--- description: Review of GnuCash Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: GnuCash | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [CPA Accounting Software](/directory/287/cpa-software/software) > [GnuCash](/software/78759/gnucash) # GnuCash Canonical: https://www.softwareadvice.com.au/software/78759/gnucash Page: 1 / 3\ Next: [Next page](https://www.softwareadvice.com.au/software/78759/gnucash?page=2) > GnuCash is on-premise accounting software that allows small businesses to track bank accounts, stocks, income and expenses. It is primarily designed to assist contractors and business owners with digital invoicing and internal billing. Key features of GnuCash include financial calculations, balance-sheet creation, multiple currency accounts and vendor management. The scheduling module lets firms set up recurring transactions and send automated reminders on due dates. With the Income/Expense account tool, users can categorize cash flow and generate a profit and loss report. Further, the portfolio feature monitors stock markets and compiles relevant information from online sources. GnuCash supports the open financial exchange (OFX) protocol and imports Quicken interchange format (QIF) files using an assistant. The solution comes with a mobile application for Android devices and support is offered via email. > > Verdict: Rated **4.5/5** by 53 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.5/5** | 53 Reviews | | Ease of Use | 3.9/5 | Based on overall reviews | | Customer Support | 3.1/5 | Based on overall reviews | | Value for Money | 4.7/5 | Based on overall reviews | | Features | 4.2/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: GnuCash ## Commercial Context - **Pricing model**: (Free version available) - **Pricing Details**: Completely free of use. Possibility to support by making donations. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Mac (Desktop), Windows (Desktop), Windows (On-Premise), Linux (On-Premise) - **Supported Languages**: English - **Available Countries**: Argentina ## Features - Accounting - Accounts Payable - Accounts Receivable - Approval Process Control - Bank Reconciliation - Budgeting/Forecasting - Expense Tracking - Financial Analysis - Financial Management - Financial Reporting - General Ledger - Income & Balance Sheet - Invoice Processing - Multi-Currency - Payroll Management - Profit/Loss Statement - Reminders - Transaction Management - Vendor Management ## Category - [CPA Accounting Software](https://www.softwareadvice.com.au/directory/287/cpa-software/software) ## Related Categories - [CPA Accounting Software](https://www.softwareadvice.com.au/directory/287/cpa-software/software) - [Bank Accounting Software](https://www.softwareadvice.com.au/directory/291/banking-mortgage-software/software) - [Medical Accounting Software](https://www.softwareadvice.com.au/directory/299/healthcare-social-services-software/software) - [Small Business Accounting Software](https://www.softwareadvice.com.au/directory/506/small-business/software) - [Accounts Payable Software](https://www.softwareadvice.com.au/directory/1851/accounts-payable/software) ## Alternatives 1. [QuickBooks Online](https://www.softwareadvice.com.au/software/393202/quickbooks-online) — 4.3/5 (8393 reviews) 2. [Xero](https://www.softwareadvice.com.au/software/2976/xero) — 4.4/5 (3273 reviews) 3. [NetSuite](https://www.softwareadvice.com.au/software/25483/netsuite-wholesale-distribution-edition) — 4.2/5 (2003 reviews) 4. [QuickBooks Desktop](https://www.softwareadvice.com.au/software/17316/quickbooks-pro) — 4.4/5 (2551 reviews) 5. [QuickBooks Enterprise](https://www.softwareadvice.com.au/software/49801/qb-enterprise) — 4.5/5 (20613 reviews) ## Reviews ### "GnuCash accounting software" — 5.0/5 > **Ionel Razvan** | *8 April 2020* | Computer Hardware | Recommendation rating: 10.0/10 > > **Pros**: A very good software for personal accounting, and for business accounting too. I am using it for my personal income/expense balance. > > **Cons**: I had troubles to use it on Mac OS X. I almost lost all my accounting details. Lucky me that I use an automatic backup solution. > > I have a monthly clear income/expense balance, so I know what expenses should be avoided or are needed. ----- ### "It's a free, professional, accounting software, kind of usable for personal finance" — 4.0/5 > **Verified Reviewer** | *20 March 2018* | Recommendation rating: 6.0/10 > > **Pros**: I use it to keep my personal finance. It's also a professional tool so it has many features that I will probably never use, but they don't get much in the way. Double entry is a powerful tool when you get the grasps of it, making it possible to bind together transactions between more than two accounts. It can also track stock prices and it's possible to update them with some setup. Charts and reports are available and very flexible. It's free and open source, so you can trust it with your numbers. There are mobile apps that help you not bringing around dozens of receipts to remember where you've spent your money. > > **Cons**: If you're not a professional accountant, you'll need some time to get used to "double entry", and I still get confused sometimes. The setup of stock prices update is definitely not easy (esp. on Linux). Charts and reports require quite some work to get the most out of them, the presets are not that insightful. The Android app I use (GnuCash for Android) is nice but the export/import procedure is annoying: in some cases, you even have to tell GnuCash which date format you're using, and you probably have no idea without checking in the XML file\! ----- ### "Robust free accounting software but support not that fast" — 3.0/5 > **SK** | *16 August 2018* | Information Services | Recommendation rating: 6.0/10 > > **Pros**: For those who are searching for a free accounting software for their individual or small business needs, GNUCash is perhaps the best given the robust features incorporated and a large community base. Being open source, the possibilities are endless for developers who can always add new codes to suit the needs. > > **Cons**: Unfortunately, the support is not fast if one faces a hurdle. As a user, if you want to post a query on their forum, you need to subscribe. In my case, I could not understand this condition and so my query was reverted back. GNUCash perhaps should address this point. I then posted my thread to another popular forum (StackExchange: Personal Finances \& Money) and received first reply only after one month\! > > For my business needs, I believe GNUCash is the answer though support when faced with a problem not always that fast. ----- ### "Works great, wish it had multi-user" — 4.0/5 > **Kevin** | *4 March 2019* | Consumer Services | Recommendation rating: 8.0/10 > > **Pros**: It is free, just a click to download and install on Windows. A quick install from the application manager in Linux/Debian/Ubuntu. > > **Cons**: It does not support multi-users. Meaning if you have the file open on one system, you can not open that company on another. So if you want two people to be able to invoice at the same time, they can't. > > I have been using it for years for my personal needs. I would recommend it to more customers / clients if it could be used on multiple systems. As it stands though, I have recommended it to numerous people that just have one person in accounting / sales / etc. ----- ### "Great open source accounting software" — 4.0/5 > **Verified Reviewer** | *20 December 2018* | Higher Education | Recommendation rating: 8.0/10 > > **Pros**: I can setup the accounting structure however I like. It uses double entry bookkeeping to keep track of income and expenses. Does a good job tracking investments and can calculate capital gains based on lots bought/sold for better accuracy. Lots of reporting features. > > **Cons**: Getting used to the double entry system took some time. It used to be able to get online quotes for stocks, but that feature no longer works well. Not their fault since Yahoo broke it, but there isn't a reliable fix yet. ----- Page: 1 / 3\ Next: [Next page](https://www.softwareadvice.com.au/software/78759/gnucash?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/78759/gnucash) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data