Akaunting - Free Accounting Software

[timconsidine]

@marcusquinn big for Wise (formerly TransferWise)
More cost-effective than the big 4 for international transfers (and seems faster in my experience)
Nice API for batch payments, e.g. upload payroll for staff
Nice users can get a little bonus with a referral code from current users (e.g. @marcusquinn or myself)

Ref Akaunting, I haven't been able to check if it is adequate for UK users, e.g. HMRC drive towards 'Making Tax Digital', most notably submission of VAT returns. If Akaunting does support this, then it's interesting, otherwise (for me anyway) it doesn't work well.

[jdaviescoates]

@timconsidine said in Akaunting - Free Accounting Software:

If Akaunting does support this, then it's interesting, otherwise (for me anyway) it doesn't work well.

I've not double checked, but I doubt you can submit anything anywhere with Akaunting, just keep track of and prepare figures.

Similarly, I don't think Akaunting (nor any other open source web accounting software I'm aware of) will automatically import bank feeds etc either (I don't mind submitting my own accounts and tax returns, but I can't live without automatically importing transactions!)

I use FreeAgent (10% off a subscription with that link) which works very well for my circumstances.

Lots of people seem to use Xero too.

[timconsidine]

@jdaviescoates I'm using FreeAgent too - free if you are with Natwest !

Very happy with Quickfile too - written by / for accountants, but good for business too.

I like Hledger also ... but it's quite hard-core - accounting with text files ! And of course no VAT submission options.

Taxcalc is great for CoHouse/HMRC submissions : not cheap, but top notch. Written for accountants so really good (if you know what you're doing !)

Shame about Akaunting but if FreeAgent start charging me, I might give it a go.

[jdaviescoates]

@timconsidine said in Akaunting - Free Accounting Software:

Natwest

Allow me to suggest divesting from banks that still fund fossil fuel projects

NatWest has been lending to some very questionable fossil fuel friends.

And it's not just a little here and there, we’re talking about $13 billion in the 5 years since 197 countries agreed to drastically reduce their greenhouse gas emissions in the Paris Agreement.

See
https://bank.green/banks/natwest

I recommended Starling Bank for business banking and Nationwide for personal banking

[timconsidine]

@jdaviescoates yes, it is on my plan

[jdaviescoates]

@timconsidine

[yusf]

@jdaviescoates said in Akaunting - Free Accounting Software:

I don't think Akaunting (nor any other open source web accounting software I'm aware of) will automatically import bank feeds etc either

Paid plugin will https://akaunting.com/apps/bank-feeds

[jdaviescoates]

@yusf said in Akaunting - Free Accounting Software:

@jdaviescoates said in Akaunting - Free Accounting Software:

I don't think Akaunting (nor any other open source web accounting software I'm aware of) will automatically import bank feeds etc either

Paid plugin will https://akaunting.com/apps/bank-feeds

Thanks!

Now, I'm very interested!

[marcusquinn]

@timconsidine for Quickfile - one of my favourite non-open-source apps.

[andreasdueren]

What is the current status of Akaunting? I tried installing it in a LAMP stack but that doesn't seem to work

[andreasdueren]

So I have been trying to install akaunting within a LAMP stack with limited success. There is an error during installation, but it runs fairly normal after that. However, some plugins don't work properly and updating via GUI/CLI doesn't work. Support narrowed it down to the path of the PHP executable not being correct and gave me this link: https://akaunting.com/hc/docs/faq/i-cant-install-apps/

I would like to try this out by changing the PHP path in the env as described in the documentation:
APP_PHP_PATH="/usr/bin/php8.0"

@girish Could you help me with this? Is it /etc/php/8.1?

[girish]

@andreasdueren said in Akaunting - Free Accounting Software:

APP_PHP_PATH="/usr/bin/php8.0"

I guess this is an Akaunting variable ? If so, this would be /usr/bin/php8.1 in the lamp app.

[avatar1024]

@andreasdueren Did you have any more luck in making Akaunting functional?

[andreasdueren]

@avatar1024 I’m still testing it but it seems to be working now after spending bigger amounts of time troubleshooting quirks and errors

[avatar1024]

@andreasdueren Great to hear! If you get the chance to share the process you've followed that'd be much appreciated.

Also do you think some of your work might get us closer to get a Cloudron package for it?

[selver]

Tried to upvote this post but wasn't allowed to, so commenting instead. Seconding this request, Akaunting would be an excellent addition to the Cloudron store, please add!

[avatar1024]

Hello all, so it seem there was some effort into packaging this from @andreasdueren as well as from @murgero, @marcusquinn and from the author of Akounting with @staff (see this thread).

Anyone got any update on this?

Small business accounting is still a type of software lacking on Cloudron which is a shame as it could really help the adoption of a Free Software alternative to QuickBook, Xero, etc amongst small businesses and ethically minded accountants.

[jdaviescoates]

@avatar1024 said in Akaunting - Free Accounting Software:

@stall

I think perhaps you meant to tag staff?

[avatar1024]

@jdaviescoates said in Akaunting - Free Accounting Software:

I think perhaps you meant to tag staff?

Indeed . Now corrected. Thanks

[andreasdueren]

@avatar1024 To be honest, I tried using Akaunting for a few months and even purchased expensive plugins – full of excitement. But I quickly realized that the software is quite buggy and support unwilling or unable to help in any significant capacity. Even when I payed for extra support, they were not able to help me resolve some issues. So I abandoned it. So personally I am not interested in Akaunting anymore.