FreshBooks vs Odoo Accounting: what each really costs
Team size
Billing
FreshBooks
No plan for this billing option
No paid plan to compare for this billing option.
Odoo Accounting
No plan for this billing option
No paid plan to compare for this billing option.
| 10 people | FreshBooks | Odoo Accounting |
|---|---|---|
| Entry paid plan | No plan for this billing option | No plan for this billing option |
| Vendor price | ||
| Monthly cost | ||
| Annual cost | ||
| Per user / year | ||
| Billing commitment | Not recorded | Not recorded |
| Minimum seats | None stated | None stated |
| Free plan | No free plan listed | Yes |
| Free trial | Yes | Not stated |
Calculated by SpecEntry from official vendor prices. Taxes and optional add-ons are not included. Open each product page for every plan and the official source.
FreshBooks vs Odoo Accounting: features
Key features as each vendor lists them. A feature missing from a list does not mean the product lacks it.
FreshBooks
- InvoicingAdd tracked time and expenses, calculate taxes and customize payment options.
- Expense trackingTrack expenses with receipt scanning, bank imports and automated categorization.
- Online payments and remindersAutomated invoices, secure online payments and built-in reminders.
- PayrollRun payroll, track expenses and calculate taxes in one tool.
- Double-entry accountingIncludes time tracking and industry-standard double-entry accounting.
- Multi-device accessWorks in any web browser on desktop, laptop, tablet or phone.
- Accountant accessInvite accountants to your business account.
Source:freshbooks.com ·
Odoo Accounting
- Automatic journal entriesCreates the underlying journal entries for all accounting transactions automatically.
- Accrual and cash basisSupports both accrual and cash basis accounting.
- Multi-company managementManages multiple companies within the same database.
- Bank synchronizationConnects directly with banking institutions to import transactions.
- Currency gains and lossesGenerates currency gains and losses after reconciling journal items.
- Real-time current earningsCalculates current year earnings in real time with no year-end rollover.
- Inventory valuationSupports both periodic and perpetual inventory valuation.
- Quick encodingOffers a quick encoding option for customer invoices and vendor bills.
Source:odoo.com/documentation/18.0/applications/finance/accounting.html ·
FreshBooks vs Odoo Accounting pricing questions
How much do FreshBooks and Odoo Accounting cost?
FreshBooks paid plans start at $23 per month (Lite). Odoo Accounting paid plans start at $24.90/user/month (Standard (yearly)).
Is FreshBooks or Odoo Accounting cheaper for 5 users?
FreshBooks is cheaper for 5 users: $276 per year on Lite, against $1,494 per year for Odoo Accounting on Standard (yearly). That is $1,218 less per year, before tax.
Is FreshBooks or Odoo Accounting cheaper for 10 users?
FreshBooks is cheaper for 10 users: $276 per year on Lite, against $2,988 per year for Odoo Accounting on Standard (yearly). That is $2,712 less per year, before tax.
Is FreshBooks or Odoo Accounting cheaper for 25 users?
FreshBooks is cheaper for 25 users: $276 per year on Lite, against $7,470 per year for Odoo Accounting on Standard (yearly). That is $7,194 less per year, before tax.
Do FreshBooks and Odoo Accounting have a free plan?
Odoo Accounting lists a free plan; FreshBooks does not list one on its official pricing.