Open-Source Accounting Software

Accounting software supports financial accounting, account assignment, payment reconciliation, and reporting.

Typical users include self-employed people, SMEs, and organizations that want to handle their bookkeeping digitally.

While invoicing covers quotes, invoices, and payment reminders, accounting records the financial transactions. ERP systems combine these tasks with other areas such as purchasing, sales, and inventory.

Features

Below is an overview of common features of accounting software.

Chart of accounts and general journal

Accounts receivable and accounts payable

Bank reconciliation

VAT and tax logic

Open item management

Standard reports (balance sheet, income statement)

Export for fiduciaries & tax advisors

Role and user management

Products

Below is an overview of popular open-source software in the category «Open-Source Accounting Software». The list is sorted alphabetically.

Well-known proprietary examples include Abacus, Bexio, Billomat, DATEV, FastBill, KLARA, Lexware Office, Oracle NetSuite, QuickBooks, Run my Accounts, Sage, SelectLine, sevdesk, Swiss21 and weclapp.