5 Open Source Replacements for Accounting Software

These open source replacements for accounting software are good potential choices for businesses that are pinching their pennies.
Posted December 17, 2015
By

Cynthia Harvey


In recent years, cloud computing has transformed the ways that people purchase software, but it hasn't necessarily made it more affordable.

If you’re looking for accounting software – and you’re pinching pennies – you may want to explore one of these open source replacements for expensive accounting software.

Let the downloading begin!

As always, if you know of additional open source accounting software that you think should be on our list, feel free to add them in the comments section below.

Open Source Accounting Software

1. Edoceo Imperium

Replaces QuickBooks Desktop Premier ($349.95), Sage 50 Accounting ($299 per year and up)

This web-based accounting package was created with small and medium-sized businesses (SMBs) in mind. It includes CRM, work order and invoice capabilities as well as standard accounting features. Check out the online demo to see it in action. Operating System: OS Independent

2. FrontAccounting

Replaces QuickBooks Desktop Premier ($349.95), Sage 50 Accounting ($299 per year and up)

Another web-based accounting option for SMBs, FrontAccounting boasts inventory tracking and manufacturing management abilities. It's been downloaded more than 200,000 times. Operating System: OS Independent

3. GnuCash

Replaces QuickBooks Desktop Premier ($349.95), Sage 50 Accounting ($299 per year and up)

GnuCash combines personal finance software with small business accounting software, which some small business owners find helpful. It can track investments, create graphs, import financial data, set up scheduled transactions and perform standard double-entry accounting. Operating System: Windows, Linux, OS X

4. TurboCASH

Replaces QuickBooks Desktop Premier ($349.95), Sage 50 Accounting ($299 per year and up)

Used by more than 80,000 businesses, TurboCASH is a flexible accounting package that compares favorably with QuickBooks and Sage. It was created in the UK but also has a chart of accounts and currency features designed for U.S. businesses. Operating System: Windows

5. LedgerSMB

Replaces QuickBooks Desktop Premier ($349.95), Sage 50 Accounting ($299 per year and up)

LedgerSMB combines ERP and accounting capabilities in a single package, and it also includes a flexible development framework for extending its features. It has been downloaded more than 86,000 times since 2006. Operating System: Windows, Linux, OS X




Tags: open source, open source accounting


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