Those who delve deeper will find this is actually a double entry (professional) accounting system with any number of ledgers you desire to create. I use GNUCash on my desktop, over my LAN to a server, and over Internet via my SSH connection. If you want to learn a small amount, you can also download your bank statements in various formats, including Quicken format, and click File Import to auto-magically insert them into your checkbook register. On the most basic level you simply fill in your checkbook register. That makes it hard to outsource your bookkeeping.Ĭomments: GNUCash is an open source free package that works much like the for-profit Quicken program without the spyware (content guard) bundled in by Intuit. The worst thing is that it's hard to find bookkeepers, at least in the US, that are familiar with it. That makes sharing the data a bit more cumbersome than it would be otherwise. There is no good web front end the only front end with a complete feature set is a desktop application. That means that if you want to integrate the data into other systems, it's more cumbersome than it should be. GnuCash is cross-platform which means it runs on Windows, Mac, and Linux. It's also self-hosted which means you keep your own database files locally. If configured to do so, it uses a central MySQL database, which makes it work like enterprise software, where various people in the organization perform bookkeeping tasks. Once my company grew to the point where I had to outsource my bookkeeping, I switched to QuickBooks because most bookkeepers I found were unfamiliar with GnuCash. They really could improve this feature to make it more failproof and intuitive.Ĭomments: I liked using GnuCash when my organization was small and I did all of the bookkeeping myslef. Instead I find it easier to just make 2 separate transactions manually, noting that they're part of 1 transaction. While I found 99% of the software to be easy to use, and despite having used the software for several years now, I still find it difficult to do split-transactions. And the ability to run reports that turn my accounts in to pie and bar charts is very helpful as well. This includes bank accounts, and stock portfolios. It was very easy to setup all of my accounts, and track my expenses and income across them. Older versions of the software used to crash when running specialized reports (eg pie charts of expenses) used to sometimes crash, however I have not experienced any such behavior as of the the latest versions of 3.0 and up (currently 3.6 as of this review.) Especially as a small business owner and freelancer. But the menu structure layout is like the late 90s early 00s desktop application era and, in my opinion, can and should be improved upon.Ĭomments: Overall, I have nothing but high praise for it. I am okay with this because double-entry accounting is a well-established process and less change is ultimately better. The UI still feels a bit dated, even with recent updates since version 3.0. We generally work from two different computers with a network file share, and often one user will forget to close the application, keeping the file lock in place. Still haven't solved the multi-user limitation. I was appealed by the low barrier to entry, including free download and installation, as well as strong documentation for an administrator that prefers to configure my own software. I've tried a few different data store backend options (including mysql, postgresql, and XML file) - I landed long term on the XML file storage because it has had the least issues. We also welcome your referrals.Comments: It has been a rock solid tool for managing transactions and monitoring fiscal health in the short and long term. And, as always, please feel free to contact us for assistance with year-end procedures, reports, or any other software related requests. I wish you and your families a happy, healthy and prosperous 2014. I will keep you apprised of announcements and special offers as soon as they are announced. I suggest waiting until after the first service release, but for those who don’t want to wait, the reports have been very positive. I know that Sage is already working on Timeslips 2015 and Time Matters’ latest release, Time Matters 13 is already available for download. The link between Timeslips and QuickBooks is significantly improved this year and many of our clients find it much easier and efficient than prior versions. We continue to support Timeslips, Time Matters and QuickBooks for law firms and other service businesses. Happy New Year! Another year has passed which is why I am reminding you to save a special year-end backup.Ģ013 been a good year for us at TSR Consulting Services, Inc.
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