Wednesday, 24 September 2008

Top 10 Linux Financial Tools (2/2)

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Many people don't realize the wealth of applications that are available for Linux. Plenty of outstanding financial applications are available for the Linux operating system – surprised??!!! Yes, you read it right: There is a Linux application for every financial need: from personal finance to business finance. Let's take a look at the top Linux financial applications…

6. Linux Business Accounting Systems’ BasicBooks: Linux Business Accounting Systems offers BasicBooks General Ledger for Linux ( This application features complete financial reporting, support for all decimal-denominated currency, and unlimited transactions. BasicBooks uses the PostgreSQL database and is easy to use and learn. One of the nicest features of this package is that transaction databases can be loaded into spreadsheets for report creation. System requirements are low (Linux OS with GTK+ library and PostgreSQL; the program requires only 373K bytes). BasicBooks costs $20 per CPU and is available in binary package form (for RedHat, Fedora, SuSe, Ubuntu, Vector, and others), which includes the user reference manual.


7. Quasar Accounting: A full-fledged POS package that can be run as stand-alone accounting software, Quasar ( is not open source (although a purchased commercial license provides full access to the source code) and is available for Linux and Windows. Features include international support, outstanding GUI, simple data entry, error correction, backup/restore, online help, multi-company support, data import, mailing labels, user-level security, chart of accounts, statement printing, journal entries, customer quotes, sales orders, invoicing, multiple taxes, discounting, price management, accounts receivable, and cash reconciliation. You can also download an evaluation version.


8. SQL-Ledger:, one of the oldest Linux accounting/ERP systems, is a double-entry system that has an amazing list of features, such as accounts receivable, accounts payable, voucher system, general ledger, inventory control, billing, time cards, POS, check printing, purchase/sales orders, taxes, multi-user/company, audit control, SQL server backend, templates, customers, vendors, chart of accounts, and financial statements. It is often considered the "best of" for Linux accounting. If you need a small to midsize financial solution, you should check out SQL-Ledger first!


9. Rapid Graphing Software for Technical Analysis of Stocks and Commodities: If you don't have or follow stocks/stock portfolios, you won't know what Rapid ( is for. Features include candlesticks, OBV, moving averages, Macd, Stochastics, RSI, Wilder DMI, Fibonacci, and Slope. Rapid will import text data and includes multiple journals that allow you to record your trades, graph trading performance and calculate totals for tax purposes. The Linux version of Rapid can print and share charts over the Net. Rapid is free to use and simple to install.


10. Crossover Office: Those of you who can't live without Quicken or Money can always use Crossover Office ( and install either of those applications. You will have to pay for both pieces of software, but if you need Quicken's (or Money's) features, you're in luck.

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