Many GnuCash users create a static budget in a spreadsheet, then run an income statement in GnuCash to compare the two. I only spend 1-2 hours per month working in GnuCash now.Įdit: should also add, that the actual budget tool in GnuCash is lacking. But once everything is set just how you want it, it is easy. It took me a year or two before I was finally done tinkering with my chart of account and saving report configurations to meet my needs. You can set up your chart of accounts as desired, then set the opening balance for each account.Īgain, it would likely not the the ‘easiest’ switch as GnuCash does have a leaning curve. Unless having your complete history in one software is an absolute must, you could just plan to start using GnuCash on the fist of the new year. The importer will allow you to designate every column on your csv file to an appropriate matching field. In theory you should have no problem importing brokerage data, although it may be a bit tedious. So you could download it and see if it meets your needs. GnuCash is just plain free, no trial to worry about.
There are also options that will allow you to connect it to your back account, but I didn’t want that anyways, so I import my transactions with a CSV.
#MONEYSPIRE FORUM UPDATE#
There are options for automatically getting stock prices, to update your portfolios. Once you have your accounts set up how you want, you should be able to easily import your current data into GnuCash. It allows you to set up your account how you want, allowing you to generate reports that meet your needs. There is a learning curve, but it is also flexible. You could also store them locally if you don’t want anything in the cloud. I store my data files in Dropbox so it’s always backed up and accessible from multiple computers. I first stumbled upon it looking for an offline option that doesn’t require bank connections. but damn, it’s fantastic and it’s free!!! It is not the prettiest software, and may require more manual entry, and will require a very basic understanding of double entry accounting (or willingness to learn), and there is no phone app. Never used AceMoney before, but if you want an offline software GnuCash is the way to go. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit.
#MONEYSPIRE FORUM HOW TO#
Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. Scam alert: Ignore any private messages or chat requests.
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