GnuCash for Mac
GnuCash is a free software for small business and personal financial accounting. It runs on GNU/Linux, Mac, Windows, BSD and Solaris. It enables you to track your stocks, bank accounts, expenses and income. It helps you to secure accurate reports and balanced books using professional principles in accounting. It highlights functions such as stocks, bonds, mutual fund accounts, double-entry accounting, reports, graphs, small-business accounting, import of OFX/QIF/HBCI, transaction matching, financial calculations and scheduled transactions. It main features are: 1. Double Entry> Each transaction debits one account and credits the others with an equal amount to ensure a balanced book. The difference between income and expenses is exactly equal to the sum of liabilities and assets. 2. Checkbook-Style Register> You enter financial details and transactions on your register [provided with an interface] such as common credit card and checking transactions, stocks, income and currency transactions. It can split transactions, mark a transaction as reconciled or cleared, autofill entered transactions, display multiple accounts on a single window register, summary bar to display account balance, customize options for style display and appearance. 3. Scheduled Transactions> You can set reminders for transactions on their due dates. You can postpone them with the GnuCash assistant without re-entering or canceling them before due date. 4. Graphs/Charts> You can graph your financial data as barchart, piechart or scatter plots. You can customize your financial reports such as portfolio valuation, profit & loss, balance sheet, etc. 5. Statement Reconciliation> You can compare the bank’s statement with the transactions in your account to track error with data entry or untracked transactions. 6. Expense/Income Accounts: You can categorize your cash flow. You can generate reports when you use this feature with the double-entry accounting and equity accounts. Advanced features of GnuCash include: 1. Small Business Accounting> simplify management of your small business with jobs, invoicing and bills payment, customer and vendor tracking, tax and billing terms; manage employee’s payroll with a receivables and payables account; budget management for your financial plans. 2. Multiple Currencies> use double-entry to fully balance currency flows between accounts. 3. Mutual Fund/Stock Portfolio> track stocks per account [individually] or in portfolio [a group of accounts]. 4. Online Stock/ Mutual Fund Quotes> update your pricing sources and portfolio with quotes from the Web. GnuCash has other features such as check printing in standard formats, transaction finder for you to locate a transaction using query dialogue, Home Banking Computer Information [HBCI] protocol support for statement download and bank transfers, data storage in
XML format, SQL database storage using MySQL, PostgreSQL or SQLite3, a guided dialogue for loan payments and schedules.