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Linux Solutions - Finances
Many people are afraid to even try Linux because they don't think they can find the tools they need for their day-to-day computer use. They either think their needs are so specialized that no one else shares their need, or they may think anything they find would be too difficult for them to use. With any new software there can be a bit of a learning curve, but I do not believe that any software designed for the general public is going to be so difficult that people can't figure it out.
Today I'm going to take a look at software for doing your personal finances. There are many different options, often available on multiple OSes.
I am starting with this one because it is my personal favorite. Moneydance is written in java and therefore is available with Linux, Windows and Mac versions. Moneydance supports online banking and bill pay with with support for OFX, QFX, or QIF files. It will assist in managing your budget and stay on schedule with it's recurring or future transactions. You may track your portfolio, and generate useful reports and graphs quickly. Moneydance will import your data from Quicken or MS Money, or any other program that exports data using the QIF format. Moneydance offers extensive multi-currency support with automatically downloading up-to-date exchange rates and you may choose a different base currency for each account. There are also many available extensions for this software.
While Moneydance is proprietary software, it does have a free trial available and does deserve a look. The software will include updates and new version releases are often available for free or at a discounted price with a prior license.
KMyMoney2 is a Personal Finance Manager designed specificallly for KDE. The designers say that it operates similar to Quicken with support for various account types, categorization of expenses, multiple currencies, online banking support via QIF, OFX and HBCI, budgeting and a rich set of reports. KMyMoney is free software, and is released under the GNU Public License (GPL) version 2 or above.
GnuCash is designed to be easy to use, yet powerful and flexible. It allows you to track bank accounts, stocks, income and expenses. The simple interface is designed to be as quick and intuitive to use as a checkbook register, and includes professional accounting principles to ensure balanced books and accurate reports. GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU Public Licence (GPL) and available for Linux, Mac, and Windows.
PLCash is another platform-independent personal financial program. It is written in Java and will run on virtually any computer which has Java 1.5 or newer. PLCash helps one create and manage their persional finances with the ability to create reports and analyze your transactions. It does not have all the features that other options include, but it appears to be a good software for someone who doesn't need all the features of other options. PLCash is CareWare.
This is not meant to be an exhaustive list of all options available, but to demonstrate there are options available. I have not included programs which the main focus is to assist in creating or setting a budget even though there are many options for this. Nor have I not listed items that are more geared towards business needs but there are several included in this list. I also came across a list of online financial programs options as well.
The bottom line is don't let lack of the need of a program to do "x" stop you from trying Linux. You now can see options for doing your finances, but there are options to do everything else you're already doing in Windows, and sometimes the options are a lot better than you would expect.