![]() I disabled that feature in other financial software I used. This means it cannot update banking records in real time.įor me, that is not an issue. Unlike other financial software, HomeBank does not connect to your bank’s computer to carry out transactions. It is available in 50 languages on GNU/Linux, FreeBSD, Microsoft Windows and Mac OS X. Its roots go back to the 1995 Amiga computers. Feeling at HomeĬompared to GnuCash, HomeBank is a much easier personal accounting system to use. If you run a small business, this app will track your customers, vendors, jobs, invoices and more. For instance, it handles reports and graphs as well as scheduled transactions and financial calculations. ![]() Making sure that the difference between income and outflow exactly equals the sum of all assets and equity is a standard that exceeds my needs.įor business finances, though, GnuCash offers key features. This process ensures that the books balance, according to GnuCash’s documentation. All transactions must debit one account and credit others by an equal amount. Here is the short version of what a double-entry system entails. But double-entry accounting is not my comfort zone. The program got easier to use once I imported the files and finished the account setup. When the counting gets beyond my fingers and toes, my eyes gloss over. GnuCash is designed to be simple and easy to use but is based on formal accounting principles. That said, if you do not have an appreciation for formal accounting principles, make sure you spend considerable time boning up on the documentation. Its GUI (graphical user interface) is designed for easy entry and tracking of bank accounts, stocks, income and expenses. GnuCash has the look and feel of a check-book register. ![]() It has versions for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows. It is an ideal crossover app, licensed under the GNU GPL. It has a full suite of standard and customizable reports. GnuCash tracks budgets and maintains various accounts in numerous category types. Still, it will do that and a whole lot more. If all you want is an app to ride herd on your bank accounts, using GnuCash could be overkill. But it comes with the steepest learning curve of the three packages. ![]() It is a powerhouse personal and small-business finance manager. GnuCash is probably the top of app a real accountant would relish. So if you’re already using those programs and you want to make a switch, you do not have to start from scratch to begin using them. But they do, as does AceMoney, export their data to a form that GnuCash, Homebank and Skrooge can use. MSMoney and Quicken do not run under WINE. I had to run it under WINE, an open source implementation of the Windows API. I even gave in and paid the upgrade fee to add the ability to maintain multiple bank accounts. Nothing I did using Windows wares escapes me in Linux.įor a while after I made the leap from Windows to Linux, I relied on AceMoney, a personal finance product that has a fairly full feature set. Good Optionįor my money - if open source was not free, that is - any one of these Linux financial apps fits my needs better than their Windows counterparts. That means I can run them on my various desktop and laptop computers all for the same great price - $0. The Linux programs, being open source, are free. In terns of features and performance, all three are as good as or better than the well-known Microsoft Windows equivalents - MSMoney and Quicken.īut features and performance aside, these three Linux apps have a striking advantage over their proprietary kindred. GnuCash, HomeBank and Skrooge are among the best financial apps I’ve found for Linux. The Linux platform has several really good financial applications that are more than capable of handling both personal and small-business accounting operations.
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