9 Best Free Accounting Software For Your Business

Majority of Accounting Software have functionalities like accounts payable, receivable, payroll, trial balance etc. There are number of account software which can serve these common functions with nice interface. We have collected a list of the best free accounting software which can save money, and can keep the accounts properly managed.

Although we can always argue which one is the best from this lot, but the final verdict will always keeps changing to person to person according to needs and project requirement. Let’s hope these software can serve the purpose of solving your account problems in day to day life.

Also See : Best Online Accounting Software for Small Business

Apache OFBiz : Open For Business (OFBiz) is a suite of enterprise applications built on a common architecture using common data, logic and process components. The loosely coupled nature of the applications makes these components easy to understand, extend and customize.

The tools and architecture of OFBiz make it easy to efficiently develop and maintain enterprise applications.

Apache OFBiz offers a huge range of functionality including: Accounting (Agreements, Invoicing, Vendor Management, General Ledger), Asset Maintenance, Catalogue and Product Management, Facility and Warehouse Management, Manufacturing, Order Processing, Inventory Management, automated stock replenishment etc., Content management system (CMS), Human resources (HR), People and Group Management, Project Management, Sales Force Automation, Work Effort Management, Electronic point of sale (ePOS), Electronic commerce (eCommerce)

Gnucash : GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.

Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.

Grisbi : Grisbi is a personnal accounting application running under GNU/Linux and Windows, released under the GPL licence.  They provide you with the most simple and intuitive software for basic use, and still very powerful if you spend a little time on the setup.

Grisbi can manage multiple accounts, currencies and users. It manages third party, expenditure and receipt categories, as well as budgetary lines, financial years, and other informations that makes it quite adapted for associations (except those that require double entry accounting).

HomeBank : It is designed to easy to use. Analyse your finances in detail using powerful filtering tools and graphs. Its benefits are from more than 14 years of user experience and feedback. Its development started in 1995 on Amiga computers. It is available for 50 languages on GNU/Linux, FreeBSD, Microsoft Windows, MacOSX.

jGnash : is a cross platform personal finance application written in Java. jGnash is a double entry system with support for multiple currencies. jGnash can import Gnucash and QIF files.

KMyMoney : KMyMoney is the personal finance manager for KDE. It operates in a similar way to Microsoft Money. It supports different account types, categorisation of expenses and incomes, reconciliation of bank accounts and import/export to the “QIF” file format.

LedgerSMB : is an open source financial accounting program. As of 1.2, it offers fairly solid AR, AP, and GL tracking as well as inventory control.

LedgerSMB works well on any UNIX-type platform, including Linux, BSD, and Apple’s OS X, and also is tested on Windows as well although performance and scalability are not believed to be as strong on Windows.

SQL-Ledger : is a double entry accounting system. Accounting data is stored in a SQL database server, for the display any text or GUI browser can be used.  SQL-Ledger is platform independant and runs on any NIX, Mac or Windows computer.  SQL-Ledger can be accessed remotely so people can be in different parts of a city, country or across the world.

Turbocash : TurboCASH is a free software accounting software package, developed by a project team headed by Philip Copeman, a South African. It has been continuously developed since April 1985, and was released under the GNU General Public License in July 2003.


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  • Richard Evans

    There are free online options too. We use bionic books; it is pretty straightforward, no frills but easy to use.


  • kamalakar

    Amazing collection of softwares really useful

  • Carlos

    Do you know that we have on line solutions on the cloud such as e-conomic.es for just 19€ month?
    You will be able to carry your accounts on internet and receive all the service required. Look for SAAS (software as a service). With free software you maybe lucky with the software but service=0. Try this new technology you will not regreat it.

  • Debbie

    TurboCash is easy to use, accountingdes is intuitive as it doesn’t require rocket-science knowledge to get around with its functionalities. OpenGL is user friendly and and easy to use for small trading business.

  • Samantha Lowell

    The accounting software will surely make our lives easier.

  • Which free accounting software is the best out of the ones stated above..

  • John William

    Nice List !
    Here is one more tool that you may consider i.e. Invoicera. It is an online solution that fulfills all the accounting needs. Supports features like online invoicing, bookkeeping, expense tracking, credit notes, Estimates and reporting.
    It has a free basic plan.