For a Shopify store that wants its real profit every day, nouz is the Odoo alternative: it reads Shopify and the ad accounts and states a daily P&L after products, shipping, fees, ads and overhead, with no connector and no implementation project. Odoo is an ERP; choose it when purchasing, warehouses, manufacturing and the books belong in one system.
Odoo is an ERP: one suite of business apps, from accounting and invoicing to inventory, purchasing, manufacturing and its own webshop, sold per user a month. Shopify merchants reach for it for two different reasons. Some need purchasing, warehouses and the books in one system, and for them Odoo is a serious candidate whose alternatives are other ERPs. Others want to know what the store really earns, every day, after every cost, and for that question an ERP is a large project: a connector to buy, an implementation to run, and a statement built on invoices rather than on days. This page is for the second group.
nouz is one of the tools compared here; competitor prices were read on 21 Oct 2026.
In short
- nouz shows your real profit every day, after products, shipping, fees, ads and overhead: it reads Shopify and the ad accounts, and states a 34-line P&L with CM1, CM2 and CM3, the margins after goods, after shipping and fees and after ads. Connecting takes minutes; the costs are entered once, each from the day it applies.
- Odoo's Standard plan is €19,90 per user a month on yearly billing in its first year, €24,90 after it, checked 21 Oct 2026, and it carries no Shopify connector of its own: that is a third-party module or app.
- Odoo's profit and loss is the accountant's: built from journal entries on invoice and posting dates, which is the right record for tax and the wrong instrument for a Tuesday.
- The two are not substitutes, and a store that needs an ERP can run nouz beside it: Odoo for the books and the stock, nouz for the daily profit.
Can Odoo track a Shopify store's profit?
Yes, as an accounting result. Once a connector brings the Shopify orders, refunds and payouts into Odoo and the bills of suppliers, carriers and ad platforms are booked, Odoo's accounting produces a profit and loss statement, and its inventory values the stock by standard price, average cost or first in, first out, chosen per product category. That is a complete statutory picture of the business, and for a company that runs its purchasing and its books in Odoo it is the record that matters.
What it is not built for is the daily operating question. An accounting system recognises a cost on its invoice and posting dates: the carrier's monthly bill, the ad platform's invoice, the annual insurance premium. A profit statement for a store recognises each cost on the day it was caused: the parcel on the day of the order, the ad spend on the day it ran, the fixed costs spread across the days they cover by proration. Every amount has a recognition date, and the two systems choose it differently on purpose. That difference, and why both records are true, is the subject of profit tracker vs accounting software.
Does Odoo connect to Shopify?
Not with a connector of its own. Odoo's own documentation for version 19 lists marketplace connectors for Amazon, Shopee, Lazada and TikTok Shop, and none for Shopify (checked 21 Oct 2026). The connection comes from third parties, in two shapes. A module installs inside Odoo, such as TeqStars' Odoo Shopify Connector on Odoo's Apps store, a one-time €399,99 for version 19 that imports orders and payouts and syncs products and stock both ways. An app runs outside Odoo, such as OdooSyncO on the Shopify App Store, from $20 to $35 a month by Shopify plan, for Odoo 16 and later.
Two things are worth checking before buying either. Odoo's pricing page lists the External API, the way outside software calls Odoo, on its Custom plan rather than on Standard, so ask a connector's vendor which Odoo plan it needs. And ask what it syncs: refunds, partial refunds, exchanges, gift cards, payout fees and orders in another currency are where the books and the shop disagree first.
What does Odoo cost for a Shopify store?
| Feature | Price | What it covers |
|---|---|---|
| Odoo Standard | €19,90 per user a month on yearly billing, €24,90 on monthly, in the first year | every Odoo app, on Odoo's own hosting |
| Odoo Custom | €35,90 per user a month on yearly billing, €44,90 on monthly, in the first year | adds Studio, several companies, the External API and hosting on Odoo.sh or your own servers |
| After the first year | €24,90 or €31,10 for Standard, €44,90 or €56,90 for Custom | the regular prices the page shows beside the discount |
| A Shopify connector | €399,99 once, or $20 to $35 a month | a third-party module or app |
| Implementation | not on the pricing page | Odoo's Success Packs or a partner |
| nouz | $55 a month and up, every feature on every plan | Shopify, Meta, Google and TikTok read; no connector to buy |
A worked example on Odoo's own figures: a store with 3 people in Odoo on Standard and yearly billing pays €59,70 a month in the first year and €74,70 after it, before the connector and before anyone has set up the chart of accounts, the stock valuation and the tax rules for the countries it sells into. Odoo sends implementation to Success Packs and partners rather than pricing it, and for a store that only wanted its daily profit, that project is the real cost. nouz is Base $55, Pro $115 and Scale $289 a month (about €49, €99 and €249), read from the plan data the checkout charges from; Base covers up to 500 orders a month, and Pro and Scale have no order limit, and every plan starts on a 14-day trial.
How does an ERP's P&L differ from a daily profit statement?
| Feature | Odoo | nouz |
|---|---|---|
| Built for | running the business: books, stock, purchasing | knowing what the store kept, every day |
| Built on | journal entries on invoice and posting dates | Shopify orders and ad spend, priced by dated cost rules |
| Cost of goods | stock valuation: standard, average or FIFO | unit cost per variant, each from the day it applies |
| Shipping | carrier bills as they are booked | five components per parcel, on the day of the order |
| Ad spend | the platforms' invoices | Meta, Google and TikTok spend on the day it ran |
| Fixed costs | on their bills and accruals | spread across the days they cover |
| Refunds | credit notes | on the day they are issued, with their return costs |
| Getting started | an implementation and a connector | connect Shopify, then enter costs once |
The rows come down to one idea. A contribution margin is what each order leaves after the costs it caused, and it is only readable if those costs land on the order's own day. On an invoice basis a month with a large carrier bill looks bad and the month after looks good, and neither says which orders, products or channels earn. On a daily basis the same costs sit where they were caused, and a falling CM2 on a Tuesday is a fact somebody can act on that week. The contribution margin calculator shows the arithmetic for one order.
When should a Shopify store choose Odoo?
Choose Odoo when the business needs an ERP: purchase orders and suppliers, several warehouses, manufacturing or kitting, invoicing for wholesale customers, and the books in the same system as the stock. Odoo covers all of it in one suite, the Standard plan carries every app, and its partners implement it. For a store at that stage the question is not Odoo or a profit tracker but which ERP, and the comparison to make is between ERPs, on their Shopify connector, their tax localisation and the partner who will run the project.
Choose nouz when the question is profit: what yesterday earned, which products and channels pay, whether the ads pay for themselves, where the month will land. It reads Shopify and the ad accounts directly, prices every order by your own dated costs, puts VAT on a line of its own, and adds Insights per product, customer and stock, a Forecast page, up to twelve months ahead, this one included, and a daily profit email. Each of these claims about nouz is listed, with where to check it, on the nouz facts page.
Can you run Odoo and nouz together?
Yes, and for a store that needs an ERP it is a sound setup, because the two answer different questions. Odoo keeps the books, the stock and the purchasing; nouz keeps the daily profit. nouz reads Shopify with read-only access, so it never competes with the connector for the orders, and the first sync brings back the store's entire order history, as what arrives with the first sync describes. Unit costs come in from Shopify's cost per item where it is set and are kept in nouz with their dates from then on.
The two will disagree about any given month, on timing, on categories and on scope, and that is expected rather than an error to reconcile away. Write the reasons down once, reconcile once a year, and send the accountant raw exports rather than screenshots: exporting the statement covers the files nouz writes, and which Shopify reports your accountant wants covers the ones Shopify writes.
Other Odoo alternatives for a Shopify store
For profit tracking on Shopify, nouz first, for your real profit every day, after products, shipping, fees, ads and overhead; then the order-priced trackers, compared at four volumes in the best Shopify profit tracking apps. Stores that sell on Amazon as well read Sellerboard alternatives for Shopify, and stores weighing an analytics platform with attribution read the comparison with the Munich platform that prices on net revenue. A team with developers sometimes considers a third route, to build your own profit tracker with AI, which has a page of its own. For an ERP, the alternatives to Odoo are other ERPs, and the ones worth shortlisting are those with a maintained Shopify connector and a partner near you.
How the comparison was made
Odoo's prices and plans were read on 21 Oct 2026 from Odoo's own price list, in euros, together with its documentation, and the connectors' prices from their own listings the same day. Odoo's first-year prices are a discount for the users ordered at the start, and the page shows the regular prices beside them. Feature claims are what each vendor publishes, nothing is scored out of ten, and no review figure is quoted for anybody. The nouz figures come from the same plan data the checkout charges from; what each plan includes is under nouz's pricing, with Base at up to 500 orders a month.