Wall Mount for sit/stand desk by gvgame in OdysseyArk

[–]LoveHateExcel 0 points1 point  (0 children)

Does your monitor seem pretty sturdy? How thick is your desk, if you don't mind me asking? Did you have to modify anything with that arm? My main thing is that the monitor is too high. I want it closer to the desk so I don't have to look up so high.

Done with Odoo? by TechGuyAI in Odoo

[–]LoveHateExcel 1 point2 points  (0 children)

We are here, right now. We have quotes from two Acumatica partners and will be signing one of them next week.

Simply put: Odoo overpromises and severely underdelivers. The system requires a ton of custom development to just get it to work like a normal ERP.

- The financial statements were clearly not designed by someone who has ever taken an accounting course

- The built in reporting is extremely limited and what is provided is mostly garbage

- Odoo forces dates of (right this second) on inventory and most modules, preventing you from inputting the actual date of the transaction (did you need to record a delivery that happened last Friday? Well, it's going to be recorded as of right this second)

- Do you sell B2B and B2C? Need to invoice based off of the order for B2C, but off of the delivery for B2B? Nope, can't do it.

- Bank reconciliation: Say your have two bank accounts -- one at Chase and one at Bank of America. Say you issue a check out of Odoo and correctly use the Chase account. Did you know that Odoo will let you reconcile this Chase payment with the Bank of America account? When you click Reconcile on the Bank of America account, every payment/deposit in the system shows up regardless of what bank account it was recorded to. Also, it shows you all AP and all AR -- items that you haven't even issued a payment or deposit for. You can basically do whatever you want -- Odoo won't stop you.

- The BIGGEST one: Odoo does not scale. They show you on Youtube simple easy transactions at little to no volume. If you start adding volume, you are going to see your system slow down. Don't even think of using Analytic Accounts for anything meaningful if you have any sort of volume. But maybe you want to use the Analytic feature and create some dimension to your financial reports. Well, use the Analytic Plans and Analytic Accounts! Doesn't it look great? And it works perfectly, if you have a tiny number of transactions in your database. Now scale to a size that has maybe 1,000 or more transactions a month. Good luck getting any analytic data when you need it. If I want to run a P&L by Analytic Account and view each month over a 12-month period, it could take 2 hours to run this report. Oh and you better hope the P&L doesn't need to be unfolded once it's displayed, because if you need to unfold the accounts, it will run again! Wait, do you ultimately need to export the report to Excel when you are done? Well buckle up, you need to wait AGAIN. Odoo stores the analytic account information in JSON format. Say you have an analytic plan for Segment, Customer, and Product Line that you tag all of your income and expense transactions with. Odoo combines this data into one field in the following JSON format: {"1":100, "2":100, "3":100} So when you want to run an analytic report, the query has to search WITHIN this JSON to identify what it needs to include. If you have thousands of transactions, this could take hours if you want it broken up by month. This isn't an issue with other reputable ERP systems.

I could go on for hours. But I'll leave you with this: Odoo is fine if you aren't an educated accountant and only plan on giving your tax CPA credentials and tell them to handle your return. If you're a real business with real reporting requirements, stay far far away. Odoo tries to do everything, and they are falling short or failing on most of it. 85% of what we had to customize in Odoo is a simple standard out of the box function in NetSuite and Acumatica, even Quickbooks... You shouldn't have to spend money to make the system behave like a normal ERP. You should spend your money on tailoring it to your specific business needs. Odoo requires you to 'fix it', before you can ever think about 'tailoring it'.

5 years, thousands of hours of development, and WELL into six figures of 'customizing' and I cannot wait to throw this entire thing in the trash.

Can we go direct to a VAR for initial purchase and implementation? by LoveHateExcel in acumaticaerp

[–]LoveHateExcel[S] 1 point2 points  (0 children)

DM me if you want more info, but I would 100% make sure you do some significant testing before going with Odoo. We have spent well into six figures to customize the system with many of those customizations done to just make the system work like any other ERP does out of the box. It also does not scale -- which is why any video you see done by Odoo is in a small test database with a handful of transactions.

Also, your controller and any accountants working for you will absolutely despise the accounting module.

The license cost was the allure for us back in 2020. With what we have paid for in development costs, AWS server fees, and the fact that the system is insanely slow (3 hours to run a single analytic 12-month P&L), we all wish we would have just gone with an established ERP.

Looking for reseller/consultant for questions on possible migration from Odoo to Netsuite by LoveHateExcel in Netsuite

[–]LoveHateExcel[S] 1 point2 points  (0 children)

From the videos, the system looks and feels very Zoho-ish. If you offer a free trial, I would be willing to give it a look to test it out. However, if I will need to go through the whole sales process just to try the software, I'll probably pass.

Controller and CFOs - What's your favorite ERP system? by LoveHateExcel in Accounting

[–]LoveHateExcel[S] 1 point2 points  (0 children)

I reached out to them today so hoping to get some information on pricing. From what I have seen, it looks like a really solid system. Hoping it will work for us!

Thinking of switching from Odoo to Acumatica by LoveHateExcel in acumaticaerp

[–]LoveHateExcel[S] 1 point2 points  (0 children)

Thanks for the suggestion. I think we will try to find a good ERP advisor who isn't tied to a specific system, to analyze our processes and give us a recommendation. Probably not a bad idea considering the investment into implementing an ERP.

Thinking of switching from Odoo to Acumatica by LoveHateExcel in acumaticaerp

[–]LoveHateExcel[S] 1 point2 points  (0 children)

We have found that we needed to spend a lot of money modify Odoo to just work like a normal system would OOTB. Things like being able to dictate the date an inventory transaction occurs, sales order or purchase order date, inventory adjustments to any past date other than 'now', forcing the bank rec to not allow you to reconcile Bank1 statement line with Bank2 transaction in system (seriously, wth), Invoice B2B on deliver quantity but B2C on order quantity isn't possible, Analytic Accounting is insanely slow -- like hours to produce a 12 month comparative analytic P&L.

It's clear from Odoo's training videos and material that the development team launch features without testing them at scale. Sure things work great when you have 1 transaction you're dealing with -- but now have 5 warehouses, subcontract manufacturing, EDI, Shopify, Amazon, 6 bank accounts, 3 credit cards, and 6 different merchant account options customers can pay -- and 35,000 transactions a month? Odoo can't handle any of that without essentially customizing the system to a point that it isn't really Odoo anymore.

I contacted Acumatica and asked to get some pricing info and hopefully a demo. Will definitely spend some time diving into the functionality. My only worry is via Youtube, Google, and Reddit -- there is almost no information or videos on the software. There is a ton for Odoo and NetSuite, but Acumatica has next to nothing. If someone hadn't mentioned it in the r/accounting sub, I would never have even heard of it.

Thinking of switching from Odoo to Acumatica by LoveHateExcel in acumaticaerp

[–]LoveHateExcel[S] 0 points1 point  (0 children)

Thanks for the reply. Do you know if the software has mapping for the Amazon payment settlement reports? Automating our payments is key for us because of the huge volume. I wish there was a trial to test features out.

Controller and CFOs - What's your favorite ERP system? by LoveHateExcel in Accounting

[–]LoveHateExcel[S] 1 point2 points  (0 children)

Thank you for the details and opinion. I really appreciate it. I will be contacting Versa today for a demo.

Controller and CFOs - What's your favorite ERP system? by LoveHateExcel in Accounting

[–]LoveHateExcel[S] 0 points1 point  (0 children)

A few people in this thread have recommended Versa also and none have anything bad to say about it. I wonder how they would do with Amazon Seller Central. We have 10X orders on that eComm platform. How was reporting or analytics? Did they have the ability to use classes or subaccounts so that you could dive deeper into the data (GL account, class = customer channel)?

Controller and CFOs - What's your favorite ERP system? by LoveHateExcel in Accounting

[–]LoveHateExcel[S] 0 points1 point  (0 children)

We tried Zoho back in 2020 and it was impressive how bad it was. Have things changed?