How to Run Your Small Business With Free Open Source Software

From simple bookkeeping packages to full-blown ERP systems, open source software can provide free options for small businesses that don't have the budget for big-ticket enterprise applications.

By Paul Rubens
Thu, November 14, 2013
Page 3

Open Source Finance and Accounting Applications

Bags of Cash

These three financial packages provide open sources alternatives to commercial packages such as Quicken, Sage or QuickBooks.

  • GnuCash (Windows, OS X and Linux) helps very small businesses apply professional accounting principles and track bank accounts, income and expenses to help ensure balanced books and accurate financial reports.
  • TurboCASH (Windows), aimed at the small to medium-sized business market, provides a general ledger and offers core functionality such as posting transactions into accounts and producing financial reports. The product supports 80 tax regimes, including the United States and the United Kingdom.
  • Finally, xTuple offers both a free and commercial supported version of Postbooks (Windows, OS X, Linux, BSD) to medium and larger companies. It includes accounting (general ledger, accounts receivable and payable, bank reconciliation and financial reporting) as well as sales, CRM, inventory and distribution, and other business management functions.

Not All Free, But … 5 Top Picks for Small Business Cloud-Based Accounting

Continue Reading

Our Commenting Policies