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

SUSE Linux Enterprise High Availability Extension

Historically, data replication has been available only piecemeal through proprietary vendors. In a quest to remediate history, SUSE and partner LINBIT announced a solution that promises to change the economics of data replication. The two companies' collaborative effort is the headliner in the updated SUSE Linux Enterprise High Availability Extension, which now includes LINBIT's integrated geo-clustering technology. Read more

Tizen and Android

Open source is mission critical for Europe’s air traffic

It is entirely possible to use open source in a highly regulated environment such as air traffic control, says Dr Gerolf Ziegenhain, Head of Linux Competence & Service Centre (LCSC) in Mainz (Germany). Open source service providers can shield an organisation from the wide variety of development processes in the open source community. Read more

today's leftovers

  • DRM display resource leasing (kernel side)
    So, you've got a fine head-mounted display and want to explore the delights of virtual reality. Right now, on Linux, that means getting the window system to cooperate because the window system is the DRM master and holds sole access to all display resources. So, you plug in your device, play with RandR to get it displaying bits from the window system and then carefully configure your VR application to use the whole monitor area and hope that the desktop will actually grant you the boon of page flipping so that you will get reasonable performance and maybe not even experience tearing. Results so far have been mixed, and depend on a lot of pieces working in ways that aren't exactly how they were designed to work.
  • GUADEC accommodation
    At this year’s GUADEC in Manchester we have rooms available for you right at the venue in lovely modern student townhouses. As I write this there are still some available to book along with your registration. In a couple of days we have to a final numbers to the University for how many rooms we want, so it would help us out if all the folk who want a room there could register and book one now if you haven’t already done so! We’ll have some available for later booking but we have to pay up front for them now so we can’t reserve too many.
  • Kickstarter for Niryo One, open source 6-axis 3D printed robotic arm, doubles campaign goal
    A Kickstarter campaign for the Niryo One, an open source 3D printed 6-axis robotic arm, has more than doubled its €20,000 target after just a couple of days. The 3D printed robot is powered by Arduino, Raspberry Pi, and Robot Operating System.
  • Linux Action Show to End Eleven Year Run at LFNW
    Jupiter Broadcasting’s long-running podcast, Linux Action Show, will soon be signing off the air…er, fiber cable, for the last time. The show first streamed on June 10, 2006 and was hosted by “Linux Tycoon” Bryan Lunduke and Jupiter Broadcasting founder Chris Fisher. Lunduke left the show in 2012, replaced by Matt Hartley, who served as co-host for about three years. The show is currently hosted by Fisher and Noah Chelliah, president of Altispeed, an open source technology company located in Grand Forks, North Dakota.