Home accounting software is a free accounting software to download. It is easy-to-use, user friendly and flexible. It will meet the personal and small business needs of most…
Personal Capital
Personal Capital offers free financial software for tracking investments and planning for retirement, in addition to its tools for cash flow, spending, budgeting and net worth. Personal Capital’s focus is on investments, showing you the performance of your portfolio over time and helping you make decisions for the future, so its budgeting components aren’t as robust as other software.
If you’re not an investor or prefer fine-tuning your budget to getting the broad view, Personal Capital may not be the best fit. However, if you want to save for college or retirement, its free tools will show you whether you’re on track.
Personal Capital can be accessed via the web or apps for Android and iOS.
Microsoft Money Sunset Deluxe
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After discontinuing Microsoft Money Plus, Microsoft made Money Sunset Deluxe available for free. Microsoft Money Plus Sunset Deluxe replaces earlier versions of the software, but the only support for this software is online-only self-help.
Also, there are no online-services with this software: no online bill-pay, no data sync, no online quotes, no statement downloads. So be aware of its limitations and lack of future updates if you choose this option.
Microsoft Money Plus Sunset Deluxe is only compatible with older versions of Windows.
Quicken
Having been around for several decades, Quicken is one of the most established personal finance software on the market. You can use the software to manage various aspects of your financial life from budget creation to debt tracking, savings goals, and even investment coaching. The software features Excel exporting, which allows you to manipulate and perform additional calculations on your data. One of the more advanced features includes bill paying, which allows you to set up payments for your bills right from the software. You can even use it to track the value of your assets to have an accurate calculation of your total net worth. The app is robust enough to manage both your personal and business expenses and even handles property management functions like rental payments from tenants. The software starts at $35.99 and is available for Windows, MacOS, iOS, and Android.
YNAB
You Need a Budget, or YNAB, is a personal finance software that’s aimed to help you improve your financial literacy as you manage your monthly budget. As you create your budget and manage your daily finances, the software provides you with tutorials that will help you tackle some of the tougher financial topics. If you’ve been struggling with bad financial habits, YNAB can help you break those through a few basic financial management rules.
The software automatically links to your bank account, integrating your spending information for analysis and budgeting tracking. You can keep tabs on how you’re tracking toward your monthly budget and take action if you’re overspending. It doesn’t include any investment tracking capabilities. YNAB offers a 34-day free trial that allows you to use the software while you decide whether it’s right for your personal finance goals. The full software is $11.99 per month or $84 a year.
Turbotax
You may not necessarily need TurboTax to manage your finances throughout the entire year, but when it’s tax time, the software can come in handy. While it’s one of the pricier tax preparation tools, it’s also consumer-friendly, walking you through your tax preparation to help you accurately file your tax return. Entering your tax information is fairly simple—you can import your W-2 information from your employer or take a picture of it and the software will transfer the information into the form.
If you’ve used TurboTax in previous years, the software will remember much about your personal information and ask whether there have been any major changes. The most basic version lets you file your federal and state return for free if all you use is form 1040 with no attached schedules.
On the higher end, TurboTax Live connects you with a CPA or Enrolled Agent to give you personalized advice and answer questions about your tax return. Paid versions of TurboTax include a feature to help you uncover deductions you may not have known were available to you. While you can use TurboTax on the web, you can also download the software to your device for added security.
Personal Capital
Personal Capital allows you to manage all your financial accounts in a single platform. You can include your bank accounts, mortgage, and other credit accounts, plus your investment accounts, to have your complete financial picture right in front of you. If you have multiple accounts—as most of us do these days—using Personal Capital can save you from having to switch between multiple screens to understand where you stand.
If you have a portfolio of more than $100,000, you can get personalized financial advice based on your goals. While you’re charged a fee for this service, the financial advisors are obligated to provide you with advice that works in your best interest.
Use the software to tell whether you’re on track with your retirement and other investment goals. Even if you’re not quite ready to take advantage of the financial advisor, you can use Personal Capital to track your finances and investments in one place. The core software is free, but there may be fees for additional features.
Credit Karma
Credit Karma offers credit scores and reports, and it does a great job of helping you understand your credit and your credit options. You may find the product offers it delivers distracting, however.
Credit Sesame
Credit Sesame, a service that reports credit scores and helps you understand and manage your debt, offers a good user experience and great mobile apps. Its free version, though, lacks the competitions’ tools, and some features require a subscription fee.
NerdWallet
NerdWallet offers excellent money-tracking tools, mobile apps, and personal finance tips, but it also has minimal transaction management and a sprawling site layout.
CountAbout
Despite positioning itself as a personal finance app, CountAbout’s invoicing capabilities, transaction management, and budgeting tools will appeal to sole proprietors, too. However, its outdated interface and a few undercooked features keep it from competing with robust rivals.
Conclusion:
With this business accounting software, you’ll get invoicing, inventory, payroll management and more—plus a range of extra features to suit your individual business. It’s compatible with Windows 10 PCs and you can get started straight away with an easy installation process.