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Akaunting description
Akaunting is free, open-source accounting software designed for small to mid-sized businesses. It offers tools for managing customers and vendors, tracking inventory, creating invoices, and generating financial reports. Akaunting also allows you to manage multiple companies and currencies within the same system. Its standout feature is its App Store, which allows you to extend the software’s functionality with additional modules.
Who is Akaunting best for
Akaunting is free, open-source accounting software for small businesses. Users love its ease of use and App Store for added features. However, some dislike the free version's limitations and customer support. It's best for those comfortable with open-source solutions and self-hosting.
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Best for small businesses needing open-source accounting.
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Ideal for finance, retail, e-commerce, and similar businesses.
Akaunting features
| Supported Akaunting supports recurring invoices, but setup might require cron jobs. |
| Supported Akaunting offers contact management features including CRM and customer profiles. |
| Supported Akaunting allows generating balance sheets, P&L, and cash flow reports. |
| Supported Akaunting supports plugins for customization and integration via its app store. |
| Supported Akaunting can automatically send payment reminders for overdue invoices. |
Akaunting reviews
We've summarised 78 Akaunting reviews (Akaunting GetApp reviews, Akaunting TrustPilot reviews, Akaunting Capterra reviews and Akaunting G2 reviews) and summarised the main points below.
- User-friendly interface, easy to navigate and use.
- Open-source and self-hostable, offering control over data.
- Customizable with an App Store offering additional modules.
- Free version available for basic accounting needs.
- Good for basic invoicing and expense tracking.
- Bait-and-switch tactics with the free version, locking users out and demanding payment after some time.
- Sudden license changes (from GPL to BSL) requiring unexpected and substantial yearly fees.
- Unreliable and buggy software, especially with add-ons and core features like bank feeds.
- Evasive and unresponsive customer support, often deleting forum posts and ignoring tickets, even for paid users.
- Aggressive and unauthorized billing practices, including double billing and difficulty obtaining refunds.
Akaunting pricing
The commentary is based on 17 reviews from Akaunting Capterra reviews, Akaunting G2 reviews, Akaunting GetApp reviews and Akaunting TrustPilot reviews.
Akaunting's pricing model is a major point of contention for users. Many report feeling misled by the "free" offering, only to discover unexpected charges and costly add-ons. Several reviewers mention subscriptions continuing after cancellation, difficulty obtaining refunds, and a lack of transparency regarding pricing changes.
See the Akaunting pricing page.
Akaunting alternatives
WaveBetter for businesses needing payroll and payment processing. Freelancers and contractors may find it easier to use. Keep in mind that customer support ratings are lower.Read more
ProfitBooksBetter for businesses seeking online payments, accounts payable features, and online invoicing. A free plan is available. ProfitBooks has more momentum than Akaunting.Read more
CraftybaseBetter for product businesses needing inventory and manufacturing tools. Primarily designed for product-based businesses, especially those selling handmade goods. More expensive.Read more
QuickBooks Desktop EnterpriseBetter for larger businesses. Offers advanced inventory management, order fulfillment, and payroll features. Locally installed with cloud access. More established, but potentially less agile and has some negative feedback regarding customer service and pricing transparency.Read more
MargBooksBetter suited for businesses operating in India. Caters specifically to industries like pharmacy, retail, and distribution in the Indian market.Read more
Akaunting FAQ
What is Akaunting and what does Akaunting do?
Akaunting is a free, open-source accounting software for small businesses. It offers features like invoicing, expense tracking, and financial reporting. While offering basic accounting tools, some users have reported issues with billing practices and customer support. It is customizable through an app store with additional modules.
How does Akaunting integrate with other tools?
Akaunting integrates with other tools primarily through its App Store, which offers various plugins and extensions. These modules enhance Akaunting's core functionality, allowing connections with payment gateways, CRM systems, and other business applications. However, reliance on these plugins may introduce compatibility issues.
What the main competitors of Akaunting?
Alternatives to Akaunting include open-source options like CloudStack and other free accounting software like ZipBooks. For small businesses seeking cloud-based solutions, Xero or FreshBooks are viable competitors. Larger businesses may consider QuickBooks or Zoho Books.
Is Akaunting legit?
Akaunting's legitimacy is questionable. While it's open-source and offers a free version, users report "bait-and-switch" tactics with sudden fees and aggressive billing. Concerns also include unreliable software, buggy add-ons, and unresponsive customer support. So, while technically safe, proceed with caution.
How much does Akaunting cost?
Akaunting is a free and open-source accounting software. There is no pricing information available regarding paid plans or add-ons. Therefore, determining if the product is worth it depends on individual needs and budget constraints.
Is Akaunting customer service good?
Akaunting's customer service is a significant point of concern for users. Many report unresponsive support, deleted forum posts, and ignored tickets. Some users even describe Akaunting's customer service as "combative" and "abusive." This negative feedback raises serious questions about Akaunting's commitment to customer satisfaction.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.