Free accounting software is available that may very well meet all of you accounting needs! Be sure that any products used for business purposes will create suitable audit trails to help avoid trying to recreate data at a later date. Also make sure that any accounting software used whether free or paid, will meet all of your needs both today and in the near future to avoid having to go through a possibly cumbersome upgrade down the road.
The following are some of the most popular free accounting software products available.
Free Accounting Software 2.0 One very popular free downloadable accounting product is Free Accounting Software 2.0 from Systems Online. Even though this Windows based program is free, it is still a complete multiuser, multicompany, and multibranch accounting, inventory, and customer management solution for business. Free Accounting includes: physical and non-physical inventory, invoicing, customers, contacts, vendors, inventory, sales, sales returns and credit memos, quotes, purchasing, and purchase returns. Furthermore it can handle complete AR and AP with all accounting functions and journals including general journal, inventory control journal, checkbooks, and bank reconciliation and deposits. This new version is a major upgrade with many valuable features including FIFO/LIFO and Average cost accounting! (To keep this product free you will be required to link to them on your web site. Otherwise you will be required to pay a small fee.)
Microsoft Office Accounting Express 2007 Another exciting product is Microsoft Office Accounting Express 2007. Microsoft promotes this new free product as, “Everything you need to make your small business idea flourish. Microsoft freeaccountsOffice Accounting 2007 is available in the U.S. only, as a free download or on a CD. An advantage to this product is that if your small business out grows the Express Version you can easily upgrade to the paid Professional Version.
Choice Accounting Choice Technologies provides this basic Choice Accounting Package as a free download anticipating that you will at some point purchase additional products and services from their company. It is very easy to master this program which is a full-featured accounting and bookkeeping system target to small businesses. It has a setup wizard that can create a dataset in just a few minutes.
Accounting Startup Edition Dynacom offers this Accounting Startup Edition free with one caveat, you are required to link to them in your emails and/or on your internet site. This should be easy for a small business to do especially if it is a https://www.freeaccounts.org
home based business that may not have a very formal website anyway. It includes all the basic accounting functions needed to manage your business efficiently: purchasing, sales, general ledger and banking. It even includes payroll! To make a great offer even better, it comes with no time or transaction limitation. Like other good free accounting software you can easily upgrade to a more advanced products if your business outgrows this program.
GnuCash Due to the increasing popularity of the Linux platform this product is worth mentioning. GnuCash is an Linux open source accounting application. In fact GnuCash is the leading free, open source accounting program for Linux. GnuCash is a functional replacement for many of the expensive accounting programs. This release is a new version for 2007!
Note: If you prefer one of the commercially available accounting products (QuickBooks, NetSuite, Peachtree, Simply Accounting) you can often find them available as 60 day trial versions.
For more information about the top free accounting software available including download links visit The author Dave Jacobs has had a love-hate relationship with computers ever since he purchased his first computer, a Commodore 64 in the early 80’s. Many years and a long learning curve have brought him to the point that he is able to share some of what he has learned, on a wide range of computer related topics. Dave also has an MBA degree with a marketing emphasis and has worked in a variety of management positions over the last 20 years