Open source becomes a huge community. You can find every commercial software alternative in open source. Its popularity growing day by day with fast speed. There are a number of open source small business accounting software available, these software can perform basic ledger bookkeeping, invoicing, inventory tracking, point of sale, payroll, taxes, reporting, and forecasting, etc.

Let us see some of the famous small business accounting programs.

xTuple PostBooks
xTuple is an enterprise software company. It develops open-source software under the brand name xTuple ERP. xTuple PostBooks is a free and open source accounting application. It provides the features of multi-user and multi-location, trouble tickets, a task manager, quotes, shipping/receiving, bill of materials, and assemble-to-order Configurator. It performs a number of tasks like accounts receivable and payable, bank reconciliation, financial reporting. It provides flexibility for a range of businesses and industries, of any size. It provides the flexibility to run on the cloud or on a local server. It supported across platforms like Linux, Mac, and Windows.

Compiere
Compiere is an open source small and medium-sized ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) software solution. It enables businesses, government agencies, and non-profit organizations, distribution, retail, manufacturing, publishing, healthcare to easily manage the functions of financial, distribution, sales, and service processes. It allows customization freedom. You can customize this solution according to their needs. It is supported across platforms, Unix and Microsoft Windows. It is released under the license of GPL. It has been translated into several languages.

GnuCash
GnuCash is an open-source account management software tool. It is used for maintaining the record and book-keeping for individual and small business. It provides the freedom of customization, you can customize this application according to your specific need. It supported multiple languages and also designed for cross-platform like Linux, BSD, Solaris, Mac OS X, and Microsoft Windows. It provides numbers of features to user like it supported double-entry accounting system, allows you to keep up stock fund accounts, provide the facility to print all the important business reports and graphs, supported account payable and receivable and many more.

TurboCASH
TurboCASH is an open-source accounting application for small businesses. It allows their user to manage inventory and stock pricing, trial balance, point of sale platform, provide invoicing and batch operation, stock pricing and access control, VAT accounting and multi-user control, etc. TurboCASH provides very comprehensive features of reporting and analysis. It provides the facility you can handle more than one company and use more than one user by using this software. The main goal of TurboCASH is to provide easy to use software solution. It is free of cost accounting software however, TurboCASH offers commercial support to their user.