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Free, open-source online accounting
Akaunting is a free, open-source, online accounting software for small businesses and freelancers, providing invoicing, expense tracking, bank reconciliation, client portals, and financial reporting with the option to self-host for free or use Akaunting Cloud. An app store of add-ons lets users extend it with features like payroll, inventory, and custom modules.
The platform covers core accounting: create and send invoices, accept online payments, track expenses and bills, manage customers and vendors, reconcile bank accounts, handle multiple currencies, and generate reports. Being open-source, the self-hosted Standard version is free forever, while the cloud and premium apps add convenience and advanced capabilities for growing businesses.
Akaunting offers a free self-hosted Standard edition, and Akaunting Cloud from around 15 dollars per month for managed hosting, with higher cloud tiers (Premium, Elite, Ultimate) adding features and capacity, plus paid apps from the marketplace. Aimed at small businesses and freelancers wanting free or low-cost accounting, it competes with Wave, Zoho Books, FreshBooks, QuickBooks, and Invoice Ninja.
Pricing Model
freemium
Starting Price
$0/mo
Free Options
Free version, Free trial
| Feature | Self-Hosted | Cloud | Premium |
|---|---|---|---|
| Free forever | — | — | |
| Open source | — | — | |
| Invoicing and expenses | — | — | |
| Bank reconciliation | — | — | |
| Data ownership | — | — | |
| Managed hosting | — | — | |
| Automatic backups | — | — | |
| Client portal | — | — | |
| Online payments | — | — | |
| No server to manage | — | — | |
| Higher capacity | — | — | |
| Premium apps | — | — | |
| Advanced reporting | — | — | |
| More users | — | — | |
| Priority support | — | — |
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Compliance Standards
SOC 2 Type II
EnterpriseISO 27001
EnterpriseGDPR Compliant
GlobalHIPAA
HealthcarePCI DSS
FinanceCCPA
PrivacyFedRAMP
GovernmentCSA STAR
CloudDeployment & Data
Data Residency Options
Verify with vendor for your specific region requirements.
Free accounting and invoicing for small businesses.
Online accounting software for growing businesses.
Cloud accounting and invoicing built for small businesses.
Accounting and financial management software for small businesses
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