How to Install GNU Cash Accounting Software on Linux Mint easily. GNU Cash is an alternative for Home Bank the accounting program on Linux. Here you will wee the way to install GNU Cash and review about it.
Gnucash is personal and small-business financial-accounting software application, easily certified under the GNU GPL and readily available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.Designed to be simple
to utilize, yet powerful and flexible, GnuCash permits you to track bank accounts, stocks, income and expenses. As fast and user-friendly to use as a checkbook register, it is based upon expert accounting concepts to guarantee balanced books and precise reports.
GNU Cash Main Features
Below are general features of GNU Cash, you can find GNU Cash explanation features from here.
- Double-Entry Accounting
- Stock/Bond/Mutual Fund Accounts
- Small-Business Accounting
- Reports, Graphs
- QIF/OFX/HBCI Import, Transaction Matching
- Scheduled Transactions
- Financial Calculations
How to Install GNU Cash on Linux
The GNU Cash accounting software for Linux is available on Software Center. So you need to open Software Manager by clicking Start Menu >> Administration >> Software Manager.
Then type gnu cash, if you see a result then double click the GNU Cash then click install button.
Another way to install GNU Cash is using Terminal. Open your Terminal by pressing Ctrl + Alt + T at the same time. Then type these command:
sudo apt-get install gnucash
GNU Cash Review- The Accounting Software for Linux
GnuCash does not enforce any particular file naming convention or extension. However, the following extensions are described in the “shared-mime-info” package used by almost every distro and desktop environment to associate applications with files. Naming your datafile with one of these extensions will allow the gnucash to be opened when a file is seen and activated in a file browser.
- .xac (short for “X-Accountant”, the predecessor of GnuCash), still in use for your backup files,
- .gnc (the “internal” three-letter-abbreviation of GnuCash)
- .gnucash (recommended and the only one that works on Windows)
Although users with a strong grasp of monetary management basics will get the most from this freeware program, GnuCash proved to be a capable tool for individual and little business accounting.This freeware program
‘s interface is bland but effective, and emerges in a method that will be familiar to users who do their banking online. Numerous holdings (anything from inspecting accounts, to CDs, stocks and other form of investment )are listed in a tree along the left side. Choosing an entry shows additional details in a larger pane. At the top of the screen are various commands for actions, credit reports and tools.
We discovered it an easy process to view spending credit reports, integrate checking accounts, and other tasks.Despite the general simplicity of using the program, the large variety of terms and actions may need a dictionary for some individuals. Fortunately, GnuCash has an exceptional tutorial that details not just the program, but likewise financial terms also. And amateur users will appreciate the wizard that strolls you through the setup process.