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.
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.
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.
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.).
Where Odoo stands out
Verified capabilities most alternatives don't have.
Why people leave Odoo
Dashed reasons are sourced facts; the rest are opinions. Vendors can dispute.
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Ranked alternatives
Ordered by Alt Score. Click any score to see the breakdown.
Feature comparison
Rows come from the Accounting software checklist (14 rows). Human-verified cells only. ? means the value has not been verified.
| Accounting software checklist | Odoo | ERPNext | FreeAgent | FreshBooks | QuickBooks | Sage |
|---|---|---|---|---|---|---|
| Pricing model | ||||||
| Starts at | ||||||
| License | ||||||
| Platforms | ||||||
| Invoicing | ||||||
| Bank feeds | ||||||
| Expense tracking | ||||||
| Multi-currency | ||||||
| Tax reports (VAT) | ||||||
| Payroll available | ||||||
| Inventory | ||||||
| Self-hostable | ||||||
| Accountant access | ||||||
| API |
Every fact and feature listed for Odoo is verified against its own pages. Each alternative is sourced on its own page.
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Pricing model OSS + paid hosting verified 2026-07-11
One App Free
https://www.odoo.com/pricing -
License LGPL-3.0 verified 2026-07-11
Odoo is published under the GNU LESSER GENERAL PUBLIC LICENSE, Version 3 (LGPLv3), as included below.
https://github.com/odoo/odoo/blob/master/LICENSE -
Starts at €11.90/user/month verified 2026-07-11
Standard
https://www.odoo.com/pricing -
Platforms Web, iOS, Android verified 2026-07-11
The Odoo mobile apps are available for download on the Google Play Store and Apple App Store.
https://www.odoo.com/documentation/18.0/administration/mobile.html -
Status active verified 2026-07-11
Odoo 19 Release Notes
https://www.odoo.com/odoo-19-release-notes -
Invoicing Yes verified 2026-07-11
Send and receive unlimited invoices and bills, for free, forever.
https://www.odoo.com/app/invoicing -
Bank feeds Yes verified 2026-07-11
Never import bank statements manually again. Odoo integrates with 28,000 banks from all around the world!
https://www.odoo.com/app/accounting -
Expense tracking Yes verified 2026-07-11
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
https://www.odoo.com/app/expenses -
Multi-currency Yes verified 2026-07-11
A multi-currency environment with an automated exchange rate to ease international transactions is available in Odoo.
https://www.odoo.com/documentation/18.0/applications/finance/accounting.html -
Tax reports (VAT) Yes verified 2026-07-11
In the Tax return, Odoo computes all accounting transactions for the specific tax period and uses these totals to calculate the tax obligation.
https://www.odoo.com/documentation/18.0/applications/finance/accounting.html -
Payroll available Yes verified 2026-07-11
used to calculate employees' worked time in conjunction with other Odoo apps, such as Employees, Time Off, Attendances, and Planning, and create corresponding payslips
https://www.odoo.com/documentation/18.0/applications/hr/payroll.html -
Inventory Yes verified 2026-07-11
Reduce stockouts, speed up operations, optimize routes and get real time visibility with Odoo's warehouse management app.
https://www.odoo.com/app/inventory -
Self-hostable Yes verified 2026-07-11
Odoo is a suite of web based open source business apps.
https://github.com/odoo/odoo -
Accountant access Yes verified 2026-07-11
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.
https://www.odoo.com/documentation/18.0/applications/finance/accounting.html -
API Yes verified 2026-07-11
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.
https://www.odoo.com/documentation/18.0/developer/reference/external_api.html
FAQ
Yes. Zoho Books and Wave have a free tier or are fully free. Free-tier limits in the comparison table are verified and dated.
ERPNext and Invoice Ninja — every license claim links its source.