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

NASA Space App Challenger Runs Yocto on an Intel Edison-Based Nanosat

NASA has long had an interest in Linux and other open source technologies, and has used Linux in a variety of systems, including the R2 humanoid robot now at work at the International Space Station. With its International NASA Space App Challenge, the space agency is tapping into the maker gestalt to come up with new ideas, as well as inspire future space engineers. In this year's two-day Space App Challenge hackathon, which ran April 10-11 in 133 cities around the world, NASA greeted participants with over 25 challenges split into Earth, Outer Space, Humans, and Robotics categories. Read more

How to Find the Best Open Source Project to Work On

In my last article for Linux.com, I explored a few ways newcomers to open source projects can get started. While there are many resources to explore open source project communities, choosing which project to contribute to can still be a quite daunting task. You could go searching in the more than 23 million repositories on GitHub, the world’s largest source code hosting platform. But there are better ways. This article is meant to be a short guide to help novice open source practitioners more easily identify the first project they’d like to contribute to. Read more

Dell Is Telling Customers to Try a New OS, Ubuntu

Dell has been moving a lot of interesting moves lately and it's focusing on the Linux side of the business, which can only be a good thing for the open source platform. Read more

Linux 4.1 Kernel Benchmarks With An Intel Core i7 IVB System

Yesterday I ran some fresh tests of Intel Ivy Bridge on the latest Mesa Git code to see if the performance has changed much recently for the slightly-older generation of Intel HD Graphics. Today I've done some similar tests in kernel-space with the Linux 4.1 kernel. I ran benchmarks from the same Core i7 3770K system while testing the vanilla Linux 3.19, 4.0, and 4.1 Git kernels and running various graphics tests to see if there's been any recent i915 DRM kernel changes affecting the Ivy Bridge graphics performance. Read more