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Jun 26, 2007

Comparison of accounting software

Free, Open Source Software
Name Intended audience Platform Features Notes
Adempiere Mid-market Java, Web-based Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Job Costing, Time and Billing, Point of Sale, User Interface and Database Customization, Support for multiple accounting schemas, languages and currencies. Fully integrated ERP, CRM, SCM, POS, e-commerce, and accounting software. Adempiere is integrated open source - community maintained version of Compiere - ERP, CRM, POS, supply chain management and accounting software made for small to medium enterprises.
Compiere Mid-market Java, Web-based Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Job Costing, Time and Billing, Point of Sale, User Interface and Database Customization, Support for multiple accounting schemas, languages and currencies. Integrated ERP, CRM, SCM, POS, e-commerce, and accounting software. Compiere is fully integrated open source ERP, CRM, POS, supply chain management and accounting software made for small to medium enterprises.
WebERP Small to Mid-Market PHP, Web-based Accounts Payable, Accounts Recievable, General Ledger, Purchasing, Invoicing, Inventory, Manufacturing, multiple languages. WebERP is a quickly implemented web based ERP solution that is easily customizable.
GnuCash Personal Linux (GNOME), FreeBSD, Solaris, Mac OS X, Windows in Development Double-entry accounting, QIF/OFX/HCBI import, currency translation, support for multiple languages and currencies
Grisbi Personal Linux, Windows, Mac OS X QIF/OFX/CSV import, qif/csv export only accounts not transactions,support for multiple languages and currencies
JGnash Personal Any operating system which has Java Account Reconciliation, Advanced Server/Client Networking Architecture, Automatic Online Updates of Stock Prices and Currency Exchange Rates, Customizable User Interface, Double-Entry Based Transactions, Fast Auto-Completion of Form Fields, Imports both QIF and GnuCash Files, Report Generation in PDF Format, Schedule Recurring Payment Reminders, Secure File Encryption, Scriptable through BeanShell, Support for Multiple Currencies, Track Investment Accounts and Transactions. Very good software, uses xml as data engine. Transaction search not supported at present. Bulk account assignment to transctions not supported
JMoney Personal Any operating system which has Java
KMyMoney Personal Linux (KDE), FreeBSD, Solaris, Mac OS X QIF/GNUCash/OFX import, support for multiple languages and currencies
LedgerSMB Mid-market Web based, command line Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Job Costing, Point of Sale, User Interface Customization, Support for multiple languages and currencies. Recent fork of SQL-Ledger
phpCompta Low-end to Mid-market Web based accounting, invoicing, customer follow-up, reporting, mailing-tracker, multi-company and multi-user, stock management Focused on Belgium and France
phpOrganisation Low-end Web based accounting, invoicing, PAYE and project management applications Focused on the UK
Quasar Accounting Gnu/Linux, Windows
SQL Ledger Mid-market Web based, command line Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Job Costing, Point of Sale, User Interface Customization, Support for multiple languages and currencies.
Tiny ERP Mid-market Linux, Windows, Mac OS X Accounting (analytic and financial), stock management, sales and purchases management, tasks automation, marketing campaigns, help desk, POS, etc. Technical features include a distributed server, flexible workflows, an object database, a dynamic GUI, customizable reports, and XML-RPC interfaces.
TurboCASH Low-end to mid-market Windows Debtors, creditors, general ledger, full stock control, VAT accounting, invoicing, bank reconciliation, trial balance, balance sheet and income statements, full reporting and analysis, as well as multi-company and multi-user capabilities. Open Source, integrates with osCommerce and Zen Cart
osFinancials Low-end to mid-market Windows Fork of Turbocash Open Source, integrates with osCommerce and Zen Cart and VTiger


[edit] Proprietary Software for Purchase
Name List Price (USD) Intended audience Platform Features Notes
24SevenOffice $ Low-End, Mid-market Web-based Accounts Payable, Accounts Receivable, General Ledger, Aimed at allowing collaboration between accountants and their clients. Software as a Service
Easylife $ Low-End, Mid-market Desktop Specially Made for Indian Investor who are investing their money in different insruments like Stock Market, Mutual Fund, PPF, Post Office Savings etc. Personal Finance cum Portfolio Managment Software. Easylife is Specially made for Indian Investor
ACCPAC Modules from $595 upwards Mid-market Windows and Web-based Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Payroll, Job Costing, Time and Billing, Point of Sale, User Interface and Database Customization, Support for multiple languages (English, French, Chinese) and currencies. Pervasive, DB2, SQL Server or Oracle databases.
ALERE Accounting $ Small to Mid-market Windows and SQL Server Manager, Sales/Accounts Receivable, Purchase/Payables, General Ledger, Inventory, Configuration, User Interface and User Customization, Support for multiple languages and industry specific terminology. Since 1983 TIW Technology has been providing software solutions for businesses.
Baan $ High-end
CODA $ High-end and Mid-market Windows and Webbased Unix / MSQL Oracle Sybase Financial Management Software and services that help organizations streamline and automate their finance processes (from accounting and procurement tot reporting and analysis) and to achieve better compliance and corporate governance. Software for profit, non-profit and governmental organisations
Compeat $ Restaurant management Windows Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, POS integration, Payroll. Vertical market product for the restaurant industry.
Cougar Mountain Software $ Small to Medium Sized Businesses Windows and Web-based All modules are fully integrated. Modules include Point of Sale Accounting (Retail), Nonprofit Accounting, Accounts Payable, Accounts Receivable, General Ledger, Payroll, Inventory Control for Multi-Locations, Bank Reconciliation, Purchase Order, e-Commerce, Specialty Shop, and Manufacturing (Job Costing). Cougar Mountain Software has been providing businesses with integrated accounting solutions for 25 years.
CYMA Systems $ Mid-market, Non-Profit, Inventory, Government contractors Windows Inventory control, Job Project cost accounting, in house Payroll, general accounting (AP,AR,GL,PO,Order Entry) with accounts, customers, employees. Grant Tracking and FASB117 reporting for Non-Profit accounting. Founded in 1980, CYMA Systems, Inc. is one of the oldest continuously operated personal computer accounting software companies in the United States
FirstOffice Local pricing, typically 100-300 EUR for single user system Small Business Windows, Mac OS X, Linux, Symbian Cross platform, WAN, PDAs English, German, French, Spanish, Italian, Portuguese, Swedish, Danish, Norwegian, Finnish, Estonian,Latvian, Lithuanian, Russian, Ukrainian, Polish, Czech, Slovak, Hungarian, Romanian, Slovenian, Serbian, Croatian, Persian, Arabic, Hebrew versions
HansaWorld Typically 1500 EUR per user including installation Mid-market Windows, Mac OS X, Linux, OS 400, Symbian Cross platform, support for multiple languages and currencies, WAN, PDAs English, German, French, Spanish, Italian, Portuguese, Swedish, Danish, Norwegian, Finnish, Estonian,Latvian, Lithuanian, Russian, Ukrainian, Polish, Czech, Slovak, Hungarian, Romanian, Slovenian, Serbian, Croatian, Persian, Arabic, Hebrew versions
Lawson Software $ High-end
Mamut Software Limited $ Small to Mid-market Windows (Vista ready) Accounts Payable, Accounts Receivable, General Ledger, Purchasing, Invoicing, Inventory, Job Costing, Time and Billing, User Interface Customisation, Support for multiple VAT schemas, languages and currencies. Fully integrated ERP, CRM, e-commerce and accounting software. Also available with module for Point of Sale, Payroll, Business Intelligence and Online backup Mamut has won the UK Small Business Software of the Year Award for an unprecedented three years running, as well as numerous other prestigious industry awards. Accredited by ICAEW for accounts and Inland Revenue for payroll.
Microsoft Dynamics AX $ A member of the Microsoft Dynamics family of products
Microsoft Dynamics GP $ A member of the Microsoft Dynamics family of products
Microsoft Dynamics NAV $ A member of the Microsoft Dynamics family of products
Microsoft Dynamics SL $ Mid-market Windows and Web-based clients. Microsoft SQL Server database. Visual Basic Development language. Business and financials solutions optimised for Microsoft SQL Server with over 40 integrated modules including GL, AP, AR, Payroll, Project Accounting, Multi-Company, Multi-Currency, Customization Manager, Reporting, Microsoft Office Integration, Time and Expense Entry, Business Portal and more. A member of the Microsoft Dynamics family of products
Microsoft Money $ Personal
Microsoft Small Business Accounting $ Low-end
Moneydance $ Personal Finance Manager Java Online Banking, Budget Management, Transaction Scheduling, Portfolio Management, Reports and Graphs, Import/Export of Quicken and MS-Money data, International Support, Reminders
MYOB $ Low-end Windows and Mac
Bookkeeping, Sales, Receivables, Payables, Banking, Contact Management, Inventory, Payroll, Time Billing, Credit Card Processing, Job Tracking, Multi-user

NetSuite $ Mid-market Web-Based CRM, ERP, ecommerce, customer support, accounting, sales force automation, partner relationship management, inventory management, and marketing automation Software as a Service
Oracle Applications $ High-end Now owner of PeopleSoft and through it also J.D. Edwards
Peachtree by Sage First Accounting $69.99 Low-end Windows 2000/XP/Vista Business management software for small businesses. Published by Sage Software.
Peachtree by Sage Pro Accounting $169.99 Low-end Windows 2000/XP/Vista Business management software for small businesses including inventory and payroll. Published by Sage Software.
Peachtree by Sage Complete Accounting $269.99 Low-end Windows 2000/XP/Vista Business management software for small businesses. Includes features from Pro Accounting plus job costing, time and billing, and fixed assets. Published by Sage Software.
Peachtree by Sage Premium Accounting $459.99-$599.99 Low-end Windows 2000/XP/Vista Business management software for small businesses. Includes features from Complete Accounting plus serialized inventory, consolidation, Crystal Reports, and Terminal Services. Industry Solutions include Accountant's Edition, Construction, Manufacturing, Distribution, and Nonprofits. Published by Sage Software.
Peachtree by Sage Quantum $3375.00 Low-end to Mid-Market Windows 2000/XP/Vista Business management software for small to medium businesses. Includes features from Premium Accounting and all Industry Solutions plus 10 network users, increased speed and performance, one year unlimited support. Published by Sage Software.
Pegasus Software Opera II $ Mid-market Windows accounting, business intelligence, inventory, order processing, MRP, Payroll Opera II is accredited by the Institute of Chartered Accountants England & Wales, Pegasus Software is a subsidiary business of the UK based Systems Union Group PLC.
PiggyBob $7.95-$19.95 Personal Windows accounting, calendar Personal accounting system with a printable electronic calendar.
PowerPlan Consultants (PowerPlant and PowerTax) $ High-end Windows Fixed assets, project management, property taxes, deferred taxes, capital budgeting, charge validations, and other asset intensive functionality Focused largely on publicly held utilities
QuickBooks $100 - $7,500 Low-end Windows, Mac Intuit's "Business Accounting solution"
Quicken $ Personal Newer versions no longer supports QIF. beware of vendor lockin, transaction export in qif format not supported, still using engine created in early 90s
Sage $ Accounting Firms Windows CRM, compliance, time & billing, payroll & website package.
Sage Line 50 $ Low-market (for SME) Windows only It is one of the commonest accounting applications in the UK for SME (up to 100 employees). Other software including MMS, Sage 200, Line 500 and Sage 1000 for larger, enterprise level companies.
SAP R/3 $ High-end
Simply Accounting $ Low-end Windows Manufacturer: Sage Software
Tally $ Mid-market Windows, RedHat Linux Multi-lingual codeless flexible Business Accounting & Inventory Software in English and major Indian languages. Supports multiple stock valuation, payroll processing and parallel cost classification.

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