I use gnucash as a better check register and it almost got me understanding and doing accounting... couldn't recommend it strongly enough. Wonderful package.
OP's "its a spreadsheet doing what you do" is so much more welcoming to many of those just trying to be a business. There's folks trying to see if their hobbies will pay, who can use this. If you asked them to install gnucash they'd argue that "i'm not really in it for the money" because they're that scared of attempting to learn "Accounting".
Add Integration with payment processors and it should grow like a kudzu plantation.
> Add Integration with payment processors and it should grow like a kudzu plantation.
I think part of the appeal of GnuCash is it's an offline solution that integrates with nothing. You don't need to think about another company taking all of your private financial records and selling it to advertisers behind your back for profit.
Something like payment processor integration would require you to always be in a position to accept webhooks from your payment processor, which means standing up a web server. But if you really wanted to do this behavior you could likely pull it off without that. You could write a script that downloads your payment gateway's CSV files every day and write an app that imports that into GnuCash.
But honestly, that seems like overkill. Payment gateways will send you a 1099 every year with a monthly breakdown, so it only takes a few minutes to get these numbers into GnuCash.
I use GnuCash to manage my business in a similar way to spreadsheets. I mean, each GnuCash "account" is like a different spreadsheet sheet and you just add transactions to it. The only difference is you also have a column for where those funds get added to or removed from, but GnuCash can be configured to default to a specific account and then suddenly you barely have to think about the double-entry aspect of it.
I personally also like software that allows you to become a power user. GnuCash is one of them, but unfortunately not accessible to the vast majority of people –- too nerdy :P (not a criticism!).
Most people don't want to learn accounting tbh, not even that – they hate doing it.
But there's a screenshot in there near the middle showing how I tally up costs for Netflix. It's pretty much exactly like a spreadsheet. In a way it's even easier than a spreadsheet because a lot of columns are auto-filled out for you like the dates and all of the totals get auto-calculated for you. It takes like 3 seconds to make a new entry.
Hey – thanks for this.
That's exactly right, the phase of switching from spreadsheets to a double-entry accounting software should not be painful.
With WeKeep you can continue recording stuff as you were doing in a spreadsheet, but your accountant can also do more advanced journal entries where needed (e.g. record equity, accrue expenses, write off bad debt, ...).
OP's "its a spreadsheet doing what you do" is so much more welcoming to many of those just trying to be a business. There's folks trying to see if their hobbies will pay, who can use this. If you asked them to install gnucash they'd argue that "i'm not really in it for the money" because they're that scared of attempting to learn "Accounting".
Add Integration with payment processors and it should grow like a kudzu plantation.