and create corresponding payslips”
- **Inventory**: Yes — <https://www.odoo.com/app/inventory> (verified 2026-07-11)
  - Quote: “Reduce stockouts, speed up operations, optimize routes and get real time visibility with Odoo's warehouse management app.”
- **Self-hostable**: Yes — <https://github.com/odoo/odoo> (verified 2026-07-11)
  - Quote: “Odoo is a suite of web based open source business apps.”
- **Accountant access**: Yes — <https://www.odoo.com/documentation/18.0/applications/finance/accounting.html> (verified 2026-07-11)
  - Quote: “To grant access to the company's accountant, add the accountant as a new user and configure the appropriate access rights in the Accounting section: Accounting: Select Accountant.”
- **API**: Yes — <https://www.odoo.com/documentation/18.0/developer/reference/external_api.html> (verified 2026-07-11)
  - Quote: “Odoo is usually extended internally via modules, but many of its features and all of its data are also available from the outside for external analysis or integration with various tools.”

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Ranked by verified data, never by who paid. https://altcatalog.com/trust/