Compare Odoo Enterprise and Community Editions

Comparison Accounting and Invoicing Modules

Odoo covers all aspects of settlements and payment. For the customers there are few payments methods.

Community invoicing include:
  • Wire transfer

  • PayPal - to accept payments via Paypal or credit cards.

  • Ingenico Payment Services (formerly Ogone) - supports a wide range of payment methods: credit cards, debit cards, bank transfers, Bancontact, iDeal, Giropay.

  • Authorize.net - a payment gateway to accept online payments via credit cards and e-checks.

  • Alipay - the most popular online payment platform in China. Chinese consumers can buy online using their Alipay eWallet.

  • PayU - leading financial services provider in Colombia, Argentina, Brazil, Chile, Mexico, Panama, and Peru. And PayUMoney for India. It allows merchant to accept local payments with just one account and integration.

  • Stripe - to accept online payments via credit cards.

Odoo Invoicing Module includes all operations for creating invoices, its validation, payments registering, bank statement and reconciliation. And also:

  • Taxation (tax methods, calculation, reports) and using default taxes applied to local transactions.

  • Fiscal Localization- fiscal positions, chart of accounts legal statements for each country.

  • Using Main and Multi-Currencies (for example purchasing in US dollars and selling in Euro - there is a mechanism to set currency course for concrete period or to auto refresh from selected source).

Additionally at Odoo Enterprise:
  • SEPA Direct Debit - a Europe-wide Direct Debit system that allows merchants to collect Euro-denominated payments from accounts in the 34 SEPA countries and associated territories.

  • QR code generating and scanning on invoice for European customers. That can get scanned by banking app only.

  • Bill digitalization- to digitalize scanned or PDF vendor bills with OCR and Artificial Intelligence.

  • Checks Printing to pay vendors.

  • Automatically Import of bank statements and using different format of import: CSV, OFX, QIF, CAMT.

  • Budget management - assets (depreciation) and deferred revenues (recognition) - to compare actual with expected revenues and costs.

  • Full Accounting Reports: Profit and Loss (Income, Expenses, Net Profit); Balance sheet (Assets, Liabilities, Equity); Cash flow (Operations, Investments, Financing)