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Freeware Accounting Software

Open Source Accounting Software- is Software Solution for you.?


I'm really like open source software, because Open Source is matter and have access appeals for me. It's a building block of the work I do with my clients. It's my "style" so naturally it's an integral part of the way I want to see the world.
For me, Open source software is very useful things for newbie entrepreneur, small businesses, and non profit client. Open Source is an alternative to high-priced software vendor such as QuickBook aAccounting, MyOB, Microsoft Office, Norton AntiVirus, and Adobe Program. While these are good products, they're expansive and likely to suck the user into an annual cycle of buying new version at increasingly higher costs.
And those costs increase not only in term of product purchase price, but in system conflicts, system bloat, learning curve due to functionally changes, sometimes even forcing the user to buy new equipment altogether just to "keep up". So, I was asked "What else can I do ?" Sometimes the answer is easy.
If you are user working ar home, Open Source Software is interested to try. I recommend OpenOffice (free office software) as a dependable and full-featured alternative to Microsoft Office Software. You should have to know that there are trade-offs. Totally, nothing is really free. Generally, Open source software doesn't have a technical support. Much of users like knowing that there's an 101 number way they can call when they have a question even thought is recomended that you check with the software company's web based support site before calling. The typically of Open Source Developers are create a forum as Media-support. The User can post comment and question in the forum. These forums and online support pages are really helpfull than critics give them credit for.

If you are looking for Open Source Software for your business accounting needs? I recommend you discuss with your accountant before using any of the accounting software available. There are more number of things that should be considered as you evaluate various accounting packages. Other considerations before purchasing accounting software are:
  • Is the accounting software you are considering able to handle your current data?
  • Will the accounting program grow with your business? Can you uppgrade or get additional components at a discounted rate?
Answering the following questions will help you identify what you need in an accounting application:
  1. What type of business do you have? for example; are you are consultant that work from a home office or have you formed a non-profit organization or are you retail store with several employees? Identifying the type and capacity of your business will help determine if you need inventory management capabilities or a specialized accounting packages for your industry.
  2. Do you manage inventory? Some accounting application don't have feature inventory management.
  3. How many employess do you have? Will you be outsourcing payroll or doing it in home? This determines wheather you need a full-featured payroll component in the software that you choose.
  4. Do you bid on jobs and submit estimates? If this is something you do then a feature that allows you convert estimates to invoices and allow for progress billing would be valuable.
  5. Who will do bookkeeping? If you do not have the skills, but don't have a bookkeeper you would want accounting software that is easy to use.

Some bussines owner are reluctant to choose Open Source Software because Open Source Software doesn't technical support, perhaps. Some of these software applications have fairly robust help section or access to online support materials to guide you throught the features and functions of the software, for example; User need are bookkeeping and accounting support, which the software company, regardless of which one you choose, doesn't offer.

Having opinion all of that, below are 3 most popular Open Source Accounting Software available. The descriptions of the software product are from the official company website.
  • GnuCash Financial Accounting Software (http://www.gnucash.org) - GnUCash is apersonal and small-business financial-accounting software, freely licensed under GNU/ GPL and available for GNU/ Linux, BSD, Solaris, Mac OS, and Microsoft Windows. Designed to be easy to use, yet powerful and flexible. GnUCash allows you to track bank accounts, stocks , income and expenses. As quick and intuitive to use as a checkbook register. It is based on proffesional accounting principles to ensure balanced books and accurate reports.
  • Grisbi Personal Acconting (http://www.grisbi.org) - Grisbi is a personal accounting application running under GNU/Linux and Windows, released under General Public Licence (GPL). Grisbi can manage multiple accounts, currencies and users. It manages third party, expenditure and receipt categories, as well budgetary lines, financial years, and others information that makes it quite adapted for association (except those that require double entry accounting).
  • OSAS Open Source Accounting Suite (http://www.osas.com) - OSAS is award -winning accounting software for Windows, Linux, UNIX, and Mac users. Churches, charities, and small corporations can use OASAS. The main features of this software-product include separation of duties, General Ledger Accounting, Cost Center Accounting, Budgeting, Donation, Accounting, and Reporting.

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