Proper accounting plays important role in a business's success. Sometimes business financial accounting becomes a tedious task especially when it is done manually with pen and paper. With software applications, accounting can are made easy, but many of these accounting software tools are either internet/cloud-based and/ or are paid for before one can you them, and this makes them unaffordable for startup entrepreneurs and small businesses. Are you a startup entrepreneur or small business company that needs accounting software to streamline your business accounting work?
Here we have reviewed the 10 best free offline accounting software
suitable for your business. These offline accounting software systems work on
computers without an internet connection. They are called offline accounting
software free download.
Free Offline Accounting Software
- Correct
- Manager
- Money Manager Ex
- VT Cashbook
- Pandle
- GnuCash
- SlickPie
- ZipBooks
- Akaunting
- Wave
Reviews
Correct Accounting Software V.1.1
Correct Accounting Software is a very good, financial accounting suit for
small and medium businesses.
With it, you can manage your inventory,
invoicing, accounting, comprehensive reports, Email, PDF, Address book, delivery
challenges, quotes and almost everything else you will need to automate and
record the financial transactions of your business all in one place.
File Size:2.67 Mb
Pricing
Free version: Available
License: Shareware ($45.00)
5 GnuCash
GnuCash is an open-source desktop, free accounting software
for small businesses. Unlike cloud-based platforms, GnuCash is downloaded and
installed on devices and can work while offline. It gives one access to the
program source code, which makes it easy for developers to add additional
features and functionalities. This makes the software free forever and flexible
to use.
Demerits
It does not have many ready-to-use in-built features.
Except you have coding knowledge of extra features and
functionalities, this software may not be ideal for you.
Manager
Is the most comprehensive free accounting software that
works offline. All your work is done offline when you download it on your PC
and your data is automatically updated once you have an internet connection. You
don’t bother about losing your data when you are offline or when your internet
is interrupted. It is compatible with Windows, Mac OS X, and Linux. It works
across platforms, which means files created in one operating system can be
transferred to another operating system. It is free forever. FREE
DOWNLOAD
Money Manager Ex
Money Manager Ex is an open-source software tool for
budgeting and cash flow forecasting. It has features equivalent to the
features of premium software, easy to learn, and simple to use. It functions
offline, so you need no internet connection, and it program can run fully from a USB drive. This software is best suited for small traders.
Demerits of Money Manager EX
Setting it up is time complex and time-consuming
As offline software, it does not support linking of online
banking
Pandle
Pandle is relatively new accounting software. It
is developed and mostly used in the UK but its tax features can be updated for
use in any other countries. It has Free Version as well as Premium/ Pro Version.
The Pro version costs about $7 per month.
Some of the features of the Free Version include:
Can be used online with an internet connection, or offline
using the mobile app on iPhone or Android device.
It allows for multiple currencies transactions
Supports creation of sales quotes, and invoices with your
company's logo
Business reports such as balance sheet, profit and loss,
trail balance cash flow, receivables, and payables
It is United Kingdom VAT ready, so if you live in the UK,
you get VAT submission. But if you are outside UK, you update your country's
VAT
Demerits of Pandle Free Version
Does not support bank account linkage – is only available on
Pro version
You cant accept payment from customers with Pandle Pay
as it does not support bank account linkage. You only get this feature on Pro
Version
Bank feeds, receipt uploads, cash flow forecasting, stock
control, and project management features are only available in Pro.
SlickPie
This is free accounting software for small businesses. It
has both free and premium versions. The free version has features for automated
receipt entries, allows creation of quotes, estimates, and invoices, and can add up
to 10 different businesses on one account. You can link PayPal and Stripe
account to SlickPie for free to receive payments from customers who use PayPal
and Stripe, although PayPal and Stripe transaction charges applied.
Demerit of SlickPie free version
The free version does not have in-built reporting features
VT Cashbook
This is one of the top free offline accounting software for
small businesses. VT Cashbook is desktop software that you have to install on
your PC and it does not require an internet connection to work. It has both free
and premium versions. The free version offers features for recording daily cash
transactions, and preparation of account statements such as profit and loss,
and balance sheet statements. FREE
DOWNLOAD
Demerit of the Free Version
The free version does not offer functionality to create and
file VAT returns. You need to upgrade to the premium version to be able to do
that.
Akaunting
Akaunting is another free accounting software. It offers
many accounting features for small businesses. Some of the features include the capability to create invoices, link bank accounts, track expenses, customer
care, set up recurring bills, and manage suppliers.
Demerits
It does not support online payments. To be able to receive
payments online and access other features, you have to download third-party
apps with yearly subscriptions
ZipBooks
This is very good free accounting software for small
businesses as it offers the most important accounting features such as invoicing,
billing, bank account integration, expense management, and reports. You can
receive online payments to your ZipBooks through PayPal and Square. Note that
PayPal and Square transaction charges apply. FREE
DOWNLOAD
Wave Accounting
Wave is a cloud-based financial platform that allows small
businesses to create invoices, track inventory, track payments, and more. Some of
the features that make Wave ideal for small business accounting tasks include
connecting your bank account to Wave to upload transactions automatically. It
has a Financial Snapshot that shows a chart of income and expenses. It allows
you to download or print financial statements. Wave accounting is compatible with both mobile devices as well as on computers. The company has a platform called
Wave University where you can learn how to you the software. GET
FOR FREE
Demerits
The major demerit of this program is that it offers only
basic inventory tracking capability, so if you need inventory tracking
software for large and comprehensive inventory management, you can check the inventory trackingand management software we recommend here