PHPBalanceSheet is an effort to create a web-based financial accounting package using PHP. This Proof of Concept release signifies that we have something vaguely usable, marking the end of the "free hacking" phase of the project and the start of real planning and development.
PHPBalanceSheet is an effort to implement a web-based accounting package using PHP. It was initiated in response to a real-world situation: when filing a tax return, it is necessary to account for taxable income and tax-deductable expenditure. PHPBalanceSheet will initially fulfill just this role, but ultimately the intention is that it will be extended to encompass many accounting processes and eventually become something similar to a web-based version of, say, Sage Accounts.... read more