Open Source Accounting Software
One of the primary uses of computers today is money management. Whether managing business or personal funds, accounting software can help keep things organized. Many people turn to open source accounting software as an alternative to the wide range of commercial options available. Open source accounting software runs on Windows, Mac and Linux operating systems most often.
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Benefits
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Open source accounting software has a few benefits. Because the software is open source, it can be customized to meet the user's needs. In addition, many open source programs are free or low cost. Finally, open source software is often supported by the community of users and developers. Therefore, as customizations become more widely used or requested, they can be quickly integrated into the software as standard features.
Disadvantages
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While open source accounting software offers some benefits, there are some disadvantages as well. The open source community is often a volunteer community. That means that when you need help, you are at the mercy of community availability. If the user or developer community has moved on to some other software, there may be no one to help you with your issues. In addition, open source software may be unstable at times. Because there is no paying base of users supporting the development efforts, features may be prematurely launched and users may have to suffer through bugs.
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Features
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Open source accounting software performs basic accounting tasks needed by home and small business users. This includes contact management, accounts receivable, accounts payable, invoicing, calculations and other money transactions. In addition, open source accounting software can manage inventory.
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References
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