Language Selection

English French German Italian Portuguese Spanish

Open Source Accounting Options

Filed under
OSS

How much does accounting software cost your firm every year? How much does it cost your clients? How much does the cost increase if you add in software for spreadsheets, reporting, online banking and bill pay, and other common accounting related tasks? Is it worth it? What if there was another way?

A new wave of freely available open source business applications is already being adopted by a significant number of small and mid-sized businesses. Among the open source applications turning up on small business desktops are word processing and spreadsheet applications like OpenOffice and accounting applications like GnuCash and Grisbi.

OpenOffice is the open source alternative to Microsoft's Office and Corel's WordPerfect Office. Like these competitors, OpenOffice offers users a word processor, spreadsheet, presentation manager and drawing interface all in one package.

Beyond the spreadsheet level, Grisbi is the open source answer for basic accounting needs. Despite the "basic" label, Grisbi supports multiple currencies, users, and accounts as well as account reconciling, import/export of QIF files and reports.

GnuCash is probably the best known of open source accounting software. It is based on professional accounting principles and allows for double-entry accounting.

Whether open source applications like these are a better deal for small businesses than their name brand competitors remains to be seen. They are, however, a viable alternative for many businesses and individuals, that deserve to be considered when upgrading or purchasing accounting software.

Full Article.

More in Tux Machines

Leftovers: Gaming

Leftovers: KDE

  • LUKS support in KDE Partition Manager
  • Kate 16.04 on Windows (64bit)
  • The future of KApiDox
    I’ve been working hard to enhance KApiDox. I’d like to come back on what it is for, what I did and what I see for its future.
  • Danbooru Client 0.6.0 released
    It offers a convenient, KF5 and Qt5-based GUI coupled with a QML image view to browse, view, and download images hosted in two of the most famous Danbooru boards (konachan.com and yande.re).
  • A KMail Breakthrough.
    This tells the story of how I finally managed a successful transfer of email data from KMail version 1.13.6 to version 4.11.5. It is a non-technical essay exploring the obstacles I encountered, my options, and the methods I used to achieve my aim. It was written partly to give the information, but also with the hope that readers will both enjoy and be amused by the story of the "battle of KMail" that was ultimately won against "incredible odds". Links to the earlier articles discussing problems with KMail 4x are given at the end.
  • [GSoC] Kdev-Embedded, Debugging and programming embedded systems
    The actual embedded system word depends on closed-source IDEs and libraries, with high monetary value and deprecated functionalities. Programmers that would like to use ARM based boards without paying for an IDE will have problems setting up such development ambient and synchronized toolkits. The main idea of this project is to provide a plugin integrated with KDevelop to help the debugging and programming process of embedded systems like AVR, ARM and x86 based boards.

Red Hat and Fedora

Leftovers: Ubuntu