How Odoo is Helping Businesses in the UAE?

Why Odoo is Perfect for UAE Businesses?

The UAE is emerging as a global hub for growing businesses and start-ups. With its dynamic market, the business requires a robust tool to stay in the competition. Odoo has emerged as a leading business management software, providing accounting, CRM, project management, etc., under a single roof.

In our blog today, we are exploring the features that have captivated the market of the UAE and helped the business achieve their goals.

While Odoo offers a comprehensive suite of business management tools, it’s important to understand how it compares to other leading solutions like QuickBooks vs. Zoho Books for accounting in the UAE.

Top Benefits of Choosing Odoo UAE for Your ERP Needs

Odoo integrates various functions into an all-in-one business management solution. Let us see how it stands out for UAE businesses:

  1. Cost Effectiveness:

While many competitors charge the subscription based on the number of users and the function they wish to opt for, Odoo breaks this trend by offering the comprehensive subscription based on the number of users while providing access to all of its software.

Odoo users can easily access accounting, CRM, inventory, manufacturing, HR, e-commerce, and many more modules.

  1. Tax reports:

Odoo’s accounting module supports VAT-compliant reports effectively, automated tax calculations, and export data that are compatible with the FTA portal.

  1. Access to all its software:

Odoo offers a comprehensive solution for charges that are based on the number of users. Such users have access to most of their solutions. On the contrary, its competitors charge on a per-user, per-software basis. Thus, businesses having a smaller number of users, especially in small- and medium-scale enterprises, can opt for Odoo software.

  1. E-commerce integration:

Odoo offers businesses the ability to open and manage an online store integrated with several payment gateways. This allows the start-ups and medium businesses to make the best use of the Odoo software.

  1. Open-source framework:

Odoo offers highly customizable and open-source solutions, enabling the business to customize the app as per their requirements and needs. This helps businesses with unique requirements.

  1. User interface:

Odoo’s seamless interface and sophisticated design equip the user with a better user experience for different functions. Their mobile-friendly interface can be accessed from smartphones or tablets.

  1. Localization:

Odoo supports country-specific tax reports, multi-currency, and multi-language, thus making it more suitable for complex compliance requirements in the UAE.

  1. Robust features:

Odoo provides deep capabilities in inventory, manufacturing, CRM, project management, and more. They provide corporate-level ERP solutions. Odoo’s cloud-based approach aligns with solutions like Naqood’s Cloud Accounting Software, which is gaining popularity among UAE startups and SMEs. Also, in case you’re moving toward modular accounting platforms, do not forget to explore Zoho Accounting Software Features to see how it stacks up against Odoo. 

What is the pricing of Odoo?

As of December 2024, Odoo offers two plans as below:

  1. Standard plan: At $13.5 per user per month.
  2. Custom plan: At $20.4 per user per month

Both plans include access to all Odoo applications. The key differences lie in customization and multi-company support.

We at BCL Globiz provide a one-stop solution including accounting, VAT filings, and corporate tax return filings.

For further inquiries, reach out to our experts at punith@bclglobiz.com.

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Accounting, Reporting & Tax Compliance Packages

Startup 1 –
Package Inclusions

Monthly
Yearly
Discount
AED 625
Per Month
( 7,500 Yearly Cost)
AED 7,500
AED 5,250
Per Year

Accounting & Bookkeeping

Monthly & Annual Reporting

Corporate Tax Compliance

Support

Startup 2 –
Package Inclusions

Monthly
Yearly
Discount
AED 938
Per Month
( 11,250 Yearly Cost)
AED 11,250
AED 7,875
Per Year

Accounting & Bookkeeping

Monthly & Annual Reporting

VAT Compliance

Corporate Tax Compliance

Support

Startup 3 –
Package Inclusions

Monthly
Yearly
Discount
AED 1,250
Per Month
( 15,000 Yearly Cost)
AED 15,000
AED 10,500
Per Year

Accounting & Bookkeeping

Monthly & Annual Reporting

VAT Compliance

Corporate Tax Compliance

Support

Startup 4 –
Package Inclusions

Monthly
Yearly
Discount
AED 1,563
Per Month
( 18,750 Yearly Cost)
AED 18,750
AED 13,125
Per Year

Accounting & Bookkeeping

Monthly & Annual Reporting

VAT Compliance

Corporate Tax Compliance

Support

Truly Transparent Pricing! No Hidden Fees!

Accounting, Reporting & Tax Compliance Packages

All in one Packages (Value for Money)

INCLUSION

Monthly
Yearly  
Zoho books - Professional Plan

Startup - 1

Startup - 2

Startup - 3

Startup - 4

AED 625
Per Month
(7,500 Yearly Cost)
AED 7,500
AED 5,250
Per Year
AED 760
Per Month
(9,120 Yearly Cost)
AED 9,120
AED 6,300
Per Year

AED 938
Per Month
(11,250 Yearly Cost)
AED 11,250
AED 7,875
Per Year
AED 1,073
Per Month
(12,870 Yearly Cost)
AED 12,870
AED 8,925
Per Year

AED 1,250
Per Month
(15,000 Yearly Cost)
AED 15,000
AED 10,500
Per Year
AED 1,385
Per Month
(16,620 Yearly Cost)
AED 16,620
AED 11,550
Per Year

AED 1,563
Per Month
(18,750 Yearly Cost)
AED 18,750
AED 13,125
Per Year
AED 1,698
Per Month
(20,370 Yearly Cost)
AED 20,370
AED 14,175
Per Year

Number of Transactions

Accounting & Book-keeping
✔ Monthly Accounting and Bookkeeping
✔ Setup of Chart of Accounts
✔ Setup of Invoicing Templates
✔ Backlog Accounting
✔ Sales Invoice Creation & Posting
✔ Purchase Bill Posting
✔ Expense Bill Posting
✔ Bank Account Reconciliation & Posting
✔ Credit Card Reconciliation & Posting
✔ Other Journal Entries Posting
✔ Month-end & Year-end Closing Entries
✔ Complete Document Management as per FTA Guidelines
Monthly & Annual Reporting
✔ Monthly Balance Sheet
✔ Monthly Accounts Receivable Report
✔ Annual Financial Statements as per IFRS
✔ Monthly Profit & Loss Statement
✔ Monthly Accounts Payable Report
✔ Annual Audit-ready Documentation
VAT Compliance
✔ Regular Advisory on VAT matters
✔ Quarterly VAT Computation
✔ VAT Registration
✔ Quarterly VAT return submission
Corporate Tax Compliance
✔ Ongoing Advisory on Corporate Tax Matters
✔ Annual CT Computation
✔ CT Registration
✔ Annual CT Return Submission
Support
✔ A Dedicated Team Assigned to You
✔ Support via Email & WhatsApp on All Working Days
✔ Monthly Review Meetings
Work Frequency
Data collection and processing

50
Per Month

Monthly

50
Per Month

Monthly

100
Per Month

Monthly

200
Per Month

Monthly

1. Price Inclusive of VAT

2. The default pricing includes Zoho Books Free Plan. If your operations involve Multi Currency invoicing or detailed vendor tracking, then upgrade to the Professional Plan.
If you wish to use other accounting software such as Quick-Books or Tally, you will need to purchase it yourself and provide us with access.

★ Transactions include sales, purchases, payments, receipts, and any other financial activities relevant to the business. For Example if there is a sales invoice recorded in the books then we will consider that as 1 transaction and the receipt of that invoice will be the 2nd transaction.

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