GnuCash is an open source graphical application that provides users with a collection of financial tools, supporting basic accounting needs for individuals and families alike, starting with an easy-to-use checkbook-register-style layout.
Features at a glance
The application supports things like bank statement reconciliation, stock and fund portfolios. Designed to be easy to use by beginners, yet powerful and flexible enough for experienced users, GnuCash allows them to track bank accounts, daily or monthly expenses, stocks, and income.
Its key highlights include double entry accounting, checkbook-style register, scheduled transactions, statement reconciliation, graphs, reports, support for specific income or expense account types, support for multiple currencies, as well as mutual and stock fund portfolios.
Among some other features, we can mention mortgage and loan repayment druid, transaction finder, support for printing checks, HBCI support, transaction matching, loan and mortgage repayment assistant, multi-currency transaction handling, and a comprehensive user manual and help.
It also comes with various features for small business accounting, including the ability to track vendors and customers, create invoicing and pay bills, manage payrolls for employees, and plan a financial strategy.
Supports MySQL, PostgreSQL and SQLite databases
Experimental support for the MySQL, PostgreSQL and SQLite database engines/servers is also included in the application, allowing users to safely store financial data. In addition, it can import QIF files generated by the Intuit Quicken application, as well as OFX (Open Financial Exchange) files used in many financial services and banks.
It is a cross-platform application that has been successfully tested under the GNU/Linux, Android, BSD, Solaris, Microsoft Windows and Mac OS X operating systems. Both 32-bit and 64-bit hardware platforms are supported at this time.
Bottom line
Overall, it is one of the best free accounting software, especially for the Open Source community and the GNU/Linux ecosystem. On Windows or Mac, users who want a more complex application can purchase one from our dedicated sections.
