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

Linux Foundation and Linux

openSUSE Tumbleweed Users Get Git 2.11, Xfce 4.12.3, FFmpeg 3.2.1 & Mesa 13.0.2

openSUSE's Douglas DeMaio reports on the latest Open Source and GNU/Linux technologies that landed in the repositories of the openSUSE Tumbleweed rolling operating system. Read more

What Is A VPN Connection? Why To Use VPN?

We all have heard about VPN sometime. Most of us normal users of internet use it. To bypass the region based restrictions of services like Netflix or Youtube ( Yes, youtube has geo- restrictions too). In fact, VPN is actually mostly used for this purpose only. ​ Read
more

The Libreboot C201 from Minifree is really really really ridiculously open source

Open source laptops – ones not running any commercial software whatsoever – have been the holy grail for free software fans for years. Now, with the introduction of libreboot, a truly open source boot firmware, the dream is close to fruition. The $730 laptop is a bog standard piece of hardware but it contains only open source software. The OS, Debian, is completely open source and to avoid closed software the company has added an Atheros Wi-Fi dongle with open source drivers rather than use the built-in Wi-Fi chip. Read more