This makes it easy to migrate to Skrooge from other money management software (and vice versa).
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Whether this means making and sticking to a budget, reducing unnecessary expenses, or simply getting a better understanding of their financial situation, pretty much any approach to personal finance is dependent on having a good idea of the numbers inside a persons bank accounts, where they come from, and where they go. Do you primarily make purchases electronically, or do you rely heavily on cash Is archiving and organizing receipts important for you come tax time Do you operate a small business and need a more powerful tool that can manage the more complex finances of sales, customers, employees, and business expenses Or do you use multiple currencies (perhaps Bitcoin) and want to keep track of those values as well. ![]() Lets take a look at five popular options for open source financial software tools, and a sixth option as wellold-fashioned spreadsheets. Each of these tools was designed with Linux in mind, but there are builds for other operating systems as well. GnuCash is a reasonably full-featured accounting application that is suitable for both personal use and managing a small business. Best 2018 Perosnal Finance Able Software Mac Ports AvailableFirst released in 1998, GnuCash is a stable option packaged for most major Linux distributions with Windows and Mac ports available. ![]() While not the kitchen sink, it can handle most financial needs readily out of the box. The mobile app makes it easy for you to track expenses on the go and import them into the desktop version for more detailed management (although, unfortunately, it does not provide direct syncing). Given its long and complex history, portions of the code are made available under a number of mutually compatible licenses, primarily the GPL, but the code repository has the full details. Best 2018 Perosnal Finance Able Software Install Via AMost Linux users can find a packaged version in their usual repositories, and Windows users can install via a direct download. While it doesnt offer some of the small business features found in GnuCash or other personal finance managers, this might actually make it easier for an individual who doesnt want to be overwhelmed with unneeded options. While designed for Linux, it has been successfully ported to Windows and Mac OS as well. In addition to running on the typical platforms (Windows, Linux, and MacOS), theres also a mobile application, and cloud synchronization allows you to track your finances across devices. If youd rather not install the software on your computer, you can run it directly from a USB key. Financial data is stored in a non-proprietary SQLite Database protected with AES encryption. For example, you can use it to track checking, savings, credit card, and stock accounts, as well as fixed assets and recurring transactions; generate financial reports; and create budgets. It imports and exports QIF and CSV data, and also exports to HTML. Its available in 24 languages and supports multiple currencies. It can import data in a wide variety of formats; the usual QIF and CSV, but also QFX and other formats used by banks, as well as KMY (KMyMoney), SQLITE, GNC (GnuCash), GSB (Grisbi), XHB (Homebank), MMB (Money Manager Ex), and MNY (Microsoft Money). Data can be exported in QIF and CSV, as well as KMY, JSON, and XML.
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