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

KDevelop 5.0.0 release

Almost two years after the release of KDevelop 4.7, we are happy to announce the immediate availability of KDevelop 5.0. KDevelop is an integrated development environment focusing on support of the C++, Python, PHP and JavaScript/QML programming languages. Many important changes and refactorings were done for version 5.0, ensuring that KDevelop remains maintainable and easy to extend and improve over the next years. Highlights include much improved new C/C++ language support, as well as polishing for Python, PHP and QML/JS. Read more

CoreOS 1068.10.0 Released with Many systemd Fixes, Still Using Linux Kernel 4.6

Today, August 23, 2016, the development team behind the CoreOS security-oriented GNU/Linux operating system have released the CoreOS 1068.10.0 stable update, along with new ISO images for all supported platforms. Read more

SUSE Linux and openSUSE Leap to Offer Better Support for ARM Systems Using EFI

The YaST development team at openSUSE and SUSE is reporting on the latest improvements that should be available in the upcoming openSUSE Leap 42.2 and SUSE Linux Enterprise 12 Service Pack 2 operating systems. Read more

Create modular server-side Java apps direct from mvn modules with diet4j instead of an app server

In the latest release, the diet4j module framework for Java has learned to run modular Java apps using the Apache jsvc daemon (best known from running Tomcat on many Linux distros). If org.example.mydaemon is your top Maven project, all you do is specify it as the root module for your jsvc invocation, and diet4j figures out the dependencies when jsvc starts. An example systemd.service file is available.