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Akaunting

Akaunting

Free, open‑source accounting software for small businesses and freelancers

softwareAccounting & FinanceAccountingInvoicingExpense Tracking
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Our Verdict

Best for

Small businesses on a budget

Skip if

Those needing 24/7 support

What is Akaunting?

Akaunting is a web‑based, open‑source accounting platform that helps small businesses and freelancers manage finances without costly licenses. It offers invoicing, expense tracking, and real‑time financial reporting through an intuitive browser interface. The solution integrates with popular payment gateways and cloud storage services, allowing users to automate billing, reconcile transactions, and store documents securely. With a free core offering and community‑driven support, Akaunting provides a scalable foundation for growing enterprises.

SpecificationsAI-estimated

open source✅ Yes
github stars9,975
api available✅ Yes
support optionsEmail, Community Forum
key integrationsPayPal, Stripe, Google Drive
primary languagePHP

Key Features of Akaunting

Create and send professional invoices instantly, with automatic payment reminders and PDF generation.
Track expenses by category, attach receipts, and reconcile them against bank statements.
Generate profit‑and‑loss, balance sheet, and cash flow reports with real‑time data visualization.
Support for multiple currencies and automatic exchange‑rate updates for global transactions.
Integrate seamlessly with PayPal, Stripe, and Google Drive for payment processing and document storage.
Host the application on your own server or use the SaaS version, giving you full control over data privacy.

Use Cases for Akaunting

1

Freelance Project Billing

Generate client invoices, track time, and receive payments through Stripe or PayPal.

2

Small Retail Shop Accounting

Manage daily sales, inventory expenses, and produce monthly financial statements.

3

Consultancy Firm Financial Reporting

Consolidate multiple client projects into unified profit‑and‑loss reports.

4

Remote Team Expense Management

Collect and approve expense receipts from team members via the web portal.

Pros & Cons of Akaunting

Pros

  • Completely free core version
  • Open‑source with community contributions
  • Web‑based, accessible from any browser
  • Integrates with major payment gateways

Cons

  • Advanced modules may require paid add‑ons
  • Limited mobile app functionality
  • Support primarily community‑driven, no dedicated 24/7 help desk

Frequently Asked Questions

Is Akaunting truly free to use?

Yes, the core accounting features are free and open‑source; optional premium modules are available for purchase.

Can I host Akaunting on my own server?

Yes, you can self‑host the software or use the hosted SaaS version provided by the Akaunting team.

Which payment gateways are supported?

Akaunting integrates directly with PayPal and Stripe for online invoicing and payment collection.

What kind of support is available?

Support is offered via email and the community forum, with additional paid support plans optional.

Pricing Overview

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Free

Detailed plans are not listed. Visit the official website for pricing information.

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About the Tool

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Target AudienceSmall businesses and freelancers

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AccountingInvoicingExpense TrackingFinancial ReportingOpen-source

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