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  3. Akaunting - Free Accounting Software

Akaunting - Free Accounting Software

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    • girishG Offline
      girishG Offline
      girish
      Staff
      wrote on last edited by
      #21

      Whoops, I dropped the ball on this. @denisdulici already made a package a couple of months ago and I completely forgot to follow it up with him. I made a TODO for myself for this week.

      1 Reply Last reply
      3
      • marcusquinnM marcusquinn

        Akaunting looks worthwhile as an alternative to Xero (with a migration tool) or Quickfile.

        Can't see automated Bank & Card statement importing though unless anyone knows otherwise?

        Xero as a bridge could but that's purchasing the plugin and maintaining a Xero subscription.

        Odoo Accounting or ERPNext the best FOSS I know of for interest, so I'd still have those higher up the Wishlist TBH.

        JOduMonTJ Offline
        JOduMonTJ Offline
        JOduMonT
        wrote on last edited by
        #22

        @marcusquinn said in Akaunting - Free Accounting Software:

        Can't see automated Bank & Card statement importing though unless anyone knows otherwise?

        Sadly these kinds of automation are mainly oriented US base Bank, and this even with paid and close source software such as Zoho Invoice.

        marcusquinnM 1 Reply Last reply
        0
        • JOduMonTJ JOduMonT

          @marcusquinn said in Akaunting - Free Accounting Software:

          Can't see automated Bank & Card statement importing though unless anyone knows otherwise?

          Sadly these kinds of automation are mainly oriented US base Bank, and this even with paid and close source software such as Zoho Invoice.

          marcusquinnM Offline
          marcusquinnM Offline
          marcusquinn
          wrote on last edited by
          #23

          @JOduMonT IMHO the US banks are far behind the EU & UK for Open Banking (and the fun n games with chip n pin).

          Although I do like having a stash go $2 notes when I'm over πŸ˜„

          Some links for fun reading:

          https://www.openbanking.org.uk
          https://plaid.com
          https://www.yodlee.com/financial-products/api-apps-data

          TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations and https://integromat.com APIness.

          I loath robotic chores, so always try to workflow anything like that even if it's via files to a dropbox or email.

          While we're here, big fan of https://transferwise.com for international banking, worth a look for anyone interested in something with an API and decent service.

          Web Design https://www.evergreen.je
          Development https://brandlight.org
          Life https://marcusquinn.com

          necrevistonnezrN jdaviescoatesJ timconsidineT 3 Replies Last reply
          2
          • marcusquinnM marcusquinn

            @JOduMonT IMHO the US banks are far behind the EU & UK for Open Banking (and the fun n games with chip n pin).

            Although I do like having a stash go $2 notes when I'm over πŸ˜„

            Some links for fun reading:

            https://www.openbanking.org.uk
            https://plaid.com
            https://www.yodlee.com/financial-products/api-apps-data

            TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations and https://integromat.com APIness.

            I loath robotic chores, so always try to workflow anything like that even if it's via files to a dropbox or email.

            While we're here, big fan of https://transferwise.com for international banking, worth a look for anyone interested in something with an API and decent service.

            necrevistonnezrN Offline
            necrevistonnezrN Offline
            necrevistonnezr
            wrote on last edited by
            #24

            @marcusquinn said in Akaunting - Free Accounting Software:

            @JOduMonT IMHO the US banks are far behind the EU & UK for Open Banking (and the fun n games with chip n pin).

            That’s because the EU is by now quite effective and much more effective than most people give it credit for: Online Banking - inter alia - is subject to the (revised) Payment Directive (https://en.wikipedia.org/wiki/Payment_Services_Directive).

            1 Reply Last reply
            2
            • marcusquinnM marcusquinn

              @JOduMonT IMHO the US banks are far behind the EU & UK for Open Banking (and the fun n games with chip n pin).

              Although I do like having a stash go $2 notes when I'm over πŸ˜„

              Some links for fun reading:

              https://www.openbanking.org.uk
              https://plaid.com
              https://www.yodlee.com/financial-products/api-apps-data

              TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations and https://integromat.com APIness.

              I loath robotic chores, so always try to workflow anything like that even if it's via files to a dropbox or email.

              While we're here, big fan of https://transferwise.com for international banking, worth a look for anyone interested in something with an API and decent service.

              jdaviescoatesJ Offline
              jdaviescoatesJ Offline
              jdaviescoates
              wrote on last edited by
              #25

              @marcusquinn said in Akaunting - Free Accounting Software:

              TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations

              Free Agent also automatically imports most stuff using Open Banking (although I've still had to use a tiresome process of converting PDF statements to CSV in order to get older data that Open Banking doesn't suck in)

              I use Cloudron with Gandi & Hetzner

              marcusquinnM 1 Reply Last reply
              1
              • jdaviescoatesJ jdaviescoates

                @marcusquinn said in Akaunting - Free Accounting Software:

                TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations

                Free Agent also automatically imports most stuff using Open Banking (although I've still had to use a tiresome process of converting PDF statements to CSV in order to get older data that Open Banking doesn't suck in)

                marcusquinnM Offline
                marcusquinnM Offline
                marcusquinn
                wrote on last edited by
                #26

                @jdaviescoates Tabular helps me with that if you're not already aware of it: https://forum.cloudron.io/topic/2814/tabula-extracts-table-data-from-pdfs-wen-copy-paste-often-doesn-t?_=1594815634825

                Web Design https://www.evergreen.je
                Development https://brandlight.org
                Life https://marcusquinn.com

                1 Reply Last reply
                1
                • jimcavoliJ Offline
                  jimcavoliJ Offline
                  jimcavoli
                  App Dev
                  wrote on last edited by
                  #27

                  @girish said in Akaunting - Free Accounting Software:

                  Thanks for helping us out @denisdulici ! The work is happening here - https://git.cloudron.io/cloudron/akaunting-app/

                  Dead link; status seems unknown. Have you got an update on the old effort and/or would a new pass be more useful?

                  girishG 1 Reply Last reply
                  1
                  • jimcavoliJ jimcavoli

                    @girish said in Akaunting - Free Accounting Software:

                    Thanks for helping us out @denisdulici ! The work is happening here - https://git.cloudron.io/cloudron/akaunting-app/

                    Dead link; status seems unknown. Have you got an update on the old effort and/or would a new pass be more useful?

                    girishG Offline
                    girishG Offline
                    girish
                    Staff
                    wrote on last edited by
                    #28

                    @jimcavoli For some reason that repo was private, I have made it public now.

                    1 Reply Last reply
                    2
                    • humptydumptyH humptydumpty referenced this topic on
                    • avatar1024A Offline
                      avatar1024A Offline
                      avatar1024
                      wrote on last edited by
                      #29

                      Is there anyone still working on this? Or is there any update of some kind? Would be great to have it on the app store πŸ™‚

                      1 Reply Last reply
                      1
                      • marcusquinnM marcusquinn

                        @JOduMonT IMHO the US banks are far behind the EU & UK for Open Banking (and the fun n games with chip n pin).

                        Although I do like having a stash go $2 notes when I'm over πŸ˜„

                        Some links for fun reading:

                        https://www.openbanking.org.uk
                        https://plaid.com
                        https://www.yodlee.com/financial-products/api-apps-data

                        TBH I wouldn't reinvent wheels and just use https://xero.com for it's integrations and https://integromat.com APIness.

                        I loath robotic chores, so always try to workflow anything like that even if it's via files to a dropbox or email.

                        While we're here, big fan of https://transferwise.com for international banking, worth a look for anyone interested in something with an API and decent service.

                        timconsidineT Offline
                        timconsidineT Offline
                        timconsidine
                        App Dev
                        wrote on last edited by
                        #30

                        @marcusquinn big πŸ‘ 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.

                        jdaviescoatesJ 1 Reply Last reply
                        0
                        • timconsidineT timconsidine

                          @marcusquinn big πŸ‘ 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.

                          jdaviescoatesJ Offline
                          jdaviescoatesJ Offline
                          jdaviescoates
                          wrote on last edited by jdaviescoates
                          #31

                          @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.

                          I use Cloudron with Gandi & Hetzner

                          timconsidineT yusfY 2 Replies Last reply
                          1
                          • jdaviescoatesJ 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.

                            timconsidineT Offline
                            timconsidineT Offline
                            timconsidine
                            App Dev
                            wrote on last edited by
                            #32

                            @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.

                            jdaviescoatesJ marcusquinnM 2 Replies Last reply
                            2
                            • timconsidineT 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.

                              jdaviescoatesJ Offline
                              jdaviescoatesJ Offline
                              jdaviescoates
                              wrote on last edited by
                              #33

                              @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

                              I use Cloudron with Gandi & Hetzner

                              timconsidineT 1 Reply Last reply
                              1
                              • jdaviescoatesJ 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

                                timconsidineT Offline
                                timconsidineT Offline
                                timconsidine
                                App Dev
                                wrote on last edited by
                                #34

                                @jdaviescoates yes, it is on my plan πŸ‘

                                jdaviescoatesJ 1 Reply Last reply
                                2
                                • timconsidineT timconsidine

                                  @jdaviescoates yes, it is on my plan πŸ‘

                                  jdaviescoatesJ Offline
                                  jdaviescoatesJ Offline
                                  jdaviescoates
                                  wrote on last edited by
                                  #35

                                  @timconsidine πŸ‘

                                  I use Cloudron with Gandi & Hetzner

                                  1 Reply Last reply
                                  0
                                  • jdaviescoatesJ 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.

                                    yusfY Offline
                                    yusfY Offline
                                    yusf
                                    wrote on last edited by
                                    #36

                                    @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

                                    jdaviescoatesJ 1 Reply Last reply
                                    2
                                    • yusfY 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

                                      jdaviescoatesJ Offline
                                      jdaviescoatesJ Offline
                                      jdaviescoates
                                      wrote on last edited by jdaviescoates
                                      #37

                                      @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!

                                      I use Cloudron with Gandi & Hetzner

                                      1 Reply Last reply
                                      0
                                      • timconsidineT 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.

                                        marcusquinnM Offline
                                        marcusquinnM Offline
                                        marcusquinn
                                        wrote on last edited by
                                        #38

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

                                        Web Design https://www.evergreen.je
                                        Development https://brandlight.org
                                        Life https://marcusquinn.com

                                        1 Reply Last reply
                                        1
                                        • andreasduerenA Offline
                                          andreasduerenA Offline
                                          andreasdueren
                                          wrote on last edited by
                                          #39

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

                                          andreasduerenA 1 Reply Last reply
                                          1
                                          • andreasduerenA andreasdueren

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

                                            andreasduerenA Offline
                                            andreasduerenA Offline
                                            andreasdueren
                                            wrote on last edited by
                                            #40

                                            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?

                                            girishG avatar1024A 2 Replies Last reply
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