Openbravo Accounting Software Review

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Openbravo sells all of their software through channel partners so that they can provide quick, cost effective, on site implementation; and they currently have over two hundred seventy-five modules to offer their customers, which means a greater flexibility for different types of businesses, making them the leader in their field. With almost 2,000,000 downloads by customers, their popularity demonstrates the high quality of the product that they have to offer.

At a Glance
Openbravo Accounting Software Products

  • Openbravo 3: Financials and Accounting

Product Key Features

  • Default charts of accounts
  • Definition of charts of accounts
  • Fiscal year and year-to-year management
  • Budgeting
  • Tax categories
  • Manual entries
  • Journal entries
  • Trial balance
  • General ledger
  • P&L statements (income statements)
  • Balance sheets
  • General accounting plan statements
  • Standard OFX module
  • Accounting tabs for transactions module
  • Custom accounting

What Openbravo Accounting Software Can Do

Openbravo offers their accounting software as flexible software that can be scaled to fit the needs of their customers. Their products remain cost effective so that they can compete with the best of accounting software vendors. They strive to offer an end to end experience for all of their customers’ products. More highlights include:

  • Tax brackets. Determining flexible taxes based on regions, products, or business partners
  • Linked accounting. Direct navigation from accounting entries to documents and vice versa
  • Ability to track costs and revenues as well as the status of projects
  • Receive all information in real time for better service
  • Handles multi-currency with the software
  • Click through installation is available with their software

Pros

  • It’s open source software, allowing you to build on top of the solution.
  • Web based software that has the ability to be fully integrated with other Openbravo software for a complete ERP solution.
  • Solutions are customizable across different industries.
  • Top down control of all your financials

Cons

  • It’s open source software, so you may need to work with a third party to customize it to your company’s needs.
  • Might not be a good solution for small business who don’t have the IT resources needed to manage Openbravo’s software.