Saturday, December 2, 2006

A Free Way to Keep Up With Your Money


Have you used Microsoft Money or Quicken? I bet you've wondered if there's a cheaper way to manage your finances without spending it all on a new copy of the two money software rivals previously mentioned.

Well...

Introducing GnuCash. Originally programmed for Linux, GnuCash does all you can expect and perhaps a bit more. GnuCash features the following:

  • Full featured check register and general ledger.
  • Double entry of accounts.
  • A full suite of standard and customizable reports and graphs.
  • Income/expense account types.
  • Multiple currencies.
  • Stock/mutual fund portfolios that can update automatically via exchange sites (i.e. Ameritrade).
  • Small business accounting.
  • QIF (Quicken) file import. They are automatically merged to eliminate duplicate transactions.
  • Supports the Open Financial Exchange protocol.
  • Support the German Home Banking Computer Information protocol for German users.
  • Statement reconciliation.
  • Multi-language support.
  • Transaction finder.
  • Check Printing.
  • Scheduled transactions for mortgage and loan payments with reminders.
  • User Manual and help.
Wow! All this for free? I personally have never seen as robust an app as this for handling money for nothing. It seems to show the best of both worlds of features as illustrated in Intuit and Microsoft's accounting programs.

Bottom line - if you have a large expense account or a small business, give GnuCash a try. You probably won't go back.

To download GnuCash, click here.

0 comments: