GNUCash: Free Open Source Accounting Software for SMB

GNUCash is a free financial accounting software that can be used to track bank accounts, track stocks, income and expenses. GNUCash is developed based on the professional accounting principles to produce an accurate balance sheet and reports. GNUCash is an open source free accounting software, and can runs on multiple operating systems including GNU/Linux, BSD, Solaris, MAC OS X and Windows.

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Here are some of the features of this Free Financial Accounting Software:

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• GNUCash supports double entry accounting with capabilities similar to Quicken application
• GNUCash is a free accounting software is suitable for personal and small business accounting
• GNUCash can operate complex accounting tasks
• Users can setup a wide range of account including cash account, bank account, credit cards, mutual funds, stocks, account payable, and account receivable
• You can easily create a backup of your file
• You can setup customized reports
• This free accounting software runs on multiple operating systems including Linux, Open BSD, FreeBSD, Solaris, MAC OSX, and Unix
• There is a built in Microsoft Windows port
• This free accounting software is written in C language with a small portion in Scheme
• You can import files in OFX, and QIF format
• GNUCash uses Home Banking Computer Interface (HBCI)
• GNUCash supports multiple currencies, transaction-import matching, and limited multi-user SQL
• GNUCash supports a variety of SQL database including SQLite3, MySQL or PostgreSQL
• With this free accounting software, you can view the stock and mutual fund quotes online

GNUCash is a free small business accounting software that is licensed under the GNU General Public License. GNUCash is really easy to use, and small and medium businesses can save some money by using this free open source accounting software.

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