![]() The basic look of the software makes it favourable to me over the others that I have trialled e.g. It is the first personal finance software I have used and even though it takes little getting used to, I find it is fantastic at tracking transactions across many different accounts/pots of gold. Any help is welcome □īeen using GnuCash since March 2012 so 3 years now. These goals will take a lot of time though. true simultaneous multi-user support (which opens up the way to better cloud support). a rewrite of the core to c++, to get rid of a large legacy code base that is holding things backī. Normally by the end of this month a new bugfix release is expected. GnuCash has always been on long, slow release cycles. I agree good support on tablets and smartphones would be a great improvement.ģ. ![]() One could live with this if one is careful. The main drawback of the current software is that it won’t allow simultaneous multi-user access. Or you could store your data in a mysql or postgresql database which is accessible from multiple locations. And this issue can partially be worked around in several ways: you can store the gnucash dataset on a network drive accessible to multiple users on different locations. Some might feel using software for budgeting is overkill, but if we use software for calendars, todo lists, recipes, and even reminders, why not use one for budgeting too? Give it a try and let the GNUCash developers know what you think! Import statements from your banks to reconcile and check if your budgeting is correct.Generate reports, graphs, allowing you to analyse where you spend your money and if you need to cut back.Schedule future transactions – such as the rent or car insurance premium.GNUCash is feature-rich, allowing you to… the money you spend is debited from the required assets account and credited to the Expense account – Expenses:Dining, or Expenses:Groceries for example.Īs an example, this is what my somewhat depressing “Cash in wallet” panel looks like:.the money you earn is credited to your Assets – your Current Account or Savings Account (wherever your earnings are deposited). ![]() Once you get the gist, it becomes simple: “The Basics” is a chapter you’d probably like to read. If you have not taken a finance related course, or have forgotten how the system worked, the GNUCash documentation provides an excellent starting point. Maintaining your accounts requires some knowledge of the double ledger system. If you are looking for something more complicated, such as loans or investments, you can track them using GNUCash as well. It even boasts a list of common accounts to help you get started: GNUCash includes a “New accounts wizard” that helps users pick what they need. ![]()
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