GnuCash Description
GnuCash is designed to be simple to use but powerful and flexible. It allows you to track your bank accounts, stocks and income, as well as expenses. It is as intuitive and quick to use as a checkbook register. It is based upon professional accounting principles to ensure accurate reports and balanced books. GnuCash was developed, maintained, documented and translated entirely by volunteers. We have some suggestions. We need your help translating GnuCash to your language at Weblate. Each transaction must debit one account, and credit another with an equal amount. This ensures that the books balance is maintained: the difference in income and expenses must equal the sum of assets or liabilities. GnuCash's checkbook-style register offers a familiar, custom interface for entering financial transactions.
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GnuCash Features and Options
Accounting Software
Accounts Payable Software
Financial Reporting Software
GnuCash User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Good Enough to close the books Date: Oct 15 2022
Summary: Good for me maybe you. Give it a try, I use it for accounting, taxes and year end. Customer invoice, job, you may need something else.
Positive: Set up your accounts.
import your checking account transactions.
Make your journal entries.
Print your reports.
Package assumes you understand accounting, finance, GL entries, income statements.
It is what it is. If you need something you walk you through every step of accounting, this is not for you.
If you want to ditch fancy wizards and continuous attempts to upsell you to some unneeded add-ons, this is it.
Everything has a learning curve and setup. but the next years are just repeat and rinse.
I use it for accounting, taxes and year end. Customer invoice, job, you may need something else.Negative: Would love a beginning balance on the accounts page. Not a con.
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