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

Photoshop competitor Krita is a true creative tool -- and it's free and open source

Open source has some of the greatest tools, which continues to prove that you don't have to lock-down the code behind guarded walls to make a better product. Some popular open source products that don't have any match in the closed source world include Firefox, Chromium, VLC, Blender, Android, one gem that is, surprisingly, less known but extremely powerful when it comes to creating a work of art. Read more

First peek at the next Ubuntu 15.04 nester line-up

Ubuntu 15.04 is here – almost. The first beta of Vivid Vervet has been delivered, and with it have come images of the penguin flock that nestles on this OS. I looked at Xubuntu, Kubuntu, Ubuntu GNOME and Ubuntu MATE but there’s also Lubuntu and the China-centric Ubuntu Kylin, which I didn’t test. These are beta releases and should be considered for testing purposes only, but the advantage of these early versions is that features have been frozen and you can get an early glimpse of what's coming for each of the popular flavours in the 15.04 foundation. From this point on, the only changes will be bug fixes. Read more

Review: Simplicity Linux 15.4 alpha

Overall I give it 2 Thumbs Up on speed and layout of OS. If you have a computer with low resources, then this is an OS for you to try. Read more

Eurostat continues to share and use open source

Eurostat, the statistical office of the European Communities, continues to release as open source its ICT solutions. To date, Eurostat has shared 102 solutions on the European Commission’s Joinup platform. The statistical office has been using and sharing open source for more than a decade. Already in 2004 Eurostat’s ICT policy stipulated to consider open source software for all new projects. Read more