GitFounders6 Open Source Alternatives to Quickbooks
A list of 6 carefully selected open-source alternatives to Quickbooks.
The open-source alternatives are ranked based on our custom ranking system and score. This system takes into account various factors to determine the best alternatives.
If you’re looking for alternative features or workflows, here is a prepared detailed list of Quickbooks open-source alternatives — each with its own distinctive strengths and key features.
Crater is an open source invoicing solution designed for individuals and businesses seeking a robust, all-in-one financial management tool. It streamlines tasks such as invoicing, payments, lending, and accounting automation to help users manage cash flow and financial operations efficiently.
Key Features
- Intuitive invoicing and billing workflows
- Embedded general ledger for comprehensive financial tracking
- AI-powered Financial Copilot for instant answers and report generation
- Seamless payments integration with card and ACH support
- Robust APIs and customizable SDKs for developers
- Easy integration with QuickBooks, Xero, and other accounting tools
Crater consolidates invoicing workflows, bill payments, and working capital tools into a single platform. It features embedded general ledger functionality for holistic financial tracking, an AI-powered Financial Copilot for quick insights, and seamless integration with popular accounting software via robust APIs and SDKs, making it ideal for developers and businesses alike.
Formance is an open source infrastructure that modernizes financial operations by empowering developers to build and scale bespoke financial backends. Its modular suite of primitives and agnostic integration with any financial partner provide unprecedented control over money flows.
Key Features
- Open source financial primitives for bespoke money flows
- 100% agnostic integration with any financial provider
- Modular and extensible architecture tailored for custom applications
- Enterprise-grade security with SOC 2 and ISO 27001 certifications
- Flexible deployment options: cloud hosted, hybrid, or self-hosted
- Developer-first design enabling full programmability
Formance transforms legacy financial systems with its programmable ledger, extensive connectivity, and flows modules, allowing engineering teams to build customizable financial features. With options for cloud or self-hosted deployment, the platform offers complete ownership, enterprise-grade security, and a unified data layer to power innovative financial applications without vendor lock-in.
Bigcapital is an open-source online accounting software designed to automate financial processes and deliver intelligent reporting for faster decision-making. It serves as a robust alternative to popular tools like Quickbooks and Xero, providing comprehensive features for modern businesses.
Key Features
- Automated bookkeeping and invoicing
- Intelligent financial reporting and smart insights
- Inventory tracking with automatic stock updates
- Multi-currency accounting with real-time exchange rate conversions
- Role-based user permissions for team collaboration
- Cloud-based access and secure data storage
Bigcapital streamlines business financial processes by automating bookkeeping, invoicing, and bank integrations. It offers role-based access for collaborative accounting, smart inventory tracking, multi-currency transactions, and detailed financial reporting. The cloud-based platform securely stores your data, ensuring accessibility from anywhere while providing continuous support.
Akaunting is a free, open-source online accounting software designed specifically for small businesses and freelancers. It offers comprehensive financial management tools including invoicing, expense tracking, and multi-currency support. With both cloud-hosted and self-hosted options, Akaunting empowers users to manage their finances securely and efficiently.
Key Features
- Free and open-source accounting solution
- Supports both cloud-hosted and on-premise installations
- Comprehensive tools for invoicing, expense tracking, and reporting
- Multi-currency and multi-company support
- Client portal for easy transaction management
- Modern, secure interface with customizable dashboards
Akaunting simplifies accounting by providing a robust platform where users can manage bank accounts, track invoices, and monitor expenses in real time. Its user-friendly interface, powerful reporting tools, and client portal help streamline bookkeeping and enhance cash flow visibility. The software supports recurring transactions, multi-company management, and a suite of add-on apps built with modern technologies ensuring complete financial data ownership.
Invoice Ninja is a source-available invoicing, quote, project, and time-tracking app built with Laravel designed for freelancers and small businesses. It simplifies billing processes by offering professional invoice creation, automated reminders, and seamless online payment integrations.
Key Features
- Free plan available for up to 5 clients with unlimited invoicing
- Multiple professional, customizable invoice templates
- Online payments integration (Stripe, PayPal, and more)
- Project, time, expense, and vendor management tools
- Automated workflows including recurring invoicing and payment reminders
- API access and integration with hundreds of apps
Invoice Ninja enables users to create and send professional invoices and quotes while tracking projects, tasks, and expenses in real time. The platform supports automated workflows including recurring invoicing and auto-billing, and integrates with multiple payment gateways, bank accounts, and third-party apps via Zapier and similar tools. It also offers a customizable client portal to help manage payments and communication effectively.
monetr is a modern budgeting application focused on recurring expenses and comprehensive financial planning. It empowers users to manage their finances effectively through flexible tracking and forecasting tools.
Key Features
- Track recurring expenses on flexible intervals
- Forecast your financial future
- Automated bank connectivity via Plaid
- Manual OFX transaction uploads
- Mobile-friendly and adaptable design
- Self-hosting for enhanced data privacy
- Open-source with community collaboration
monetr helps you take control of your finances paycheck by paycheck by allowing you to plan for and track recurring expenses. The application enables precise budgeting with features such as manual OFX transaction uploads and secure bank connections via Plaid. Its mobile-friendly design and self-hosting option ensure your data remains private, while the open-source nature offers transparency and community collaboration.
Price comparison of Quickbooks open-source alternatives
| Tool | Tier 1 | Tier 2 | Tier 3 | Details |
|---|---|---|---|---|
 | - Community | - Enterprise | - | Learn more |
 | $20 Capital Basic | $40 Capital Essential | $55 Capital Plus | Learn more |
 | $8 Standard Cloud | - Standard On-Premise | - | Learn more |
 | $0 Free | $12 Ninja Pro | $16 Enterprise | Learn more |
 | $0 You Host It | $4 We Host It | - | Learn more |
* Pricing shown is based on publicly available information and may not reflect current rates. Visit each tool's website for detailed pricing information and additional tiers.
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