GnuCash vs. ThinkOut Comparison


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About Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports. GnuCash is developed, maintained, documented, and translated entirely by volunteers. We have some suggestions. Please help translate GnuCash into your language at Weblate. Every transaction must debit one account and credit others by an equal amount. This ensures the books balance: the difference between income and expenses exactly equals the sum of assets and liabilities. The GnuCash checkbook-style register provides a custom, convenient and familiar interface to entering financial transactions.	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 Supported Mac Supported Linux Supported Cloud Not Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not 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 Businesses looking for a powerful Accounting solution	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 Free Free Version Supported Free Trial Not Supported	Pricing $50.00/month/user Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 4.0 / 5 ease 4.0 / 5 features 4.0 / 5 design 4.0 / 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 Set up your accounts. import your checking account transactions. Make your journal entries. Print your reports. Package assumes you understand accounting, finance, GL entries, income statements. It is what it is. If you need something you walk you through every step of accounting, this is not for you. If you want to ditch fancy wizards and continuous attempts to upsell you to some unneeded add-ons, this is it. Everything has a learning curve and setup. but the next years are just repeat and rinse. I use it for accounting, taxes and year end. Customer invoice, job, you may need something else. Cons Would love a beginning balance on the accounts page. Not a con.
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 GnuCash Argentina www.gnucash.org	Company Information ThinkOut Romania thinkout.io
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Categories Accounting Supported Accounts Payable Supported Financial Reporting Supported Medical Accounting Supported Personal Finance Supported	Categories Accounting Supported Cash Flow Forecasting Supported Financial Analytics Supported
Accounting Features Accounts Payable Not Supported Accounts Receivable Not Supported Bank Reconciliation Supported Billing & Invoicing Not Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Not Supported Nonprofits Not Supported Payroll Management Supported Project Accounting Not Supported Purchase Orders Not Supported Tax Management Not Supported Show More Features Accounts Payable Features Approval Process Control Supported Bank Reconciliation Supported Cash Management Not Supported Check Writing Not Supported Duplicate Payment Alert Not Supported Fraud Detection Not Supported General Ledger Entry Not Supported Vendor Management Supported Financial Reporting Features "What If" Scenarios Not Supported Audit Trail Not Supported Balance Sheet Not Supported Cash Management Not Supported Consolidation / Roll-Up Not Supported Forecasting Not Supported General Ledger Supported Income Statements Not Supported Multi-Company Not Supported Multi-Department / Project Not Supported Profit / Loss Statement 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 No info available.	Integrations No info available.
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