Live data from Hacker News

Ask HN: As a freelancer, what's the best app to track finances?

news.ycombinator.com

11–20 of 138 posts

Re: Ask HN: As a freelancer, what's the best app to track finances?

#15
I can relate to you in verbatim, except never had the courage to ask publicly. I ended up going with excel and then ended up hating any tool in the browser.

Updates with startups take too long and your nit-picky features to increase your productivity probably do not directly correlate with these payment software companies business goals. I prefer full control / or the possible option for extensibility. Most importantly, looking at the data, no matter [or my several failed experiments/finance tool investments past year] ... I would eventually go back to excel. You just don't get the mental massaging that you are the shit in the UI.

Anyways, if this sounds interesting, I hope it saves you some time. I spent way too much time wasting my determination to find the perfect tool that actually never existed in the first place.

Re: Ask HN: As a freelancer, what's the best app to track finances?

#16
I've personally tried several different online services but ultimately landed on Wave (https://waveapps.com - no affiliation). I used it for personal consulting and lately have used it for somewhat more formal (bit still fairly straightforward) corporate accounting. I'm a big fan - just my two cents.

Re: Ask HN: As a freelancer, what's the best app to track finances?

#18
I don't know what's the best, but, on the desktop, among other things I tried, I used GnuCash.

In addition to tracking personal/business finances in GnuCash, I used the invoicing feature to track billable hours and notes for each chunk of time. I had a custom invoice format that generated PDFs without the notes, and then I used the notes as reminders of what to put in periodic work reports.

A drawback to GnuCash, though, is that you can spend a lot of time getting your accounts and transaction splits just right, and tracking every little transaction. One of the best things I did was to move to doing less categorization and itemization in GnuCash (e.g., unless an expense was was tax-relevant, it got moved to "Misc.", and paper-money expenses weren't even tracked, but reconciled monthly).

Re: Ask HN: As a freelancer, what's the best app to track finances?

#20

I've personally tried several different online services but ultimately landed on Wave ( https://waveapps.com - no affiliation). I used it for personal consulting and lately have used it for somewhat more formal (bit still fairly straightforward) corporate accounting. I'm a big fan - just my two cents.

+1 for Wave. I started an LLC to do contract work and so far it's been great.

I do have one minor gripe: I have my Wave linked with my Azlo bank account, and when I'm scanning and uploading a receipt Wave creates a separate transaction, in addition to the one from my bank feed. You have to go in and manually select both txns and click "Merge". Seems like a pretty big miss, but still very usable. Especially on my small scale.

Post reply on HN