![]() Factors to consider when choosing a solutionĬhanging accounting software can be a time consuming process and require all the users to learn a lot of new things. Even for a one-man-band, freelancer or contractor, using a solution like this is hugely more productive than trying to track bills in a spreadsheet. ![]() Software promoted for business goes beyond the core ledger functionality and provides helpful ways to keep track of which bills you already paid, which are due imminently and which customers haven't paid you. Once you become familiar with double-entry accounting (which doesn't require much more than basic arithmetic skills and remembering the distinction between a debit and a credit) it is unlikely you would ever want to go back to a spreadsheet.Īccounting software promoted for personal/home users often provides a very basic ledger where you can distinguish how much cash goes to rent, how much to food and how much to the tax man. Personally, I have been tracking my personal and business accounts using a double-entry accounting system since I started doing freelance work about the same time I started university. There are a diverse range of free software solutions for accounting. ).Comparison of free, open source accounting software
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