I've migrated from Quicken and have used GnuCash for at least 4 to 5 years now. While it supports automatic download of banking data, I still just use the simple import feature of any of the major data formats (csv, QFX, etc).
With GnuCash, you can make your finance tracking as simple or as detailed as you like. While I agree, there are simpler applications, GnuCash is the most mature of the free bunch I've had the chance to work with. I enjoy the double entry ledger system, automatic transaction scheduler, and reconciliation function. Improvements I would love to see made however is an archive function that can remove detail for previous years, while leaving basic summary data for reporting, as well as some navigation quirks. -- Gilbert Mendoza PGP: 0x7403B303 Email: gmendoza at gmail.com http://www.savvyadmin.com https://launchpad.net/~gmendoza https://wiki.ubuntu.com/GilbertMendoza On Sun, May 24, 2009 at 1:20 PM, John R. Hogerhuis <[email protected]> wrote: > 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. > _______________________________________________ > LinuxUsers mailing list > [email protected] > http://socallinux.org/cgi-bin/mailman/listinfo/linuxusers >
