Best Free Accounting Software

Here are the best free accounting software. If you own small business and do not want to spend money on accounting software, these accounting software could be useful for you.

1. GnuCash

GnuCash Free Accounting Software

GnuCash Free Accounting Software

GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.

GnuCash is designed to be easy to use, yet powerful and flexible. GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.

GnuCash has functions – double entry accounting, stock/bond/mutual fund accounts, small business accounting, reports, graphs, QIF/OFX/HBCI import, transaction matching, scheduled transactions, financial calculations.

Support Operating System: Microsoft Windows XP/Vista/7/8/10, Mac OS X Intel | Power PC.

2. TurboCASH

TurboCASH Free Accounting Software

TurboCASH Free Accounting Software

TurboCASH is the world’s leading open source accounting software for small business.TurboCASH is available in 25 languages, covering over 80 different tax regimes.

TurboCASH has all the standard functions – stock control, invoicing, debtors, creditors, general ledger, VAT accounting, balance sheet and income statements, and plenty of reports, and also supports multiple users, and even multiple companies.

Support OS: Windows XP, Vista, Windows 7, Windows 8 or Windows 10.

3. Invoice Expert XE

Invoice Expert XE

Invoice Expert XE

Invoice Expert XE is the free version of a commercial product, and has some major restrictions, the most significant being that you’re limited to 100 customers and products.

It’s still packed with powerful features, though – comprehensive quote and invoice creators, detailed inventory and customer management, useful reports, and more.

There are lots of configuration options, and an excellent interface makes the program very easy to use. (Although that’s just as well, as there’s no help.)

The 100 customer limit will be a big problem for most people, then, but if you have a small business where that isn’t an issue, Invoice Expert XE’s mix of power and simplicity could make it a reasonable choice.

 4. PostBooks:

PostBooks Free Accounting Software

PostBooks Free Accounting Software

PostBooks is open source tool with all the usual accounting features: general ledger, accounts payable and receivable, invoicing, bank reconciliation and more.

The program also includes equally capable modules like Products, Inventory, Purchase, Manufacture, CRM and Sales, for instance, while an integrated OpenRPT report writer helps you create the reports you need.

PostBooks could be useful for larger businesses. If you need more features, you can upgrade to commercial packages later.

PostBooks Features:
  • General ledger, accounts payable and receivable, bank reconciliation.
  • Fully integrated CRM (incidents, to-do list, address book, opportunities, projects, vendors).
  • Superior inventory control for manufacturers, distributors, professional services.
  • Rich REST API built with PostgreSQL database views, encapsulates all business logic and data integrity.
  • Fully integrated OpenRPT report writer to customize reports, Qt Designer to customize screens
  • Mobile Web application, fully integrated with classic Desktop client to manage business and enrich customer and prospect relationships from tablets or smartphones.
  • Fully integrated, turnkey eCommerce and ERP system empowers any organization to manage complexities of online business, while using data generated to enhance customer service, cross-sell products and drive more sales.

5. NCH Free Accounting Software

NCH Free Accounting Software

NCH Free Accounting Software

NCH Express Accounts is professional business accounting software, perfect for small businesses needing to document and report on incoming and outgoing cash flow including sales, receipts, payments and purchases.

  • Easily track payments and deposit transactions
  • View balances and reports to see how your business is doing
  • Email or fax reports directly to your accountant

NCH Free Accounting Software is a free version of NCH Express Accounts software is available for use by small businesses with less than five employees. The free version does not expire, but does not support some features designed for larger organizations.

Support Operating System: Windows 8.1, XP, Vista, 7, 8 and 10, Mac OS X 10.4 or above.

6. NolaPro Free Accounting

NolaPro is a free Accounting suite that can be securely run from your PC. Refine and manage your business with its flexible and powerful Customer tracking, Billing, Payables, General Ledger and Reporting features. NolaPro expands as you grow with Inventory Control, Service/Labor Order management, POS/Fulfillment Order support, a B2B web portal, eCommerce integrations, vTiger CRM add-on, Employee Timeclock, QuickBooks converter, development API and many more Add-On options.

Support Operating System: Windows 8, 7, Vista or XP.