Odoo

Odoo

by Odoo • • ERP Software

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Odoo is an open source ERP suite for companies that want accounting, CRM, inventory, manufacturing and HR in one database, starting with one app at no charge.

Odoo is an open source ERP and business application suite for companies that want their finance, sales, operations and people processes in one database. It is made by Odoo S.A. of Grand Rosiere, Belgium, which sells it as one product in a Community edition and an Enterprise edition. Every app installs into the same system, so a company can begin with one function and add the next without a migration. The suite exists to replace the spread of separate tools, spreadsheets and connectors that a growing business otherwise collects. The Accounting app keeps the general ledger, produces the balance sheet and profit and loss statement, and lets a user drill from any total down to the journal items behind it; fixed assets carry their own register with a depreciation board. Sales and CRM take a lead from first contact to a confirmed order, and the Inventory app records the stock movements and valuation that follow. Manufacturing adds bills of materials, work orders and a master production schedule, while the Employees, Time Off and Payroll apps run the workforce, with payroll relying on a country localization package. Around this core sit Website, eCommerce, Point of Sale, Sign, Project, Knowledge, Documents and Discuss, and the External API and Odoo Studio on the Custom plan let developers connect other systems and shape screens and fields. Odoo suits small and mid-sized companies that want an integrated suite without an enterprise implementation, manufacturers that need production planning next to their books, and firms in the countries where its fiscal localization modules cover local tax rules. It also fits IT teams that prefer to host the Enterprise edition on their own servers or on the Odoo.sh platform rather than on Odoo Online. It is bought per user under one login, with every app included in the same subscription. In daily use Odoo is the system where a quotation becomes a sales order, a delivery and an invoice as one record moving through three apps, and where a vendor bill lands in the same ledger. Finance teams close the books and file localized tax reports in it, warehouse teams pick and ship from it, production planners release work orders from it and HR runs payroll in it. It connects to other systems through the External API, its open source code is developed in public on GitHub, and Odoo sells implementation services and Odoo.sh hosting alongside the subscription.

Features

  • Not included: General ledger with multi-entity consolidation
  • Not included: Multi-currency accounting
  • Not included: Accounts payable and receivable automation
  • Included: Fixed asset accounting and depreciation
  • Included: Inventory and order management module
  • Not included: Purchasing with approval workflows
  • Included: Built-in CRM module
  • Included: Project accounting with budgets
  • Included: Payroll and HR module
  • Included: Manufacturing module with BOM and MRP
  • Not included: Upgrade-safe customization layer
  • Included: Financial report writer with drill-down
  • Not included: Audit trail of transaction changes
  • Included: Localized tax and statutory reporting
  • Included: ERP REST API for integrations
  • Not included: Prebuilt bank and e-commerce connectors
  • Not included: Mobile approvals and expense capture
  • Included: On-premise ERP deployment option

Additional Features

  • Accounting app with balance sheet and profit and loss reports
  • Drill-down from report totals to journal items
  • Fixed asset register with depreciation board
  • Straight-line and declining depreciation methods
  • CRM app with leads, opportunities and pipeline
  • Inventory app with stock valuation in the same database
  • Sales app for quotations and sales orders
  • Manufacturing app with bills of materials
  • Work orders and master production schedule
  • Employees and Time Off apps
  • Payroll app with country localization packages
  • Fiscal localization modules per country
  • External JSON-2 API on the Custom plan
  • On-premise deployment on the Custom plan
  • Odoo.sh managed hosting platform
  • Odoo Online hosting included in paid plans
  • Website builder and eCommerce apps
  • Point of Sale app
  • Sign app for electronic signatures
  • Knowledge and Documents apps
  • Discuss messaging app
  • Odoo Enterprise downloadable for self-hosting
  • Open source code base on GitHub
  • Analytic budgets with budget lines per project

Best for

  • Small companies that want accounting, CRM, inventory and HR in one database
  • Teams starting with one app at no charge before adding the rest
  • Manufacturers that need bills of materials and work orders beside the ledger
  • Companies in a country with an Odoo fiscal localization package
  • IT teams that want to self-host the Enterprise edition on their own servers
  • Businesses that want one login across sales, website, shop and back office
  • Developers integrating other systems through the External API
  • Growing companies replacing several point tools with one suite

Use cases

  • Running the general ledger and closing the books
  • Depreciating fixed assets on a schedule
  • Tracking leads through a sales pipeline
  • Managing stock levels and sales order fulfilment
  • Planning production from bills of materials
  • Running payroll with a country localization
  • Filing localized tax and statutory reports
  • Building balance sheet and profit and loss reports
  • Selling online through the eCommerce app
  • Taking in-store payments through Point of Sale
  • Collecting electronic signatures with the Sign app
  • Syncing another system through the External API

Screenshots & Videos

Explore Odoo in action

Bank Matching List Of Unmatched Bank Lines
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Bank Matching List Of Unmatched Bank Lines

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