Odoo India Accounting vs RealBooks

Two Accounting Software tools compared for Indian CA firms on features, pricing and community ratings.

Odoo India Accounting

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RealBooks

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Odoo India Accounting compared with RealBooks
FeatureOdoo India AccountingRealBooks
Basics
PricingFree (Community) / ₹600 – ₹950 / user / mo (Enterprise)₹500 – ₹1,000 / user / month
Pricing modelPaidPaid
Deploymentcloudcloud
Founded20052012
HeadquartersGandhinagar, Gujarat (Indian entity); Belgium (global HQ)Kolkata, West Bengal
Features · Accounting Software
MCA Rule 3(1) Audit Trail / Edit LogSupportedSupported
NIC E-Invoicing Direct APISupportedSupported
GSTR-2B Automated 3-Way ReconciliationSupportedYes (Odoo l10n_in fiscal localization: Accounting > Reporting > Tax Report > GSTR-2B > Reconcile)Supported
MSME 45-Day Overdue Payment Flagging (Section 43B(h))Not yet verifiedSupported
Automated Bank Reconciliation (BRS API)SupportedSupported
TDS Section 26Q & 194Q AutomationSupportedSupported
Schedule III Balance Sheet & P&L Auto-GenerationSupportedSupported
CA Multi-Client Portal / Accountant AccessSupportedSupportedYes (Multi-Branch)
Direct Tally XML Sync / Migration ToolNot supportedSupported
Multi-Branch / Multi-GSTIN AccountingSupportedSupportedYes (Shared Ledger)
Inventory Management (Batch / Expiry / Serial)SupportedSupported
E-Way Bill Auto-GenerationSupportedSupported
WhatsApp Invoice & Payment Reminder DispatchSupportedSupported
Multi-Currency AccountingSupportedSupported
Cloud SaaS DeploymentSupportedSupportedYes (Pure Cloud)
Mobile App (Android / iOS)SupportedPartly supportedAndroid / iOS
Role-Based Branch Level PermissionsSupportedSupported
256-Bit Data EncryptionNot yet verifiedSupported
Free Trial AvailableSupportedSupportedYes (14 Days)
Starting Commercial PricingSupportedPartly supported₹500 / mo
Barcode Generation & ScanningSupportedNot supported
Low-Stock / Reorder AlertsSupportedNot yet verified
UPI / QR Payment Collection on InvoiceSupportedNot yet verified
Recurring Invoices / Scheduled BillingSupportedSupported
Payroll ModuleSupportedNot supported
Customer / Vendor Self-Service PortalSupportedNot yet verified
Open Developer APISupportedSupportedYes (realbooks.in/api-docs/)
Industry-Specific Vertical ModulesSupportedSupported
Ecosystem & support
Integrations——
Support channels——
Community
RatingNot yet ratedNot yet rated
Reviews00
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Odoo India Accounting

Best for: Open-Source & Cloud Modular ERP with Indian GST & Statutory Localization

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RealBooks

Best for: Cloud Accounting Software Built Specifically for Multi-Branch Businesses & CA Audits

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