Open source software (OSS) has become a serious alternative to commercial accounting software. Nowadays, it is possible to find an OSS accounting solution that can satisfy the requirements of any type of company or organization, including small and medium enterprises (SMEs). In this article, we have listed ten best accounting systems that operate 100% on Linux and other types of open source operating systems.
Do you have your own business? Do you need software to manage the raw data? Here is a consideration of the ten best open source accounting software in the world. Whether you’re just starting out or have years of experience behind you, each of these programs offers numerous functions to make things easier for you.
- Personal finances manager
- Tailored for Plasma Desktop but compatible with others too
- Cross-platform (Windows, Linux, and macOS)
Skrooge is one of the most useful personal finances manager by KDE. It is originally tailored for the Plasma Desktop but other desktop environments are compatible.
Supports most of the basic features (reporting, budgeting, etc.) and allows you to work on some pretty big data sets.
This open-source finance and ERP solution has quite a modern interface developed in PHP with cross-platform support. It is a web-based solution, thus, we just need a browser to operate all its features.
One can use it for accounting purpose such as Bank account management, Address book,
Foundation-members management, Payments management, Multi-currency, Bill and Payments, Invoices, Double-book entry, and Donation management. Besides all this, if you want to use it for enterprise then this not deplore in that area too. It has a wide range of other features such as Sales Management, Purchase Management, Stock Management, Shipping Management, Point of sale, Electronic document management, Project Management, Surveys, and more…
Furthermore, we can install plugins on it to extend features.
ADempiere ERP Business Suite
ADempiere release in 2006 and since then it keeps marinating by its community to make sure it remains an open-source Enterprise Resource Planning or ERP software package. The name of it has taken from the Italian language which means to accomplish. Adempiere inherited from another open-source project called Compiere.
It can run from multiple devices: PC, Tablet, and Smartphone. It can help in the following field Enterprise Resource Planning (ERP), SCM, CRM, Financial Performance Analysis, Integrated Point of sale (POS) solution, and more.
ADempiere supports Linux, OS X, Unix, Windows operating systems, and Apache Tomcat, JBoss, PostgreSQL, Oracle Database platforms.
Furthermore, you can also go for another Adempiere fork project called metasfresh (link). It has a good interface and provides the same features as ADempiere.
- Online accounting software
- Completely free and open source
- Client portal
- Expense tracking
Akaunting is an interesting online accounting software that’s available for free. Yes, surprisingly, there’s no hidden subscription charges or additional upgrade options. It is totally free. If you are looking for a FreshBooks alternative, you should give it a try.
Ranging from invoicing to managing deposits and transfers. A whole lot of features. You can either utilize their hosting (again, it is free!) or host it yourself. It’s fit for both personal and enterprise needs. Try it out!
Compiere is also an open-source enterprise ERP and CRM solution for small to medium-size enterprises to manage finance, distribution, retail, service, and manufacturing. The software has been available in two versions: the free Comunity Edition and the Enterprise Edition with extra features, Web-based Architecture and UI, and tools to carry out sophisticated tasks.
It supports Postgres Plus Advanced Server, Oracle XE, Oracle Standard Editions, and Oracle Enterprise Edition Databases.
- Cross-platform (Linux, Windows, and macOS)
- Fit for personal and small businesses
GNUCash is a great open-source financial accounting software to manage stocks/income/expenses for small business or individuals.
From reports to quick calculation features, it has a lot to offer. And, the best thing is – it is available across multiple platforms (including Linux), so that’s a plus.
With the name of this software, one can find out for whom this is meant. LedgerSMB is SQL database based accounting and ERP software that comes with an open-source license. To use it on any PC or device it offers a standard web user interface to be used in any available mainstream browser.
It is written in Perl and uses client-server application architecture, intending to target small to mid-size business this free and open source accounting software comes with features such as a full general ledger, accounts receivable & payable, financial reports: Income statement (Profit & Loss report), Balance sheet, Trial balance. Also, it has invoicing capabilities (mailing, printing), inventory tracking, and more…
Apart from Linux, it is also available as a Docker image.
Another personal or small office free accounting software with a nice list of features and interactive GTK+ based interface.
It supports file formats that include QIF, OFX, QFX, and CSV; Dynamic reports, Bank, Cash, Asset, Credit card, Liability, management; Budget management, Scheduled transactions, Beautiful charts, and more.
Apart from these free and open-source accounting tools for personal finance management one can also try some other free software such as Tryton, Flowlog, KMyMoney. However, I am sure the above-given software will full your accounting needs to some extent.
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- Simple and functional
KMyMoney happens to be yet another free and open-source software managed by KDE. You can easily utilize this for managing accounts, transactions, ledgers, and a lot more.
It offers a simple user interface but gets the job done. As you can see in the screenshot above, it appears to be a full-fledged (if almost) solution. You can get it installed from the software center – however, you can also choose to install it from git if you want the latest version.
Open source software has become increasingly popular. More and more people are attracted to it. We’ve put together a list of the top 10 open source accounting software programs to help you choose the right one for your business.