Akaunting

Akaunting is a web-based accounting platform designed to handle invoicing, expense tracking, and financial reporting. It runs on your own server or through the company's cloud service, giving you control over your data. The software supports double-entry accounting, multi-currency transactions, and automated recurring invoices. You can connect it to popular payment gateways like PayPal, Stripe, and Mollie to accept payments directly from invoices.

Akaunting offers a modular app store where you can extend functionality with plugins for payroll, inventory, or CRM. It integrates with banks via Plaid for automatic transaction imports. The software is built on PHP and Laravel, making it easy to self-host on Linux or Windows servers. A mobile app for Android and iOS lets you capture receipts and manage expenses on the go.

This tool is ideal for freelancers, small business owners, and accountants who want a cost effective alternative to QuickBooks or Xero. Akaunting is open source under the GPLv3 license, with paid cloud hosting and premium apps available. The project was founded by Denis Dinku and has a community of over 100,000 users worldwide.