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Computerized Investing > June 15, 2013

GnuCash

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by CI Staff

GnuCash is a personal financial accounting software program that can keep track of your bank accounts, expenses and investment portfolios. GnuCash is essentially a blank ledger that allows you to add whatever account type you want, and keep track of your money efficiently from an accounting standpoint. This program is ideal for individuals as well as small businesses.

After downloading the program, it will ask you whether you want to import QIF files, create a new set of accounts or go to the new user tutorial. It’s useful for individuals to read over the extensive tutorial because it details the software’s functionalities as well as accounting and finance terms used throughout the program. Having a basic refresher of some accounting concepts from this tutorial will make the program easier to use. The tutorial also walks users through setting up accounts from a checkbook, loan, investment or more.

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