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Odoo Accounting vs TrulySmall Accounting: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both Odoo Accounting and TrulySmall Accounting are leading accounting software solutions, but which one is better for you and your business?

Below we compare Odoo Accounting and TrulySmall Accounting across nearly 50 different data points to help you make find the right one.

Odoo Accounting vs TrulySmall Accounting Reviews

Odoo AccountingTrulySmall Accounting
Trustpilot Rating1.83.8
Number of Trustpilot Reviews1532
iPhone App Rating2.7No Rating
Number of iPhone App Reviews92No Reviews
Android App Rating3.4No Rating
Number of Android App Reviews2,930No Reviews

Odoo Accounting vs TrulySmall Accounting Pricing

Odoo AccountingTrulySmall Accounting
Free TrialYesYes
Free Trial Length15 days14 days
Cheapest Plan NameFreeTrulySmall Accounting
Cheapest Plan Cost Per Month$31.10NA
Mid Priced Plan NameStandardNA
Mid Priced Plan Cost Per Month$31.10NA
Top Plan NameCustomNo
Top Plan Cost Per Month$46.80NA

Odoo Accounting vs TrulySmall Accounting Features

FeaturesOdoo AccountingTrulySmall Accounting
Target Business SizeEnterpriseSmall
Tax HelpYesYes
Income & ExpensesYesYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsYesYes
Enter BillsYesYes
Reconcile Bank TransactionsYesYes
Bank Account IncludedNoNo
Cash Flow ReportYesYes
W-9 + 1099 ManagementNoNo
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingYesYes
Payroll Software IntegrationYesNo
Tax DeductionsYesYes
Receipt CaptureYesYes
Mileage TrackingYesNo
Time ManagementYesNo
Inventory ManagementYesYes
User Access ControlsYesYes
Financial PlanningYesYes
Import/Export To & From ExcelYesYes
Free SupportYesYes
APIYesYes

List of Other Software Integrations

Odoo AccountingTrulySmall Accounting
  • Amazon
  • ebay
  • magento
  • Inter Company Transfer
  • Shipstation
  • QuickBooks
  • Stripe
  • Pipedrive
  • DocHub
  • Stripe

Odoo Accounting Free Features

  • One app only
  • unlimited users
  • Odoo Online

TrulySmall Accounting TrulySmall Accounting Features

  • Automate Accounting Process
  • Send Invoices
  • Track Income & Expenses
  • Track Sales Tax
  • Essential Reporting
  • True Double Entry Ledger
  • Free Companion App
  • IRS/CRA Standard CoA

Odoo Accounting Custom Features

  • All apps
  • Odoo Online / Odoo.sh** / On-premise
  • Odoo Studio
  • Multi-Company
  • External API

TrulySmall Accounting No Features

NA

Odoo Accounting vs TrulySmall Accounting Pro & Cons

Odoo AccountingTrulySmall Accounting
Pros
  • Unlimited users
  • Open-source solution
  • Vast selection of applications
  • Ideal for small businesses and freelancers
  • Automatic categorization with custom rules
  • Simple and easy to use
Cons
  • Free plan only allows one app
  • Complex set-up structure
  • Maintenance Issues
  • No advanced accounting features
  • Doesn’t offer third-party integrations
  • Can’t save invoices as PDFs

Other Accounting Software Comparisons

  • LessAccounting vs Striven
  • Sage Accounting vs Accurants
  • Xero vs AccountEdge Pro
  • Botkeeper vs Accurants
  • FreeAgent vs Acclux
  • Patriot Software vs Vic.ai
  • Kashoo vs TrulySmall Accounting
  • Patriot Software vs Akounto
  • Zoho Books vs Striven
  • QuickBooks Online vs Neat

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