Visit Website. 0. How do you manage your money? It's not about typos, its about "balancing the books". In fact, depending on the Linux distro you fancied, those four packages often comprised the entire financial software lot. Home > content > KMyMoney vs. GnuCash: Battle of Money Management KMyMoney vs. GnuCash: Battle of Money Management By srlinuxx Created 20/07/2013 - 9:25pm Submitted by srlinuxx on Saturday 20th of July 2013 09:25:00 PM Filed under Software [1] It?s really important to keep track of your financial position. What are the best free accounting applications? I tried GnuCash but for me it was a little too overkill just for the purpose of keeping tab on my personal finances. Up to today only found as a snitch that I cannot create opening balance accounts from where to feed the accounts but which are … Without these, GnuCash could not connect. Both seemed to show Transfer transactions twice and took a lot of hand-work to get to resemble the Quicken registers the file(s) came from. Both applications are excellent, so that margin of victory is rather slim. I use GnuCash and have tried KmyMoney as well. Archived. GnuCash, contrary to KMyMoney, isn't specialized for KDE but rather Gnome and other desktop environments which use the GTK toolkit. In Quicken and KMyMoney, when a new category is entered, the software will prompt with an option to create it. By Danny Stieben Jul 20, 2013. This guide will help you decide which is the best personal financial software for your needs. GnuCash walks the user through setting up their accounts making setup extremely easy for new users. GnuCash Alternatives. When comparing GnuCash and KMyMoney, you can also consider the following products. It's really important to keep track of your financial position. It's really important to keep track of your financial position. In fact, depending on the Linux distro you fancied, those four packages often comprised the entire financial software lot. Using the application is pretty straightforward -- you can manually enter in transactions into your various accounts while appropriately applying the correct income and expense categories. Going through the budgeting process allows you to find values where you can have a net income that is at least $0 so you won't go into debt. – jldugger Jul 17 '11 at 17:15 Of course, no accounting application is complete without a good budgeting feature, and KMyMoney delivers in this regard by allowing you to set your expected income and expenses on a monthly, yearly, or individual basis. The only packages I've seen are KMyMoney and GNUCash. > When I went to import a QIF file in GNU Cash (1.8.7), it failed with a > parse error, "data for number or date does not match a known format". Like I mentioned, it includes most features that KMyMoney includes as well, including direct connections with banks, the ability to import various files, create budgets, generate reports based on income and expense trends, and so on. Use it to manage your personal accounts. It's really important to keep track of your financial position. KMyMoney is a cross-platform double-entry bookkeeping system for personal finance management built on KDE technologies. Originally published Dec. 2013. However, GnuCash supports only accounts. 1. I installed both and the UI seems virtually the same. However, there is no easy way to reconvert your accounts to GnuCash from KMyMoney. Creating new reports requires programming that will be beyond the abilities (or desire to spend time and effort) of many users. There is a Q&A section at the bottom for frequently asked questions, particularly for those who are unfamiliar with GnuCash.. Pro Very good KDE integration [add description] ... I’m somewhere in the middle of the basic functionalities of kmymoney and the robust amount of power of homebank and gnucash. kmymoney vs moneydance. KMyMoney is an accounting application designed to be used with the KDE desktop environment, and similar to KDE's style of features and customizability, it comes packed with plenty of functionality. The most important reason people chose KMyMoney is: KMyMoney has a built in import function so users can easily import their financial information from other applications. GnuCash vs. KMyMoney vs. Moneydance. Additionally, KMyMoney makes it easier to use the application by not having to (re)enter everything manually. KMyMoney is more glitzy and pretty but didn't seem very intuitive to me, so I decided to go with GnuCash (GC). Thanks for the information! However, there is no easy way to reconvert your accounts to GnuCash from KMyMoney. The most popular alternative is HomeBank, which is both free and Open Source.If that doesn't suit you, our users have ranked more than 100 alternatives to GnuCash so hopefully you can find a suitable replacement. There is a Q&A section at the bottom for frequently asked questions, particularly for those who are unfamiliar with GnuCash.. Just my .02: I recently installed Kmymoney from SuSE 9.2 DVD and Gnucash from same. Or, if someone had converted from > MoneyDance to either. Penyimpanan ke file di KMyMoney terasa lebih cepat daripada GnuCash. GnuCash is not the only Personal Finance software available, and it is not necessarily the perfect choice for your requirements. Do you trust online services to provide calculated data about your finances? This bit of misinformation led me away from GNUCash for a number of years because I couldn't make sense of it. My question is, which is better? GnuCash is an open source personal finance service that is completely FREE. It is designed to easy to use. The best of the Linux lot were GnuCash, HomeBank, KMyMoney and Skrooge. Online banking can keep you up to date about your account activity and balance, but not every bank offers more tools than that in order to better track your finances. Comments are locked. I now understand it's wrong. However, between the two, I declare KMyMoney to be the winner, simply because it has the most features and the best interface to do the job. After setting these values, success. By fully using the double entry accounting features in GnuCash, you can know (for example) not only that you spent $25 at Hugemart but that you spent $13 on groceries, $2 on disinfecting wipes, and $5 on motor oil. If you don't want to enter all of this information, you can skip virtually all of them and just focus on creating the income and expense categories as well as the different types accounts (simply labeled as Cash, Checking, Savings, etc.).