On Sun, May 24, 2009 at 12:26 PM, Dante Lanznaster <[email protected]> wrote: > I heard of this program a bit after I purchased Quicken 2009 for personal > use, but I downloaded and tried it. Found it to be complicated to use and it > lacks the same online capabilities as Quicken has.
GNUCash uses a traditional double-entry accounting system. Ledger-SMB does as well. This is probably the initial aspect of complexity, but double-entry is what every MBA or accountant learns in business school. What Quicken and QuickBooks do is try to be an electronic checkbook. The real disadvantage GNUCash and Ledger-SMB has is that they are almost certainly not what your accountant uses. Sometimes I need my accountant to make journal entries and if I use QB, he'll happily do them but if I used some other software I would have to do them myself. So I haven't made the effort to switch away from QuickBooks yet. And I may not... QB has a programming API so if I need to extend it, I can. Also the import/export file format is documented. -- John.
