What has been your experience with open source free accounting software packages?
I was wondering if anyone on SavvySME has experience with any of the following open sourced free accounting software packages: Adempiere, FrontAccounting, Gnucash, Ledgersmb, Openbravo, Community, Tryton, Turbocash, Weberp?
What do you think of in comparison to the likes of MYOB, Xero, Microsoft Dynamics, Microsoft Money, Oracle E-Business Suite, Quickbooks, Quicken, Sage, or SAP.
I am not sure of the purpose of this question. The range of Open Source Apps you list range from those suitable for micro businesses (Gnucash / Turbocash) all the way through to medium/large organisations (Adempiere).
Similarly the paid for solutions range from SME (Quicken / MYOB / Xero) through to enterprise solutions (Oracle / SAP).
If you are looking for a software application for your business you will make the selection process much easier by identifying the features you need for your business first, then identifying a (small) number of applications that might meet your requirements. Then compare between those.
Whether they are locally installed or cloud, open source or not is generally of less importance than how well the features of the program you select meet your needs. I have written a guide to assist with making this selection, it is available as a free download from my website,
If you need a free accounting software package for your small business but don't have much room in your budget, there are loads of free open-source accounting software packages available (like the ones you listed above) that can be customised to meet your business requirements and needs.
1. ADempiere combines CRM, enterprise planning and supply chain management and POS solutions. The tool is particularly good for SMEs in the production industry.
2. FrontAccounting is highly suited to small businesses and has solutions for accounts payable/receivable and inventory among much more.
3. GnuCash software is great for small sole trader businesses and personal accounting. It has solutions for bank account tracking and monitoring income and outgoings via a very user-friendly interface. GnuCash doesn't have as many features as other free accounting software, but it provides everything you need for a relatively simple business.
4. OpenBravo offers a cloud-based and mobile platform and is a great option for medium-sized businesses that need solutions to track inventory, logistics, supply and demand forecasting and store operations.
All of the free open-source software programs mentioned above allow you to tailor the software to suit your needs. Sure, bigger names such as Xero, MYOB and Quickbooks provide more robust and extensive accounting solutions, but it's certainly worth exploring some of the free options mentioned above!
I know one software www.eazybooks.com.au.
Its good if you are startup and its free.