I would have a software that automatically categorize expenses from my bank account.
It’s time consuming to add every new expensive every time. Specially with so many small SaaS subscriptions.
An open-source alternative to QuickBooks
111–120 of 218 posts
Re: An open-source alternative to QuickBooks
#112One question, why separate into different tables for each journal (expense, sales,...) . You could also have one journal table instead ?
As an accountant I think of the single source of truth being a single table of double entry transactions (the ledger) but most ERPs actually have a maze of tables to support a sophisticated UI that's easier to use, and when you actually want a ledger then it's generated as a report.
Re: An open-source alternative to QuickBooks
#113There's also Plain Text Accounting[1]. The biggest problem of all open source solutions, accountants' experience aside, is the lack of banking and taxes integration, especially outside of US, e.g. for Asian, South American, or African businesses. The most promising FOSS solution for SME I was able to find is Akaunting[2][3]. [1] https://plaintextaccounting.org/ [2] https://akaunting.com/ [3] https://github.com/akaunt…
I 1000% agree with the comment about tax reports.
When I was a contractor, I set up a Ltd company in the UK and had a really hard time working out which software could do my reports for me. I just wanted something that could easily make documents that would be accepted by HMRC.
The UK tax system is incredibly lenient in my experience. They're happy to help you out with any problems or mistakes you make. You just need documents filed on time in the correct format. But it was a nightmare working out which software could export the correct format for me, so I ended up just paying for Xero in the end.
£28/month for a small business, that's over £300 a year I could save if something open-source was well document and said on the website that it supported UK tax documents. But I didn't have the time to download every option, put in a bunch of fake data, and then inspect the report against the HMRC guidelines.
Re: An open-source alternative to QuickBooks
#114There's also Plain Text Accounting[1]. The biggest problem of all open source solutions, accountants' experience aside, is the lack of banking and taxes integration, especially outside of US, e.g. for Asian, South American, or African businesses. The most promising FOSS solution for SME I was able to find is Akaunting[2][3]. [1] https://plaintextaccounting.org/ [2] https://akaunting.com/ [3] https://github.com/akaunt…
Guys, all of this amazing text based accounting software are very interesting to me. Does anyone knows if is there any feature for automatic registering of depreciation? If not, how to do not forget to register and how to keep track of all assets that will depreciate? Separated file?
A cursory Google search lead me to this[1], which seems to be what you're looking for, something similar probably exists for ledger/hledger.
Personally having dealt with crypto in beancount a few times I used a separate file which got updated periodically with a script, which worked well enough.
If you're interested I suggest reading the beancount cookbook[2] as it contain many examples.
[1] https://github.com/davidastephens/beancount-plugins#automati...
[2] https://beancount.github.io/docs/command_line_accounting_coo...
Re: An open-source alternative to QuickBooks
#115Earlier quoted context omitted.
I support QuickBooks for smaller companies by calling tech support for them, YMMV.
Wait, you simply are a middleman? What percentage of the support can you provide without having to call Intuit yourself? Is this lucrative?
That's pretty standard for a lot of companies. IT log the calls with the supplier.
Re: An open-source alternative to QuickBooks
#116For people who use QuickBooks, what's the main barrier to a viable open-source competitor? Does QuickBooks offer a ton of necessary integrations or something?
QuickBooks has a ton auf functions that no online competitor has. E.g. customize bill layout, many reporting sheets, tax submit, bank account sync, recurring invoices / bills, ...
I tried many years to find somehting that could replace Quickbooks in our company, cause it lacks on API access. But everything else is lightyears ahead of competitors solutions.
Re: An open-source alternative to QuickBooks
#117I am really happy to see something like this. This is not a criticism of the project. Rather, I lament that more-and-more web-based projects document only a Docker-centered install process for self-hosting as opposed to the process of installing from source. This goes strongly against the spirit of self-hosting where you know what you're running and you see the steps and all the integrations that are needed, includin…
I disagree with your argument, but I won't reply to that as there are other replies I agree with. However, where did you find the steps to install this with Docker? I can't find it.
https://docs.bigcapital.ly/docs/deployment/docker
There is a docker-compose file at the root of the repository, which gets you most of the way there. But the above link will undoubtably be more helpful.
Re: An open-source alternative to QuickBooks
#118Earlier quoted context omitted.
I think if you’re targeting developers, then Discord is fine. If you’re targeting businesses, then you’d want a contact-us form at the bare minimum.
I'm a developer, and I find Discord to be a disorganized mess. I prefer a traditional support forum to Discord, and that's a pretty weak option.
And if you want to preach the virtues of FOSS of your product, you’d offer FOSS real-time communications as at least an option. Slap in IRC, an XMPP MUC, Matrix Space. You could bridge to (not from) Discord as a second-class option if it was deemed valuable, but shouldn’t be the primary host.
Re: An open-source alternative to QuickBooks
#119Earlier quoted context omitted.
I support QuickBooks for smaller companies by calling tech support for them, YMMV.
Wait, you simply are a middleman? What percentage of the support can you provide without having to call Intuit yourself? Is this lucrative?
I think just having someone who acts as a gatherer of info, so Intuit aren't being sent junk tickets, means service is resumed much quicker. And that's worth paying for.
Re: An open-source alternative to QuickBooks
#120Earlier quoted context omitted.
Are there any feed services that would sell an individual (person or business) license? It seems like they all strive to be a backend for a SAAS.
I haven't used it, but the team (person?) that makes Buckets ( https://www.budgetwithbuckets.com ) makes SimpleFIN ( https://www.simplefin.org ), which seems like it exposes exactly what you want: simple transaction data from arbitrary banks. Plaid offers transactions APIs ( https://plaid.com/products/transactions/ ), but I guess to your point these APIs are geared towards fintech companies, not personal use. EDIT: I…
Nordigen supports transactions as well (and for free), I personally use it with firefly for personal budgeting