Localmint
Localmint is an open-source alternative to QuickBooks that is designed for small businesses to manage their finances. It offers features like invoicing, expense tracking, financial reporting, and more.
accounting
finance
invoicing
expense-tracking
financial-reporting
small-business
Localmint: Open-Source Accounting Software for Small Businesses
Localmint is an open-source alternative to QuickBooks that is designed for small businesses to manage their finances. It offers features like invoicing, expense tracking, financial reporting, and more.
What is Localmint?
Localmint is an open-source web-based accounting software designed for small businesses and freelancers. Here is an overview of its key features and capabilities:
- Invoicing - Create professional invoices, enable online payments, track payments owed to you. Automatically calculate taxes.
- Expense tracking - Track business expenses. Categorize expenses. Attach receipts and generate expense reports.
- Financial reporting - Reports for profit/loss, cashflow, income, sales tax liability, and more. View custom reports.
- Bank/Credit transactions - Sync transactions from financial accounts. Reconcile transactions.
- Inventory management - Track product or service inventory. Manage stock levels with barcode tracking.
- Multi-user access - Add team members to collaborate across billing, inventory, accounting.
- Mobile app - Native iOS and Android apps to manage finances on-the-go.
- Hosted online or self-hosted options available. Localmint is an open-source alternative focused on usability and features for small business owners or sole proprietors.
Localmint Features
Features
- Invoicing
- Expense tracking
- Financial reporting
- Inventory management
- Time tracking
- Multi-currency support
- Bank account reconciliation
- Customer management
Pricing
- Open Source
Pros
Free and open source
User-friendly interface
Customizable invoices
Robust reporting
Works on Linux, Mac, Windows
Supports multiple languages
Cons
Limited integrations compared to QuickBooks
Less features than QuickBooks
Limited official support
Smaller user community than QuickBooks
Official Links
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