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GnuCash is a powerful financial-accounting app that is designed to help you with all manner of financial related tasks. The app can be used to keep track of all your financial operations from your bank accounts, stocks and other income and expenses.
GnuCash supports databases including PostgreSQL, SQLite3 and MySQL (backend XML). Note, the default storage is a gzipped XML file and that using a SQL database instead is optional. Note, the default storage is a gzipped XML file and that using a SQL database instead is optional. In addition the GnuCash for Mac app bundle supports only SQLite3 out-of-the-box; users of MySQL or Postgresql will have to build and install a dbd driver.
Key Features include:
- Double entry accounting.
- Online banking support.
- Multiple currency support.
- Checkbook style registry.
- Reporting tools.
- Mutual fund and stock portfolios.
- Income and expense account management.
- HBCI support.
- General accounting ledgers.
- Vendor and customer tracking.
- OFX and QIF support.
- Statement reconciliations.
- Bill payments and invoicing.
GnuCash has been designed to be easy to use, flexible and powerful. It feels quick and intuitive to use and has a solid base around professional accounting principles, therefore it is able to provide balanced books and accurate reports.
Overall, GnuCash is well presented and contains a diverse array of accounting features such as multiple currency support, double entry accounting and invoicing. On the downside, the integrations with tax software comes up short, however it can support some online banking services.
