Open Source Alternatives to Quicken

Written by nicole martinez Google
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Open Source Alternatives to Quicken
Quicken and similar programs replace the traditional pen-and-page ledgers. (finance #3 image by Adam Borkowski from

Quicken is a popular finance management program from Intuit. Consumers can purchase Quicken software at prices ranging from £38.90 to £97.40 (as of October 2010) to manage their finances, bank accounts and business transactions. Users who are looking for free, open source alternatives to Quicken will find several that are compatible with the popular operating systems.

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GnuCash is compatible with Mac OS X, Windows XP through 7 and Linux systems. According to the project's website, this accounting software is best for the home and small-business user who wishes to manage her finances. GnuCash has features to track customers, vendors, jobs and invoices for the business user, while all users will benefit from the software's ability to perform mathematical calculations. As of October 2010, the most recent stable release is GnuCash 2.3.15 and this is available for free to users. The website states that version 2.4.0 is in the works.


HomeBank is a free and open source alternative to Quicken for personal and business accounting. HomeBank can provide the user with graphs and charts to analyse financial data in depth. HomeBank is available in approximately 50 languages and is compatible with Mac OS X, Windows, Gnu/Linux and some Nokia mobile phones. HomeBank users can change the appearance of the program to fit their needs because the software supports themes. The program also features the ability to tag transactions with identifying words and phrases or the option to predefine automated transactions.


KMyMoney is an accounting program that is compatible with operating systems such as Linux that have the KDE environment installed. As of October 2010, KMyMoney 4.5 requires KDE Platform 4 while older versions are compatible with KDE 3. KMyMoney users can find help at the program's website or support forums; the former includes an option to submit bug reports if the program is not working correctly. This program allows users to manage transactions and payees, create ledgers and create multiple accounts to organise business or personal financial data. KMyMoney has a tool that can import the user's data from GnuCash as well.


Ledger is an open source financial program available for Mac, Windows and Linux. Unlike most accounting software, Ledger does not have a graphic user interface. Instead, users access Ledger from the UNIX-command line, directly entering text commands with their keyboards. Novice users may find Ledger intimidating, while programmers may be more comfortable using this set-up. Ledger stores the user's financial data in a text file and supports the usage of multiple currencies. In addition to this, the program requires for the entries to balance in order to produce a report. Users of Ledger can join the forum or mailing list to seek help from the developers or other Ledger users.

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