GnuCash

GnuCash is an easy to use, yet powerful and flexible personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows which allows the users to track bank accounts, stocks, income and expenses and also is a quick and intuitive to use as a checkbook register that is based on professional accounting principles to ensure balanced books and accurate reports.

GnuCash offers features such as Small business accounting features, multiple currencies, stock/mutual fund portfolios, online stock & mutual fund quotes, experimental database support, QIF and OFX import, HBCI support, multiplatform, localization, transaction finder, check printing, mortgage & loan repayment assistant and user manual and help.

The GnuCash checkbook-style register provides a custom, convenient and familiar interface to entering financial transactions and supports common checking and credit-card transactions, as well as income, stock and currency transactions. GnuCash checkbook-style register has the ability to enter split transactions, mark a transaction as cleared or reconciled, autofill of entered transactions, display multiple accounts in a single register window, displays all of the relevant account's balance information and an option to customize the appearance and the display style.

GnuCash gives users a tool to manage their business' budget such as using A/Receivable and A/Payable accounts where they can manage payrolls for their employees. GnuCash is also the first free software application to support the OFX (Open Financial Exchange) protocol that many banks and financial services are starting to use where a transaction matching system ensures that duplicate transactions are accurately recognized and automatically deleted during file import.

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