Open Source Invoice Software
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GnuCash is a personal and small business finance application. Its designed to be easy to use, yet powerful and flexible. GnuCash allows you to track your income and expenses, reconcile bank accounts, monitor stock portfolios and manage your small business finances. It is based on professional accounting principles to ensure balanced books and accurate reports.
GnuCash runs on the following operating systems: Windows, Mac OS X, GNU/Linux, *BSD and Solaris. GnuCash has been translated into 21 languages and it handles multiple currency exchanges.
GnuCash works with double-entry accounting, which is perfect for small businesses but introduces a new concept to many Personal Finance Software users. The documentation and user guide are easy too understand, and complete knowledge of double-entry accounting is not required. To get an idea of how GnuCash works, download the GnuCash User Guide.
GnuCash is worth a try as a personal finance software, but many home users will be confused about installing the software. For example, the GnuCash download page includes unstable testing versions as well as the stable version (you want the stable version). Windows, Linux and other set up file downloads are specified with icons, so be sure to choose the correct download for your Operating System.
Many small businesses do well with GnuCash, but should consult an accountant to ensure reporting requirements are met.
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Filed under: Business Planning
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