Thought I would share a nice addition to my start-up arsenal.
If you are looking for a cheap and robust option to the expensive accounting software packagers out there I would highly suggest taking a look at GNUcash . It is a perfect example of what open software can do to enable SMEs to succeed in today’s competitive marketplace.
So far I have found some reliable forums and websites dedicated to discussing options and different ways of manipulating the software package to do anything that I might want to do at in basic accounting. I’ve yet to stress test it to some serious options and scenarios, but thats mostly due to my lack of accounting knowledge and understanding than it is to the software’s ability.
Pros: Free, Multi-platform, very flexible, and highly customizable
Cons: Lacks support and built-in (ready-to-go) customization that other packages have, tougher learning curve for non-accountants to pick up