Whether you are looking for personal or small business accounting software, you will find a number of powerful and easy –to-use open source software packages to fit your needs. Two of the most popular are GnuCash and TurboCash. Both are highly acclaimed and have a large user-base. Both are free to download.
GnuCash
GnuCash is the most versatile of the two because of its compatibility with major operating systems, like Mac, Windows, Linus, Solaris, and BSD operating systems. Some of its many features include:
- Imports and integrates QIF/OFX/HBCI file
- Customizable Reports and Graphs
- Double Entry and Small-Business Accounting
The checkbook register not only accommodates checking and credit card transactions, but stock, income, and currency transactions. The statement reconciliation feature allows users to easily reconcile with multiple banks and accounts.
Finally, the online tutorial and user manual allow even novice users to be up and running quickly.
TurboCASH
Equally as powerful is the open source TurboCash accounting software. However, it is only compatible with Windows and Linux operating systems. Some of its unique features include:
- Setup wizards
- Multi-lingual capability
- Invoice design
TurboCash has a tremendous capacity. For instance it accommodates 10 bank accounts, hundreds of sets of books, 12,000 accounts and 24,000 sub accounts. In addition to capacity, TurboCash has a wide variety of comprehensive and customizable reports including cash flow, trial balance, stock analysis, balance sheet and income statements.
GnuCash and Turbo Cash are just two of a wide array of open source accounting software available for free download. It is always wise to explore a number of options before making a final decision on software of any kind. Accounting software is no different. Take the time to explore the software’s tutorial before making your final decision.