Track your finance using GNUCash

GNUCash-screenshot Managing personal accounts, business accounts, financial expenses has been a big challenge and there is not much Money Management softwares available for free to do the job. GNUCash can definitely be one’s personal accounting software and can also be consider as best alternative other commercial accounting softwares for simple and basic usage. The software has facilities to handle business accounts  and has got wizard to customize everything to handle everything.

gnucash-ui

GNUCash GNUCash is an opensource application and has got a nice and simple user interface to use with options for graphs and calculators. GNUCash application is available for different platforms like Windows and Linux and Mac OS X and is really handy. GNUCash has option to import files from other popular accounting programs and file formats like OFX (Open Financial Exchange) and QIF (Quicken)  file formats. GNUCash is completely supported by opensource community though it has got bugs here and there and one can find lot of tutorials online to support and use the software.

GNUCash-account

Some special features of these software are

  • Support for International currencies.
  • Double Entry feature like commercial tools Microsoft Money, Quicken etc.
  • Customized reports, such as Balance Sheet, Profit & Loss, Portfolio Valuation.
  • Track stocks individually (one per account) or in portfolio of accounts.
  • Options to import QIF and OFX format and has got support HBCI protocol (German Home Banking Computer Information protocol).
  • Cheque printing – Checks may be printed in standard formats on common check stocks. A customization GUI allows custom check layouts to be developed.

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