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Quickbooks alternative? (startrek.website)

submitted 7 months ago by [email protected] to c/[email protected]

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I’m asking for suggestions on replacing quickbooks with something free and open source.

Anyone have experience with turbocash?

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[–] [email protected] 7 points 7 months ago (1 children)

gnucash?

[–] [email protected] 1 points 7 months ago (3 children)

Thanks. Do you use it?

[–] [email protected] 4 points 7 months ago

Yes, I do! I use it to keep track of both business and personal finances, and I like it a lot. There is a kinda steep learning curve if one is not experienced woth accounting software. my skill with it has grown over the years, and i am impressed with how well it works. this reminds me i should throw some cash to the project

[–] [email protected] 3 points 7 months ago

+1 for GnuCash! Been using for over 20 years, since I began college. Taught my girlfriend the principles behind it and the reports you can have. It’s definitely one of the driving forces for us to stay on track with our financial goals.

[–] [email protected] 1 points 7 months ago* (last edited 7 months ago)

My wife and I have used GnuCash for 20 years. We used Quicken before that. Like GnuCash way better since it is actually double entry accounting. The major limitation of GnuCash is that it is not concurrent. So to people cannot be modifying the ledger at the same time. Not sure about viewing. It can be SQL database backed though I have never used that functionality. The other place where FOSS stuff probably lags is integrations.

Edit: Another area in which GnuCash is weak is basis tracking. Fine on accounting for gains and losses but for tracking the basis is limited. At least my version is. I am on 3.x which is the version in the repos of my near end of life Debian 10 distro and latest is 5.5. At least my version there is no way to show true returns either.