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Gnucash 5.6-1

Double-entry accounting program

Category: Finance
Price: Free
Popularity: Low
Version String: 5.6-1
Release Date: 2024-03-31
Architecture: Intel
Minimum OS: macOS 10.13.0
Vendor Name: Gnucash Contributors
Homepage: www.gnucash.org

Version History 5.6-1

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Description:

GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.

Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, stocks, income and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports.


Feature Highlights

✓ Double-Entry Accounting

✓ Stock/Bond/Mutual Fund Accounts

✓ Small-Business Accounting

✓ Reports, Graphs

✓ QIF/OFX/HBCI Import, Transaction Matching

✓ Scheduled Transactions

✓ Financial Calculations


Main features

◾ Double Entry
Every transaction must debit one account and credit others by an equal amount. This ensures the books balance: the difference between income and expenses exactly equals the sum of assets and liabilities.

◾ Checkbook-Style Register
The GnuCash checkbook-style register provides a custom, convenient and familiar interface to entering financial transactions.

The register supports common checking and credit-card transactions, as well as income, stock and currency transactions. The following features are also provided:

▪ The ability to enter split transactions
▪ The ability to mark a transaction as cleared or reconciled
▪ Autofill of entered transactions
▪ The ability to display multiple accounts in a single register window
▪ A summary bar that displays all of the relevant account's balance information
▪ Many options to customize the appearance and the display style

◾ Scheduled Transactions
You can create recurring transactions with a high level of customization of amounts and timeline. You can also set an automatic reminder when a transaction is due.

An assistant that runs when GnuCash is started allows scheduled transactions to be postponed without canceling or entering them before the due date.

Reports, Graphs

GnuCash has an integrated module to display graphs of your financial data in the form of:
• Barcharts
• Piecharts
• Scatter plots

GnuCash also comes complete with a full suite of standard and customizeable reports, such as:
• Balance Sheet
• Profit & Loss
• Portfolio Valuation
• and many others.

Graphs and reports can be highly and easily customized in appearance and contents, in order to fullfill every user's need.

◾ Statement Reconciliation
Account reconciliation allows the user to compare the transactions entered in an account against a bank statement. This operation is very useful to spot untracked transactions or data entry errors and ensure that your books match the bank's.

The GnuCash reconcile tool with running reconciled and cleared balances makes reconciling against bank statements an easy task.

◾ Income/Expense Account Types
Income/Expense Account Types (Categories) allow you to categorize your cash flow. When used properly with the double-entry feature and equity accounts, these enable you to generate reports, such as Profit & Loss, that plain-vanilla systems cannot handle.


Advanced features

◾ Small Business Accounting Features
Simplify managing a small business with Customer and Vendor tracking, Jobs, Invoicing and Bill Payment, and Tax and Billing Terms.

Using A/Receivable and A/Payable accounts you can even manage payrolls for your employees.

GnuCash gives you also a tool to manage your business' budget so that you can easily plan your financial strategy.

◾ Multiple Currencies
Different accounts can be denominated in different currencies. Currency movements between accounts are fully balanced when double-entry is enabled

◾ Stock/Mutual Fund Portfolios
Track stocks individually (one per account) or in portfolio of accounts (a group of accounts that can be displayed together).

◾ Online Stock & Mutual Fund Quotes
Get Stock & Mutual Fund quotes from various web sites, update portfolio automatically. Additional pricing sources are added regularly.


And more…