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Top Competitors to Consider
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#2 GnuCash
Mature open‑source desktop accounting program with double‑entry bookkeeping, invoicing, and robust reporting.
Cloud‑based free accounting suite for small businesses – invoicing, receipt scanning, and basic payroll (US/CA).
#4 Manager.io
Free desktop version offering full accounting features, multi‑currency support, and customizable reports.
Open‑source ERP with a powerful accounting module, invoicing, bank reconciliation, and multi‑company support.
Modular open‑source ERP/CRM that includes invoicing, expense tracking, and basic accounting reports.
#7 Akaunting
Free online accounting software with invoicing, expense management, and multi‑user collaboration.
#8 SlickPie
Free cloud accounting for small businesses – automated data entry, invoicing, and tax reports.
Simple cloud accounting with invoicing, expense tracking, and basic financial statements.
#10 Brightbook
UK‑focused free accounting SaaS offering invoicing, bank feeds, and real‑time profit & loss.
#11 TurboCASH
Open‑source accounting software for SMEs, featuring invoicing, inventory, and multi‑currency handling.
#12 FrontAccounting
Lightweight open‑source ERP/Accounting system with GL, AR/AP, inventory, and multi‑company support.
#13 LedgerSMB
Community‑driven open‑source accounting/ERP with double‑entry bookkeeping, invoicing, and reporting.
#14 ERPNext
Full‑stack open‑source ERP that includes robust accounting, invoicing, and financial analytics.
#15 Money Manager Ex
Cross‑platform personal finance manager with basic bookkeeping and reporting; suitable for freelancers.
#16 KMyMoney
Open‑source personal finance application for KDE, offering double‑entry accounting and budgeting.
#17 Simple Invoices
Web‑based open‑source invoicing tool that can be extended with accounting plugins.
Free desktop accounting package for small businesses with invoicing, ledger, and reporting.
#19 iDempiere
Open‑source ERP/CRM/Accounting platform with comprehensive financial modules and community support.
Free tier for businesses with ≤ $5K annual revenue; includes invoicing, expense tracking, and bank feeds.
While not permanently free, Xero offers a 30‑day trial with full accounting features, useful for short‑term projects.