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Is Free Accounting Software Trustable?

Discussion in 'General Business' started by saranya05, Mar 12, 2010.

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  1. #1
    I am running a business in a small scale and till now i've not maintained proper accounts for it , I hav planned to bring it in a higher level, so to maintain accounts i searched for many softwares.... I just came accross a free online accounting software. But i'm confused , Is this free software trustable.... can any of you suggest me ideas.
     
    Last edited: Mar 12, 2010
    saranya05, Mar 12, 2010 IP
  2. nEquity

    nEquity Member

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    #2
    For the most part its fine. The only problem is that it may not do everything you want it to do like the larger more customisable packages out there
     
    nEquity, Mar 12, 2010 IP
  3. perfectblue

    perfectblue Well-Known Member

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    #3
    I think there are lot of companies like this ..
    http://www.xero.com/
    This is also quite famous online...
    As it is all your fiscal financial data's i would recommend to have an accounting software at your place and maintain it
     
    perfectblue, Mar 12, 2010 IP
  4. bk871

    bk871 Well-Known Member

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    #4
    As perfectblue said, It's probably best if you can purchase accounting software rather then using the free online stuff. It's more dependable and more trust-able/secure.
     
    bk871, Mar 12, 2010 IP
  5. extraspecial

    extraspecial Member

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    #5
    Well why wouldn't it be trustable? Will it send your client list to your competitors or what? Sometimes free software are better than purchased :)
     
    extraspecial, Mar 12, 2010 IP
  6. bk871

    bk871 Well-Known Member

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    #6
    Yeah, I know what you mean but there are so many scams out there now-a-days. If you were to put your financial information online to an unsecure website, you're screwed.
     
    bk871, Mar 12, 2010 IP
  7. ppcIcon

    ppcIcon Peon

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    #7
    Does it do what you need it to do? If so, then use it. Just because its free is no reason to be afraid of it.
     
    ppcIcon, Mar 12, 2010 IP
  8. hioxseoengine

    hioxseoengine Peon

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    #8
    You can Trust more rather than other free accounting softwares. It is too secured site to maintain your accounts with SMS control and eBay tracking service.
     
    hioxseoengine, Mar 2, 2011 IP
  9. etc

    etc Well-Known Member

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    #9
    yes. you can trust lots of them especially if its from Linux such as gnucash.org
     
    etc, Mar 2, 2011 IP
  10. smg

    smg Well-Known Member

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    #10
    Yes, I'd say so! However, I wouldn't choose a free accounting application that hasn't had any recent development activity.
     
    smg, Mar 3, 2011 IP
  11. ironwater100

    ironwater100 Peon

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    #11
    mint.com is an accounting-type website that you can definitely trust.
     
    ironwater100, Mar 3, 2011 IP
  12. markgmktg

    markgmktg Peon

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    #12
    Yeah I second that. Mint is a good free one.
     
    markgmktg, Mar 3, 2011 IP
  13. Shelby

    Shelby Guest

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    #13
    Yes you can trust them because the softwares are having licensed so don't worrry..

    Shelby F. McCurnin
     
    Shelby, Mar 4, 2011 IP
  14. chestercaldwel

    chestercaldwel Peon

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    #14
    I think it's okay you can try this software. Free software are not harmful they have just limited features.
     
    chestercaldwel, Mar 4, 2011 IP
  15. Shelby

    Shelby Guest

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    #15
    Yes i m totally agreed with chestercaldwel,free softwares are not harmful also they can help you to solve any issue...

    I just see a website which is related to hardware software inventory so i suggest all of you the place is better to get online software or anything and 100% safe. Tell me your experience about praetorianguard.net

    Shelby F. McCurnin
     
    Shelby, Mar 11, 2011 IP
  16. lleamon

    lleamon Member

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    #16
    Mint might be a good solution, I'm not familiar with it, however, having been an Account Executive for Sage Software for 5 years, I can tell you that Peachtree Software is an excellent out of the box accounting solution for a small to medium sized businesses. Just be sure that the accountant you work with is familair with Peachtree and you should be good to go.
     
    lleamon, Mar 14, 2011 IP
  17. pikespeakhiker

    pikespeakhiker Peon

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    #17
    I would say yes. Only because I have typically been able to search for a link for free QuickBooks Pro whenever I have needed one for a business. Not sure if the holes have been plugged yet or not.
     
    pikespeakhiker, Mar 19, 2011 IP