Software for Enterprise

List of free and open source Accounting software (Part 2)

In yesterdays article we introduced the concept of free open source accounting software (Part 1) and we looked at GnuCash, TurboCASH, Lazy8Ledger, Pbooks and AdminsoftAccounts.Try Xero for FREE – Online accounting software for small businesses.

Today we will be looking at some more options of free open source accounting software available.

Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation Yes
Manufacturing Yes


Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation Yes
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control No
Debtors control, invoicing and statements No
Creditors control No
Reports No
Cash book Yes
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book Yes
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control Not in the free version
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation Yes (but download of bank and credit card transactions is only available in the Pro version)
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation No
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation No
Manufacturing No

Modules Included
General Ledger, Trial Balance Yes
Stock Control Yes
Debtors control, invoicing and statements Yes
Creditors control Yes
Reports Yes
Cash book / Bank Reconciliation Yes
Manufacturing Yes

It is still important to look at a demo of potentially suitable free open source accounting software for enterprises before making a final decision.

The look and feel should be considered, the speed of the software, as well as security considerations such as the possibility of password protection.

As businesses grow and more functionality may be required at a later stage, it is good to go for a solution that allows for such future growth. For example, if only services are delivered, and later on inventory are being sold as well, it would be a frustration if the chosen software solution does not allow for inventory control when the business eventually needs it.

The same consideration should be given to the number of users allowed on the system simultaneously.

Yolande Kleynhans
(yolandek ‘at’ mtn.blackberry.com)

* Updated 1 Feb 2010: Check out this new post regarding an affordable web based online accounting system.

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