Free double-entry accounting for individuals and small businesses
GnuCash is a free accounting program based on proper double-entry bookkeeping. It tracks bank accounts, income, expenses, customers, vendors and invoices, and produces standard reports such as balance sheets and profit and loss statements.
Data stays on your own PC. It suits people who understand basic accounting, and local tax rules such as GST are not handled automatically, so check it fits your compliance needs.
Pros
- True double-entry accounting
- Invoices and reports included
- Data stays on your PC
Cons
- Requires accounting basics
- No automatic local tax filing
