GnuCash is a personal and small-business finance manager with a check-book like register GUI to enter and track bank accounts, stocks, income and expenses. GnuCash is designed to be simple and easy to use but still based on formal accounting principles.
Features
- Double-Entry Accounting
- Stock/Bond/Mutual Fund Accounts
- Small-Business Accounting
- Reports, Graphs
- QIF/OFX/HBCI Import, Transaction Matching
- Scheduled Transactions
- Financial Calculations
License
GNU General Public License version 2.0 (GPLv2), GNU General Public License version 3.0 (GPLv3)
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User Reviews
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Quicken QIF files imported fine from what I can tell, BUT instead of being accounts (Chequing, Savings, etc.) with categories of entries, like in quicken, each category shows as an account. Very cumbersome to use and I went through each setting to see if I could change something to no avail. If someone can show me how that is fixed, it would be perfect.
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This is a great application once you've got the hang of it which if you don't have an accountancy background can be a bit of an uphill struggle but p****vere, its worth it when you have. There does appear to be a recurring bug with creating reports which has never been resolved, its a bit hit and miss if it works for you. I never had a problem with reports until installing on a Windows 10 machine but now no matter what I try including all the fixes described on GnuCash forums I just cannot get to work at all.
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You need to know bookkeeping and how other software programs work to make best use of this one. I'm in Canada and this is a US based free software so some things don't relate. However, creating new accounts is easy and entering data is also easy. Not so easy is the reporting system...and one of the worst aspects of all is being able to perform a bank reconciliation BUT NOT BE ABLE TO PRINT IT!!! What use is that? Creating re-usable reports isn't bad but the choices of formatting are very limited. This is a basic nuts and bolts program if you just want to keep a bookkeeping record but the features of the optional reporting system is very limited. As for importing QIF files from online banking, it did work for me in the beginning but I haven't tried lately...so not sure if an upgrade has caused a problem. I found it easier not to import QIF and just do manual entries anyway. Great work on the bookkeeping aspect, lousy at what you can do with the info once you have it. I've used Bedford, ACCPAC, Simply Accounting, and Quickbooks over the years. I needed a free software for my boss and his small company but this has been a trial. Now that it is all setup I'm debating on switching to something else but hate to lose all of the data and entry history.
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On Windows 10 version 3.2 starts the first time but then crashes on each subsequent attempts to start the application again. Column resizing on the transaction display is hopeless. It is difficult to see the amount column if there more that 6 digits, and it is not possible to resize that column. Those are the only issues I have otherwise a very well done application.
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Version 3 with the ellipsis tabs is very annoying/and poorly implemented. Other graphical elements seem to be improved.