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Akaunting
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Review

Akaunting

Overview
Synopsis

Akaunting is a free and online accounting software designed for small businesses to manage their finances and stay on top of their cash flow. Invoicing, accepting online payments and keeping track of expenses couldn't be simpler.

Category

Accounting Software Free

Features

• Client Portal: Share the transactions and invoices with clients
• Unlimited attachments: Attach business files and/or receipts to invoices, expenses, payments for original evidence
• Billable expenses
• Multilingual Panel: Switch between languages easily, instantly
• Fine-grained permissions
• Deposits & transfers: Add deposits to and transfers between accounts

License

Proprietary

Price

• Free

Pricing

Subscription

Free Trial

Available

Users Size

Small (<50 employees), Medium (50 to 1000 Enterprise (>1001 employees)

Company

Akaunting

What is best?

• Billable expenses
• Multilingual Panel: Switch between languages easily, instantly
• Fine-grained permissions
• Deposits & transfers: Add deposits to and transfers between accounts

What are the benefits?

• Low System Requirements: Akaunting is able to run on affordable hosting with very basic requirements
• Out of the Box: Running and fully functional in no longer than five minutes
• Expense tracking: Keep track of mounting bills & expenses and the money flowing out
• Secure: Open Source software provides full privacy

PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
9.6
6.5
Features & Functionality
9.4
6.6
Advanced Features
9.4
7.1
Integration
9.5
7.3
Performance
9.5
6.0
Customer Support
9.6
6.3
Implementation
6.5
Renew & Recommend
6.5
Bottom Line

Akaunting is a free, open source and online accounting software designed for small businesses and freelancers and built with modern technologies.

9.5
Editor Rating
6.9
Aggregated User Rating
65 ratings
You have rated this

Akaunting is a free and online accounting software designed for small businesses to manage their finances and stay on top of their cash flow. Invoicing, accepting online payments and keeping track of expenses couldn't be simpler.

Akaunting is built with modern technologies such as Laravel, Bootstrap, jQuery, Swift Mailer, API etc. With Akaunting, access financials instantly from any device: Mac, PC, tablet or phone. Akaunting is an Open Source project with contributors from all over the world. Akaunting is hosted on GitHub and open for everyone to contribute. With Akaunting software, send professional invoices to clients and start accepting online payments, no commission/transaction fee. Create and manage bills so your finances are always accurate and healthy.

Know what and when to pay. Add non-billable expenses as payments in order to keep bank / cash account balances up-to-date. Create unlimited bank and cash accounts and track their opening and current balances. Manage the finances of multiple companies from one admin panel. Assign users to different companies. Set up different names for each tax, and link specific taxes to specific products or transactions to save time. Share the transactions and invoices with your clients and accept bulk payments, online.

Extend Akaunting without leaving the admin panel. Configure permissions on a Role level to protect and simplify management experience. Akaunting attempts to keep API change to a minimum in order to make apps compatible. It aims to be easy to learn and build upon, even for those with a minimal amount of technical knowledge. Akaunting is updated within one-click keeping the system fully functional.

You may like to read: Top Accounting Software, Top Free and Open Source Accounting Software and How to Select the Best Accounting Software for Your Business

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1 Reviews
  • Sudimu Sotasa
    August 28, 2019 at 8:13 am

    Oh Crap. What a buggy app..!

    What is best?

    Has any one noticed that,

    1) Balance Sheet in Double Entry system is completely wrong? App adds the credit and debit values up. I mean seriously?
    2) General Ledger also not showing correct values in Double Entry system?
    3) Profit and Loss statement useless after Journal Entries in Double Entry system?
    4) Many Revenues and Expenses in free part of app are missing from Journal Entry record entries in Double Entry system?
    5) Categories in Revenues and Expenses are set to Deposit and Others respectively when Journal Entry record entries made in Double Entry system?

    I had big debate with accountant and I was banking on Akaunting team saying how can they be wrong on such basic and fundamental points? But my accountant proved me wrong with examples. Now I realized how can an accountant be wrong, off course the developer can be wrong as he can't be better than a chartered accountant who lives on accounting.

    The whole Akaunting App as such is quite buggy. It takes more than 3 - 4 attempts before installation just because developer was just lazy not to handle situations smartly. Not a thoughtful development at all. App randomly will show blank pages at times. On most pages things are not really thoughtfully designed. I'm getting to a point that I'm desperate to either get these fixed urgently or find another ROBUST accounting open source self-hosted platform.

    Anyone faced such issues? And got any ideas how to fix them?

    What are the benefits?

    Has any one noticed that,

    1) Balance Sheet in Double Entry system is completely wrong? App adds the credit and debit values up. I mean seriously?
    2) General Ledger also not showing correct values in Double Entry system?
    3) Profit and Loss statement useless after Journal Entries in Double Entry system?
    4) Many Revenues and Expenses in free part of app are missing from Journal Entry record entries in Double Entry system?
    5) Categories in Revenues and Expenses are set to Deposit and Others respectively when Journal Entry record entries made in Double Entry system?

    I had big debate with accountant and I was banking on Akaunting team saying how can they be wrong on such basic and fundamental points? But my accountant proved me wrong with examples. Now I realized how can an accountant be wrong, off course the developer can be wrong as he can't be better than a chartered accountant who lives on accounting.

    The whole Akaunting App as such is quite buggy. It takes more than 3 - 4 attempts before installation just because developer was just lazy not to handle situations smartly. Not a thoughtful development at all. App randomly will show blank pages at times. On most pages things are not really thoughtfully designed. I'm getting to a point that I'm desperate to either get these fixed urgently or find another ROBUST accounting open source self-hosted platform.

    Anyone faced such issues? And got any ideas how to fix them?

    Company size

    Enterprise (>1001)

    User Role

    Super User

    User Industry

    Education

    ADDITIONAL INFORMATION
    Has any one noticed that,

    1) Balance Sheet in Double Entry system is completely wrong? App adds the credit and debit values up. I mean seriously?
    2) General Ledger also not showing correct values in Double Entry system?
    3) Profit and Loss statement useless after Journal Entries in Double Entry system?
    4) Many Revenues and Expenses in free part of app are missing from Journal Entry record entries in Double Entry system?
    5) Categories in Revenues and Expenses are set to Deposit and Others respectively when Journal Entry record entries made in Double Entry system?

    I had big debate with accountant and I was banking on Akaunting team saying how can they be wrong on such basic and fundamental points? But my accountant proved me wrong with examples. Now I realized how can an accountant be wrong, off course the developer can be wrong as he can’t be better than a chartered accountant who lives on accounting.

    The whole Akaunting App as such is quite buggy. It takes more than 3 – 4 attempts before installation just because developer was just lazy not to handle situations smartly. Not a thoughtful development at all. App randomly will show blank pages at times. On most pages things are not really thoughtfully designed. I’m getting to a point that I’m desperate to either get these fixed urgently or find another ROBUST accounting open source self-hosted platform.

    Anyone faced such issues? And got any ideas how to fix them?

Ease of use
Features & Functionality
Advanced Features
Integration
Performance
Customer Support
Implementation
Renew & Recommend

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