Akaunting vs. ThinkOut Comparison


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About Akaunting is a free, open-source, and online accounting software for small businesses and freelancers. From invoicing to expense tracking to accounting, Akaunting has all the tools you need to manage your money online, for free. That's right, completely free. There is no limited or trial version, only full. No hidden charges or setup fees, no counter, free means free. See your financials online anytime, anywhere on your computer, tablet, or phone. Run your business from anywhere and know your cash position. As we talk about your financials, you must be sure that data is safe and the software doesn't abuse them. Open source software provides you full privacy. Everything you need to manage your web accounting. Keep track of all of your payments, invoices, expenses, etc. in one place with zero fees. Stay on top of your cash flow and make smarter decisions about your business. Amaze your clients with professional looking invoices and get paid faster.	About ThinkOut is the online platform that delivers financial analysis and forecasting for SMEs in just a few minutes, based on the transaction history from their bank accounts. On a single screen you can check the total balance for your connected bank accounts, the cash runway given the current balance and the expense rate or the revenue and expenses of the past three months. ThinkOut automatically fills in the cash flow plan with data from the bank account statements. It displays in an accessible, visual manner the way your company’s money is distributed on income and expense categories. ThinkOut translates the transactions data into easy-to-understand charts that shine more light on how the income and expenses are structured and evolve. The platform gradually builds cash flow forecasts based on the business activity over the past years. This way you can plan your business according to anticipated income and expenses patterns.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Small businesses in search of a free and online solution to manage their finances and cash flow	Audience Companies searching for a solution to manage and improve their financial operations
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $24 per month Free Version Supported Free Trial Not Supported	Pricing $50.00/month/user Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 1.0 / 5 ease 5.0 / 5 features 5.0 / 5 design 5.0 / 5 support 1.0 / 5 Read all reviews	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Pros & Cons from Real Users Pros It's visually impressive, you can self host. Modern clean interface that is how I imagine software should be like. Cons Constantly failing updates, Failed backups, Great customer service with no resolution of any problem, Tickets being closed without a resolution. Crippled without the double entry app requiring a subscription. Self hosting means you go it alone and sit for month and months with no solution to a problem that an update created.
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information Akaunting United States akaunting.com	Company Information ThinkOut Romania thinkout.io
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Categories Accounting Supported	Categories Accounting Supported Cash Flow Forecasting Supported Financial Analytics Supported
Accounting Features Accounts Payable Not Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Not Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Not Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Not Supported Tax Management Not Supported	Accounting Features Accounts Payable Not Supported Accounts Receivable Not Supported Bank Reconciliation Not Supported Billing & Invoicing Not Supported Cash Management Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Supported Tax Management Not Supported
Integrations AWS Marketplace Supported Azure Marketplace Supported Elestio Supported Infince Supported Livewire Supported View All 5 Integrations	Integrations AWS Marketplace Not Supported Azure Marketplace Not Supported Elestio Not Supported Infince Not Supported Livewire Not Supported
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