About Akaunting
Akaunting is a free, open-source, web-based accounting application built for small businesses and freelancers. It covers everyday bookkeeping—sending invoices, tracking expenses, and monitoring cash flow—while offering a marketplace model for add-ons when teams need more specialized workflows. Akaunting also highlights broad language support (50+ languages on its site), making it useful for globally distributed users who want an accounting option they can self-host or run online. Key capabilities: • Invoicing and payment tracking Expense categorization and bookkeeping basics Cash flow visibility across accounts Add-on marketplace for extensions Multi-language support and online access Best for: freelancers and SMBs that want open-source accounting they can customize.
Akaunting is a versatile and user-friendly accounting software solution designed to cater to the needs of small to medium-sized businesses, freelancers, and entrepreneurs seeking an efficient way to manage their finances. Since its launch in 2016, Akaunting has gained popularity for its comprehensive feature set, which includes invoicing, expense tracking, and financial reporting, all accessible through a cloud-based platform. One of Akaunting's standout features is its ability to handle multiple currencies, making it an excellent choice for businesses with international transactions. This multi-currency support, coupled with robust expense management tools, allows users to seamlessly track and categorize expenses, manage reimbursements, and handle tax calculations with ease. Additionally, Akaunting offers customizable invoicing options, enabling users to create, send, and manage invoices tailored to their specific needs, complete with online payment integrations for added convenience. The software's financial reporting capabilities are equally impressive, providing detailed insights through profit and loss statements, balance sheets, and cash flow reports, which are crucial for informed decision-making and financial planning.
Pros & Cons
- +• User-Friendly Interface: Intuitive design that simplifies complex accounting tasks.
- +• Flexible and Customizable: Offers extensive customization options for invoicing and reporting.
- +• Multi-Currency Support: Ideal for businesses with international transactions.
- +• Cost-Effective: Provides a robust free version with the option to upgrade for additional features.
- +• Open Source: Allows for extensive customization and community contributions.
- −• Limited Support Options: Lack of live chat and phone support may be a drawback for urgent issues.
- −• Feature Gaps in Free Version: Some advanced features are only available in the Pro version.
- −• Integration Limitations: May not support all third-party applications that some users require.
- −• Learning Curve for Advanced Features: Users may need time to fully understand and utilize advanced functionalities.
- −• Regional Features: Some localized features or support might be limited depending on the region.
Features
Key features
- • Invoicing
- Create, send, and manage invoices with customizable templates and payment options.
- • Expense Tracking
- Track and categorize expenses, and manage reimbursements effectively.
- • Financial Reporting
- Generate detailed financial reports, including profit and loss statements, balance sheets, and cash flow reports.
- • Multi-Currency Support
- Handle transactions and manage accounts in multiple currencies.
- • Client Portal
- Provide clients with a portal to view and pay invoices, track expenses, and access financial documents.
Additional features
- • Client Management
- Manage client information, track communication, and maintain contact records.
- • Supplier Management
- Manage supplier details and track purchases.
- • Bank Reconciliation
- Reconcile bank statements with accounting records.
- • Tax Management
- Handle tax calculations and manage VAT/GST.
- • User Roles and Permissions
- Set up different user roles and permissions for secure access control.
- • Mobile Access
- Access Akaunting via mobile devices with a responsive design.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About Akaunting
Akaunting is a free, open-source, web-based accounting application built for small businesses and freelancers. It covers everyday bookkeeping—sending invoices, tracking expenses, and monitoring cash flow—while offering a marketplace model for add-ons when teams need more specialized workflows. Akaunting also highlights broad language support (50+ languages on its site), making it useful for globally distributed users who want an accounting option they can self-host or run online. Key capabilities: • Invoicing and payment tracking Expense categorization and bookkeeping basics Cash flow visibility across accounts Add-on marketplace for extensions Multi-language support and online access Best for: freelancers and SMBs that want open-source accounting they can customize.
Akaunting Details
Akaunting's In-App Market Place
Does Akaunting have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
4
Mini Apps
Bank feeds
Double entry
CRM
Payroll
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), NZD (NZ$), INR (₹), CNY (¥), HKD (HK$), SGD (S$), SEK (kr), NOK (kr), DKK (kr), PLN (zł), MXN (Mex$), ARS ($), BRL (R$), ZAR (R), TRY (₺), AED (د.إ), SAR (SR), QAR (﷼), KRW (₩), THB (฿), IDR (Rp), MYR (RM), PHP (₱), RUB (₽)
Pros & Cons
- • User-Friendly Interface: Intuitive design that simplifies complex accounting tasks.
- • Flexible and Customizable: Offers extensive customization options for invoicing and reporting.
- • Multi-Currency Support: Ideal for businesses with international transactions.
- • Cost-Effective: Provides a robust free version with the option to upgrade for additional features.
- • Open Source: Allows for extensive customization and community contributions.
- • Limited Support Options: Lack of live chat and phone support may be a drawback for urgent issues.
- • Feature Gaps in Free Version: Some advanced features are only available in the Pro version.
- • Integration Limitations: May not support all third-party applications that some users require.
- • Learning Curve for Advanced Features: Users may need time to fully understand and utilize advanced functionalities.
- • Regional Features: Some localized features or support might be limited depending on the region.
Akaunting's Support Options
Documentation
https://akaunting.com/hc/docs/Akaunting's Alternatives
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