The Best 15 Free and Useful financial accounting software

Accounting software is an application that records and processes your accounting transactions and maintains your accounting information within functional modules such as accounts payable, accounts receivable, payroll, and trial balance. Here is 15 Free financial accounting software.

Free and Useful financial accounting software

Apache OFBiz

Apache OFBiz is an open-source enterprise automation software that provides a suite of enterprise applications that integrate and automate many of an enterprise’s business processes.

Visit: Apache OFBiz


Bookyt is a simple yet powerful free financial accounting software that offers a double-entry bookkeeping system.

The software is built on Ruby on Rails and runs on Linux, OpenBSD, FreeBSD, Solaris, Mac OS X, and other Unix-like platforms.


  1. Customizable Accounts
  2. Booking Wizard
  3. Booking Templates
  4. Balance Sheet
  5. Invoicing and Accounts Receivable and payable

Visit: bookyt


BlueErp is a double-entry accounting and ERP software for small and medium-sized businesses.

It’s specially designed to give you a flexible and user-friendly interface that can easily work out of the box and be modified to suit specific needs.

visit : BlueErp


Compiere is open-source accounting software that helps your company adapt and meet the evolving needs of today’s rapidly changing business environment.

It gives you the financial information to make educated decisions that create a secure future for your enterprise.

visit: Compiere


FrontAccounting is a web-based accounting and ERP software package for small to medium-sized businesses.

It’s a multiuser, multilingual, and multicurrency supported accounting software written in PHP and uses MySQL as the database backend.


  1. Purchase and Sales Orders
  2. Goods Receivable Notes
  3. customer and Supplier Invoices/Credit Notes
  4. Account receivable and payable
  5. Deposits and Payments

Visit: FrontAccounting

GNU Enterprise (GNUe)

GNU Enterprise Small Business (GNUe-SB) is a set of accounting and production systems using the GNU Enterprise Application Framework.

It is designed to serve the needs of Small-to-Medium sized businesses. GNUe-SB provides functionality including General Ledger, Accounts Payables, Accounts Receivables, Payroll, etc.

Visit: GNU Enterprise Small Business


GnuCash is a personal and business accounting software released under the GNU GPL license.

It is specially designed to provide a user-friendly yet powerful and flexible user interface that allows you to track your bank accounts, stocks, income, and expenses.


  1. Double-Entry Accounting system
  2. Stock/Bond/Mutual Fund Accounts
  3. Small-Business Accounting
  4. QIF/OFX/HBCI Import
  5. Transaction Matching
  6. Reports
  7. Graphs
  8. Financial Calculations
  9. Scheduled Transactions

Visit: GnuCash

Grisbi – Personal finance manager

Grisbi is a personal finance manager on several platforms, including GNU/Linux and Windows.

The software is released under the GPL license, and its main motive is to provide the most simple and intuitive software for basic use. Users can manage multiple accounts, currencies, and users.

It manages third-party, expenditure, and receipt categories, as well as budgetary lines, financial years, and other information, making it quite adapted for associations.

Visit: Grisbi


HomeBank is a personal, easy-to-use, free accounting software specially used to manage and analyze your finance account in detail using powerful filtering tools and graphs.

Visit: HomeBank


JFire is an entirely free/open source ERP, CRM, and accounting software for business enterprises using the latest technology like EJB 3, JDO 2, and Eclipse RCP 3.3; and highly customizable.

JFire is a perfect accounting solution for your business needs like user management, online trade with business partners, points of sale, distribution channels forming a distribution network, store management, etc.

Visit: JFire free accounting and ERP software


Lazy8Ledger is open-source accounting software for personal use. Users can enter any bookkeeping activity and break out the activities to any number of accounts.

It’s 100% Unicode Compatible in all respects, so you could change any texts that appear anywhere in this program to any language on the web.

Visit: Lazy8Ledger


LedgerSMB is financial accounting software that allows you to track AR, AP, GL, and inventory control.

It’s specially designed to provide small and medium-sized companies with high-quality ERP and accounting capabilities.

Visit: LedgerSMB financial accounting program


TurboCASH is a Multiuser accounting system mainly designed for small and medium-sized businesses.

Its core function is a General ledger, posting transactions into accounts and producing financial reports.

It also supports a plugin architecture that allows the developer to develop the new plugin and extend the system.

Users can directly integrate TurboCASH with osCommerce, CRE Loaded, and Zen Cart.

Visit: TurboCASH


PhreeBooks accounting is an open-source web-based ERP system to provide a low-cost accounting solution for small business communities.

It is written in PHP and uses MySQL database backend to store data. As a result, PhreeBooks is platform-independent, browser independent, and easily translated into many languages.

Visit: PhreeBooks accounting


WebERP is a fully web-based accounting and business management system that offers a wide range of useful features which especially suitable for distributed businesses in wholesale, distribution, and manufacturing.

All reports are generated in PDF format for accurate positioning of text.

Visit: webERP – web-based accounting


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