Odoo is a fully-integrated, customizable, and open-source suite of business applications. A majority of the business needs such as CRM, Sales, Project, Manufacturing, Inventory, and Accounting are met through this all-in-one software solution designed for every company, regardless of size and budget.
Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping & more.
Feature comparison
GENERAL ACCOUNTING
| General Scope | Odoo | Xero |
|---|---|---|
| Multi-Currency | ||
| Multi-Company Consolidation | ||
| Multi-User | ||
| Multiple Journals | ||
| Multi-Language Support | ||
| Supported Countries | 40 | 4 |
| Access Rights | Odoo | Xero |
|---|---|---|
| Access Rights per Screen | ||
| Access Rights per Field | ||
| Customizable Validation Steps |
| Third Party-Integration | Odoo | Xero |
|---|---|---|
| Availability of an API | ||
| Google Spreadsheet Integration | ||
| Import: Excel or CSV | ||
| Export: Excel or CSV | ||
| Customer Portal |
ACCOUNTING & FINANCE
| Customer Invoices | Odoo | Xero |
|---|---|---|
| Proforma Invoices | ||
| Multiple Taxes per Line | ||
| Discounts | ||
| Pricelists | ||
| Multi-Step Payments Terms | ||
| Outstanding Payments Reconciliation | ||
| Emails Discussion as Attachment on Invoice | ||
| Congruable Email Templates |
| Send Invoices | Odoo | Xero |
|---|---|---|
| Generate a PDF Invoice | ||
| Batch Send Invoices by Email | ||
| Post Invoices by Standard Mail |
| Customer Statements | Odoo | Xero |
|---|---|---|
| Aged Receivable Balance | ||
| Per Customer Statements | ||
| Automated Follow-up Letters | ||
| Automated Follow-up Actions | ||
| Unpaid Fees and Penalties | ||
| Third-Party Debts Recovery |
| Online Payments | Odoo | Xero |
|---|---|---|
| Credit Cards | ||
| PayPal |
| Recurring Revenues | Odoo | Xero |
|---|---|---|
| Automated Recurring Invoices | ||
| Contracts/ Subscriptions Management | ||
| Recurring Business KPI | ||
| Alerts for Contract Renewal | ||
| Miscellaneous | Odoo | Xero |
|---|---|---|
| Automated COGS Entries | ||
| Automated Deferred Revenues |
ACCOUNTS PAYABLE
| Vendor Bills | Odoo | Xero |
|---|---|---|
| Billing Control | ||
| Multiple Taxes per Line | ||
| Purchase Agreements | ||
| Multi Step Payment Terms |
| Vendor Payments | Odoo | Xero |
|---|---|---|
| Aged Payable Report | ||
| Print Checks | ||
| Automate Wire Transfers | ||
| ACH Transfers |
| Expenses | Odoo | Xero |
|---|---|---|
| Employee Expenses Report | ||
| Expenses Validation Flow |
| Miscellaneous | Odoo | Xero |
|---|---|---|
| Asset Management |
BANK & CASH
| Bank Statements | Odoo | Xero |
|---|---|---|
| Bank Interfaces | ||
| Import Statements: QIF | ||
| Import Statements: OFX | ||
| Import Statements: CSV | ||
| Import Statements: Coda | ||
| Import Statements: Camt.053 | ||
| Deposit Tickets |
| Miscellaneous | Odoo | Xero |
|---|---|---|
| Bank Reconciliation Reports | ||
| Automated Currencies Rate Update |
EXTRAS
| Analytic Accounting / Grouping | Odoo | Xero |
|---|---|---|
| Analytic/Cost Accounting | ||
| Multi-Level Analytic Accounting | ||
| Multiple Plans | ||
| Optional Tags per Entry |
| Budgets | Odoo | Xero |
|---|---|---|
| General Budgets | ||
| Analytic Budgets |
| Valuation | Odoo | Xero |
|---|---|---|
| Standard Price | ||
| Average Price | ||
| FIFO & LIFO | ||
| Perpetual Inventory Valuation |
| Payroll | Odoo | Xero |
|---|---|---|
| Payroll |
REPORTING
| Reports | Odoo | Xero |
|---|---|---|
| Pivot Table on Multiple Dimensions | ||
| Customisable Reports | ||
| Customisable Dashboards | ||
| Annotate Reports | ||
| Customisable KPI’s | ||
| Predefined Executive Summarys | ||
| Perpetual Fiscal Year Closing |
| Legal Statements | Odoo | Xero |
|---|---|---|
| Profit & Loss | ||
| Balance Sheet | ||
| Cashflow Statement | ||
| General Ledger | ||
| Tax Reports | ||
| Tax Audit Report |
Source:Â https://www.odoo.com/
Discover our business services
However you operate, we provide customised business software solutions that enable you to streamline your processes and optimise your performance, regardless of your industry.
Data Analytics
Gain easier access to your data and undertake smarter analysis. We provide tailored data solutions to help you learn more about your business and make better decisions.
Advanced Budgeting & Forecasting
Improved budgeting and forecasting means you can look further ahead with greater accuracy and achieve better oversight for the future, helping to make smarter decisions that create a more profitable business.
Enterprise Resource Planning (ERP)
Get the full picture across your entire organisation. Leverage our end-to-end transaction processing solution that streamlines your processes, saves you time, and reduces your systems footprint.
Robotic Process Automation (RPA)
Take advantage of Robotic Process Automation to automate those cumbersome and repetitive admin tasks. Redeploy human resources to more productive tasks, eliminate costly human error, and process more in less time.
Admin Assist
Our specialist accounting automation service runs within your current network and infrastructure to automate your admin function. Take those repetitive, mundane, and time-consuming tasks off your admin staff, and focus them on more important work.
HR and Payroll
Take advantage of software solution that merges payroll and HR activities to achieve maximum efficiency for your business.