Sunday, October 19, 2014

BEST FREE ACCOUNTING SOFTWARE: 8 PROGRAMS WE RECOMMEND / TurboCash 5, TAS Software, GnuCash, NCH Express Invoice. xTuple PostBooks. VT Cash Book, Invoice Expert XE, Adminsoft Accounts

Finance & Accountancy writes: These are tough times for businesses. Now, more than ever, it’s vital to keep a very close watch on your company finances.
And that’s where good accounting software can help, automating many of your business processes and producing detailed reports on precisely how you’re doing.
Deciding you need an accounting package is the easy part, of course – picking the best one for you is a different matter.
One of the first issues to consider is the amount of support you’ll need. If you’re a total beginner then it may be wise to choose a commercial package where there’s plenty of help available.
If you’re a little more experienced, though – or you just want to play around and learn the basics – then there’s a wide range of free accounting packages around, and we’ve highlighted eight of the best.

1. TurboCASH 5

Download TurboCASH 5
TurboCash is an open source small business accounting package, which the developers say has more than 80,000 users worldwide.
It has all the usual standard functions – stock control, invoicing, debtors, creditors, general ledger, VAT accounting, balance sheet and income statements, and plenty of reports – and also supports multiple users, and even multiple companies.

TurboCASH

As with any similar package, if you’re new to accounting in general then there’s a great deal to learn. TurboCASH does make things easier with example books, though, and a detailed online manual helps you to get started.
The program is also highly configurable, and it’s also a relief to use a free accounting tool which isn’t always demanding that you “upgrade”.
————————————————————————————————

2. TAS Basics

Download TAS Basics
TAS Software (a division of Sage) sells several accounting packages, but gives Basics away for free. This means it has plenty of limitations – you can’t record sales orders or create invoices, for instance – and there’s no real support, but if you can live with that then Basics proves to be a very straightforward package.

TAS Basics

It can maintain customer and supplier records; you’re able to maintain multiple bank accounts, recording the money in and out; simple reporting means it’s easy to record who owes you money (and who you own money to), and you get useful help with your VAT return.
————————————————————————————————

3. GnuCash

Download GnuCash
First released back in 1998, the open source GnuCash has been constantly developed ever since, and it’s now a very flexible accounting system.
A straightforward register makes it quick and easy to enter transactions, but there’s also plenty of power here: customer and supplier tracking, invoicing and bill payment, scheduled transaction support, and a host of reporting tools.

GnuCash

Advanced features include budget management and stock portfolios, while each of your accounts can be in different currencies. Double entry accounting and a reconciliation tool help you uncover any errors, and with versions available for Windows, Linux and Mac (and even an Android app) you can run the program just about anywhere.
————————————————————————————————

4. NCH Express Invoice

Download NCH Express Invoice
Express Invoice is free only for businesses with less than five employees, and annoyingly you’re asked to confirm that every time the program launches. That aside, though, Express Invoice is a very easy-to-use invoicing package.
After installation, you can create a quote or invoice immediately; just entering a customer’s name, product details and so on creates those records for you, and you can print, email or fax the results from within Express Invoice.

ExpressInvoice

It’s straightforward to schedule recurring invoices, you can track payments as they come in, and reports keep you up to date with outstanding invoices, item sales and more. If you only need invoicing then check out Express Invoice first.
————————————————————————————————

5. xTuple PostBooks

Download xTuple PostBooks
PostBooks is another open source tool with all the usual accounting features: general ledger, accounts payable and receivable, invoicing, bank reconciliation and more, all accessible via a well-presented interface. But that’s just the start.
PostBooks
The program also includes equally capable modules like Products, Inventory, Purchase, Manufacture, CRM and Sales, for instance, while an integrated OpenRPT report writer helps you create the reports you need.
Unsurprisingly, this also comes with a steep learning curve, but PostBooks could be useful for larger businesses, and you can upgrade to commercial packages later if you need more power.
————————————————————————————————

6. VT Cash Book

Download VT Cash Book
If your accounting needs are simple then VT Cash Book might appeal, as it’s just about recording your income and expenditure. So there’s no database of customers or suppliers, no invoicing or purchase order module: instead you’ll spend most of your time simply entering transactions via VT Cash Book’s straightforward interface.
VT Cash Book
Still, the program does support multiple accounts, has a simple reconciliation option, and can help with your VAT returns. So if you’re a small trader, and just looking for a way to record your cash transactions, then VT Cash Book is worth a look.
————————————————————————————————

7. Invoice Expert XE

Download Invoice Expert XE

7. Invoice Expert XE

Invoice Expert XE is the free version of a commercial product, and has some major restrictions, the most significant being that you’re limited to 100 customers and products.
It’s still packed with powerful features, though – comprehensive quote and invoice creators, detailed inventory and customer management, useful reports, and more.
InvoiceExpert
There are lots of configuration options, and an excellent interface makes the program very easy to use. (Although that’s just as well, as there’s no help.)
The 100 customer limit will be a big problem for most people, then, but if you have a small business where that isn’t an issue, Invoice Expert XE’s mix of power and simplicity could make it a reasonable choice.
————————————————————————————————

8. Adminsoft Accounts

Download Adminsoft Accounts
Adminsoft Accounts is the work of a single developer, rather than the usual large team, but it doesn’t look that way from the feature list.
The program is a double entry accounting system which supports accounts payable and receivable, general ledger, invoicing, purchase order processing, stock control, payroll and more. And there are even a few specialist modules (AutoManager helps run a garage, for instance).
Adminsoft Accounts
Learning how to use all this can take a while, as there are a vast number of menus and dialog boxes to explore. But if you need a lightweight program with plenty of functionality then Adminsoft Accounts could still be a good choice.

18 comments:

  1. Well, when I started my business it was really tough for me to manage finance and accounts of my business. Then I started learning accounts from journals which are published by Aloke Ghosh who is a Ph.D holder. Every concept was described in detailed manner.

    ReplyDelete
  2. Thanks for given information, this is very useful for me. www.laabamone.com

    ReplyDelete
  3. And that’s where good accounting software can help, automating many of your business processes and producing detailed reports on precisely how you’re doing. best task management software

    ReplyDelete
  4. This is the first time i am reading your post and admire that you posted article which gives users lot of information regarding particular topic thanks for this share.small business payroll software

    ReplyDelete
  5. Like your article, content is very good, next time will come again.

    Online Invoicing Software

    ReplyDelete
  6. You have really helped several of individuals like me, who have been searching internet from past quite a long time to find detailed information on Free Accounting Software Download.

    ReplyDelete
  7. Nice Article!!!!! If you have Construction Business ERP software is more important and good benefits for construction Industry.....Read More Here

    ReplyDelete

  8. Great List Of Tools !
    I would like to suggest one more useful application capable of simple accounting and bookkeeping i.e. Excel-Accounting-Budget-Analysis.com. It’s an excel workbook helps to manage the business finances and simplify the process of account receivable and management.
    Besides that, features like cash flow, budgeting, analysis and reporting makes this application more prominent for businesses.

    ReplyDelete
  9. Excellent article to read. feel free to visit our site. If you want an IT Company and solution provider that provides Quickbook software solution, feel free to visit us. We are QBM IT Services, aside from quickbooks, we offer also different it services, like cuztomized web-base sytem, responsive website, payroll system, networking, and we can supply computer with specs that you want to request.

    ReplyDelete
  10. Great blog Thank you for sharing this information.

    Processing payroll

    ReplyDelete
  11. It is really good and helpful for the startup businesses to manage accounting software and finance. If you are looking for an alternate, feel free to visit our site.

    ReplyDelete
  12. فكرة برمجية لتقنية المعلومات . متخصصين في إنتاج البرمجيات تقديم حلول مميزة لادارة اعمالك
    وإنطلاقا من خبرتنا فى مجال البرمجيات الحسابية و الإدارية توصلنا إلى حل مناسب لصناعة برمجيات تساعد فى عملية الإدارة لـ " المحلات - المؤسسات - المستودعات - الشركات - المصانع - المعارض - الصيدليات
    بحيث يصبح تخزين المنتجات وحفظ الحسابات ومعرفة الصادر والوارد وبيانات الموظفين والارباح أو الخسائر والمبيعات والمشتريات والتخزين ومتابعتهم واصدار الفواتير وعمليات الجرد والتسوية وإنشاء تقارير منوعة لاداء وحسابات الشركة اكثر سهوله ودقة وسرعة وحرفية

    “ما يميز البرنامج هو التصميم البسيط و السهولة المحكمة التي لا تُخل بجودة مخرجات
    البرنامج وسرعة الإنجاز. يعجبني أيضا التكامل بين مختلف مكونات البرنامج، إمكانية إدارة البرنامج من أي مكان بالعالم، الدعم الفني السريع و أخيرا التجاوب السريع في تلبية اقتراحات العملاء
    محاسبة أونلاين
    أدر محاسبة شركتك على الانترنت في أي وقت ومن أي مكان. يمكن تخصيص البرنامج وجميع المستندات كالفواتير، عروض الأسعار، سندات الطلب، إشعار الدائن لتتماشى مع جميع ميادين العمل
    إستيراد البيانات
    الانتقال من البرنامج القديم إلى النظام يتم بسهولة بفضل خاصيات إستيراد البيانات. بالمقابل يمكن في أي وقت عمل نسخة احتياطية وإستيراد جميع المستندات والتقارير. تاتي على شكل CSV أو اكسيل أو PDF
    إدارة كاملة ومبسطة
    صمم حتى يكون أفضل برنامج محاسبي عربي وذلك بفضل تمكنه من جمع جميع ما تحتاج إليه الشركة : برنامج مخازن، برنامج مبيعات، برنامج العملاء،وبرامج محاسبي يتضمن شجرة حسابات كاملة.
    تتبع بسهولة فواتيرك في مكان واحد
    بفضل وضع فواتيرك يمكنك متابعة الزبائن لمعرفة اذا كانوا قد توصلوا بفواتيرهم ومعرفة بسهولة إذا قاموا بدفع مستحقاتهم بالكامل أو جزئيا و مراسلتهم إذا كانوا متأخرين. رموز الألوان هي مفيدة لمتابعة المعاملات الخاصة بك ومراقبة رصيدك.
    نموذج فاتورة بخيارات متعددة
    يمكنك التعديل على فواتيرك في أي وقت وإرفاق ملفات مثل
    صور المنتجات لإرسالها إلى الزبائن. يمكن تحميل الفواتير على شكل بي دي إف، طباعتها أو ارسالها عبر البريد من دون مغادرة البرنامج. ودون تغيير تسلسل الترقيم، يمكنك شطب فاتورة غير مدفوعة أو إلغائها حتى وإن كانت قد أرسلت سابقا.


    برنامج محاسبة
    برنامج محاسبة اون لاين
    برنامج محاسبة للمحلات

    ReplyDelete
  13. Thanks for this useful post.
    Nowadays there is a tremendous change in the compliance laws it is necessary to be updated always to free from risks.For this purpose, we need best compliance tool or labour law compliance management for an ease.

    ReplyDelete