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Are there any good open source accountancy programs a startup could use? Double-entry accountancy is required by law in many countries (including mine), so it is a must.

The platform should be either Windows or Linux, "bonus points" if it runs on both.

It would be used in Austria.

12

How about GnuCash?

I would recommend it based on what I've used it for, however, I am not an accountant nor do I use it professionally. That said, I've found it rather useful for keeping track of finances.

According to its website, it features:

  1. Open Source
  2. Cross-platform, Windows, Linux, Mac
  3. Double-Entry Accounting
  4. Stock/Bond/Mutual Fund Accounts
  5. Small-Business Accounting
  6. Reports, Graphs
  7. QIF/OFX/HBCI Import, Transaction Matching
  8. Scheduled Transactions
  9. Financial Calculations

Screenshot found online

Also, more information about Double-entry accounting with GnuCash can be found here.

  • I agree with GnuCash. While it is far from perfect and underperformes when compared to commercial options it is the only real free and/or open-source option available which is decently feature-complete. (based on my research of about 2 years ago) – dtech Feb 12 '14 at 12:35
  • @ConfusedStack can you recommend GnuCash, or did you just copy and paste information from their website? Please read this meta post. – Olli Feb 12 '14 at 13:27
  • @Olli I can personally recommend GnuCash, but I got the feature list from their website. – ConfusedStack Feb 12 '14 at 13:29
  • 2
    @ConfusedStack if you can, then please edit your experiences to the answer, preferably more than "I have used it", as there's probably some positive things and issues too. – Olli Feb 12 '14 at 13:30
4

Single user or multi-user?

If you are looking for a single-user desktop software, GnuCash recommended by @ConfusedStack is the best option (Full disclosure: I am the author of Gnucash 2.4 Small Business Accounting Beginner's Guide by Packt Publishing). It even has an Android expense-tracking companion app.

However, if you need multi-user software, you can try FrontAccounting. It goes beyond accounting and has some ERP capabilities as well. It has the following modules: Sales, Purchases, Inventory, Manufacturing, Dimensions, Banking and General Ledger. It is suitable for small and medium companies for managing purchases, control stock, send offers, book orders and send invoices. Here is a review article and you can read several user reviews here. You can also try out an online demo here.

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