Best free accounting software for beginners
Updated April 26, 2022

Best free accounting software for beginners

Bhabishya Bhatt | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Software Version

Free Cloud

Overall Satisfaction with Akaunting

I am using Akaunting to keep the accounting record of my websites. I'm using it to keep a record of my sales as well as purchases from my vendors. The software is super easy to use and can be installed into my own hosting as well which is cool and is also open source.

Pros

  • Easy to use.
  • Can be installed into own hosting.
  • Have lots of features.

Cons

  • They should make their add ons more cheaper.
  • And they should make few add ons free which are essential.
  • Akaunting has helped me a lot since I started using it.
It is very easy to use and get started with. It can be installed into my own hosting easily and is open source too which means I can add more features myself if I know programming.

Do you think Akaunting delivers good value for the price?

Yes

Are you happy with Akaunting's feature set?

Yes

Did Akaunting live up to sales and marketing promises?

Yes

Did implementation of Akaunting go as expected?

No

Would you buy Akaunting again?

Yes

Because I loved this software and I want others to know about it too, it will surely help many others who are searching for simple accounting software like I was searching some time ago.
I have never tried to call their support, but checking their documentation and FAQs, etc helped me a lot so they deserved this rating...
If anyone is searching for cloud-based Accounting software and have never used any accounting software before, then Akaunting is perfect for them. They can easily use it which will help me a lot. It has a beautiful UI and a simple one which makes it easy to use for everyone. A small business and a starting business are a good fit for this software.

Akaunting Feature Ratings

6.0
Accounts payable
3
Accounts receivable
5
Cash management
Not Rated
Bank reconciliation
Not Rated
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
9
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
5
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
8
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
8.5
Pricing
9
Order entry
8
Credit card processing
8
Cost of goods sold
9
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
8.3
Dashboards
9
Standard reports
7
Custom reports
9
10.0
API for custom integration
Not Rated
Plug-ins
10
7.0
Role-based user permissions
7
Single sign-on capability
Not Rated

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