CNET Editors' review
Although users with a solid grasp of financial management basics will get the most from this freeware program, GnuCash proved to be a capable tool for personal and small business accounting.
This freeware program's interface is bland but functional, and presents itself in a way that will be familiar to users who do their banking online. Various holdings (anything from checking accounts, to CDs, stocks and any other form of investment) are listed in a tree along the left side. Selecting an entry displays further details in a larger pane. At the top of the screen are various commands for actions, reports and tools. We found it a simple process to view spending reports, reconcile checking accounts, and other tasks.
Despite the overall simplicity of using the program, the sheer number of terms and actions may require a dictionary for some people. Fortunately, GnuCash has an excellent tutorial that outlines not only the program, but also financial terminology as well. And novice users will appreciate the wizard that walks you through the setup process.
GnuCash is an ongoing project and this isn't the latest release, but the developers warn that the 2.3 series is not stable and is for testing only, so stick with this earlier version. If you're overwhelmed by the number of personal accounts you're trying to manage, or you're trying to keep your small business on track financially, GnuCash is freeware you should try.
Publisher's Description
From The GnuCash Project:
GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL. It uses a check-book like register GUI to enter and track bank accounts, stocks, income and expenses. GnuCash is designed to be simple and easy to use but still based on formal accounting principles.
What's new in this version: Version 2.4.13 includes minor bug fixes.
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All versions:
3.1 starsout of 35 votes
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Current version:
4.0 starsout of 1 votes
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"A good deal as it is free but see cons below."
Version: GnuCash 2.4.13
Pros
Is powerful and provides ample scope to develop accounts as required to suit an individual or small business. However, it takes some time to get to understnad how it all works. But with perseverance a workable outcome ensues.
Cons
The script should be written in a programme that interfaces with say Excel or similar spreadsheets. Users should be able to export copy into the spreadsheet programme.
You should be able to print any page at will. Such as Screen shots. Only selected pages can be printed currently. The printing of journals with cheque details etc would be especially useful.Summary
Altogether it must be recognised that this is a work in progress involving a diverse group of people and this must be very demanding on their time. So as it is free one cannot complain and we should be very grateful for the commitment by the originators to aongoing devlopment and for the supply of this programme at no cost. Thank you.
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