Open source small business finance software

For Vendors Write a Review. Accounting software is essential for tracking your business finances, but expensive software can drain your finances. Here are six options that cost you nothing. This article looks at six highly rated free accounting software options. See the full list of free accounting solutions here. Looking for Accounting software? Check out Capterra's list of the best Accounting software solutions. Tags: accounting accounting software accounting software for free free accounting software free accounting tools open source accounting software.

About the Author. Rachel db. Thanks, -Evan. Comment Guidelines: All comments are moderated before publication and must meet our guidelines. Comments must be substantive, professional, and avoid self promotion. Moderators use discretion when approving comments. Your privacy is important to us. Check out our Privacy Policy. YES NO. Follow Us. Related Reading. GnuCash gets consistently good reviews for being easy to use. The user interface is straightforward, clearly designed for function over form.

GnuCash is a solid option for small businesses using double-entry accounting. The program offers a number of highly praised features, including foreign currency rates and a range of reporting features. GnuCash is an open source project, not a stand-alone business.

Cost to upgrade: None; GnuCash is totally free, though if you really like it you can make a donation. Most suitable for: GnuCash is popular among small- to midsize-business owners working in financial services and among nonprofits. GnuCash is available on Windows, Linux, and Mac. Mobile apps: Android.

Users love that Manager is free without stripping out any features, offering everything from aged receivables to project-based accounting. SlickPie has some nice time-tracking options that work well for freelancers and service providers. The software also offers some good sales tax management tools to help retailers keep everything up-to-date. Sending invoices to 10 companies per month might be a limit you never hit, or a limit you hit right out of the gate.

That all depends on your business type. SlickPie does not have dedicated apps, but is designed to be mobile responsive, meaning it should work in the browser on your smartphone or tablet of choice.

Most suitable for: SlickPie has a high number of reviews from small-business owners in the IT and web service fields. After Billy was acquired by Lendio, the program was limited to use in North America. Mobile apps: iOS , Android.

The software is very attractive. Wave also lacks an audit trail , which leaves it vulnerable to fraudulent employees. Cost to upgrade: Payments are 2. Most suitable for: Wave is mostly used by small-business owners and leaders at all types of businesses, from marketing and advertising to IT, tech, real estate, retail, and design.

Mobile apps: Android , iOS. Users agree that ZipBooks is very simple and user-friendly, even for those without an accounting background. A powerful yet simple open source accounting solution. It has been tailored to small and medium sized businesses.

Starting from managing invoices to inventory — you also get the ability to translate up to 45 languages supported. You can try pre-release version or just get the latest stable build to test it out yourself! We already covered an article on GNUKhata , if you want to dive into the details. However, it is simple and robust accounting software that is available for free.

From the looks of it, the setup is easy and anyone can get used to it. Feel free to try it out and explore. 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.

If you might have read about the best open source CRM software , you could have noticed the suite of open-source web apps offered by Odoo. Fortunately, they also offer something for accounting. If you do not mind paying for accounting software maybe for your enterprise while having an open-source solution, this can be your choice.

Try it out or check out their GitHub page to learn more about their suite of apps available. HomeBank may not be a popular choice — however, if you want just another alternative to take a look at, HomeBank is a decent tool.

Just like some others, you can also find it in the software center. However, if you want the latest version installed, you can follow the official download instructions for Ubuntu by adding a PPA. The ability to link to other software and users, as well as the customization features, make OpenBoxes a good tool to have for your business. Open-source inventory management software is a great solution for businesses on a budget that want to customize their system to their exact needs and specifications.

But while customization is an important element of open-source inventory tools, we also acknowledge that not every business owner has the time, resources, and know-how needed to custom code their inventory software. If your business is more budget-conscious, free options like Odoo and PartKeepr can be great inventory management solutions—especially for rapidly growing businesses and manufacturers—and lets you test open-source software with no financial risk.

OpenBoxes is great for resource management and Snipe-IT 's security levels ensure your assets are secure. Overall though, we think the Almyta Control System is a great pick for most small businesses since it offers the most features out of the box. For even more budget-friendly inventory management solutions, check out our top picks for free inventory management software. Open-source inventory software allows you to get into the code of your software and customize it to your preferences.

That means you can add any and all features you need to get your stock management dialed in where you want it. That means the learning curve to use open-source inventory solutions is usually shorter—fewer menus and features to navigate through.

You can also customize open-source inventory platforms to integrate with any other business services you use. So if you want your system to sync up with your point-of-sale POS system, your accounting service, and all your various sales channels, you can write custom code to make it happen.

Open-source inventory management software is meant to be customized, but that customization requires a knowledge of coding. While some ERP solutions like Odoo certainly provide open-source software while catering to big businesses, they may prove more time-consuming and expensive than an out-of-the-box ERP option.

But for some businesses, the best free options are often open-source solutions like Odoo and PartKeepr. Check out our complete guide to free inventory management software to see how open-source software compares to other free options. Do you have Microsoft Office on your PC? If so, the simplest and most cost-effective inventory management solution may be a simple Microsoft Excel document. To learn more, take a look at our overview of how to use Excel for inventory management.

We looked through nearly twenty different open-source inventory management software to find the picks that offered the most features and best pricing. Since these are open-source software options, they can be heavily customized through different modules and integrations. The number of warehouses and the software type local vs. At Business. We don't guarantee that our suggestions will work best for each individual or business, so consider your unique needs when choosing products and services.

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For more information, please see our Privacy Policy Page. We may earn money when you click on our links. Learn More. Best overall. Almyta Systems. Starting at. Asset and customer management. Self contained system. View Plans. Read Review. Best for rapid growth. Starting from. Inventory management functions. Module within complex ERP system. Best for manufacturing. Part tracking with inventory management.

Integration with Octopart. Best for asset management. Asset tracking and part management. API integrations. Best for supply chain management. Easy tracking for stock and material assets. Costly integrations. By Alex Kerai. Inventory Management and Ecommerce Staff Writer.

Published on December 17, Share Article. Updated: 5 months ago.