Open Accounting
Open Accounting: A low-cost ledger with split transactions, reports, and a REST API. Ranked #29 of 32 in Financial Management by our editors (6.4/10); pricing: Free plan; best for individuals needing a very low-cost basic ledger.
At a glance
- Editor score6.4 / 10
- PricingFree plan
- Best forIndividuals needing a very low-cost basic ledger
- Free planYes
- Core accountingYes
- Facts checked24 Sep 2026
Where it wins
- Double-entry records with customizable account categories
- Split transactions and balance sheet and income statement reports
- Free personal plan, plus web, Android, and REST API access
Where it doesn't
- Personal Plus is limited to personal use
- Business and Enterprise plan details are sparse
- No listed integrations beyond its web, Android, and API access
Our verdict on Open Accounting
Open Accounting is an open-source accounting platform for tracking personal and business finances. Its free Personal plan is for one user, making it a fit for individuals who want a basic ledger without a subscription. The core workflow uses double-entry bookkeeping, customizable accounts for assets, liabilities, equity, income, and expenses, and a transaction editor that supports splits. A dashboard surfaces spending categories and recent transactions, while reports include balance sheets and income statements.
The published plans show a free Personal option and Personal Plus at $0.99 per month for personal use with email support. Business costs $4.99 per month and lists email support; Enterprise has flexible arrangements and phone and email support, without a published price in the listed plan details. These are monthly prices. The product also lists a REST API for accessing and creating data, alongside a web interface and Android application. The server and web interface source code are MIT licensed, a useful consideration for buyers who value open-source software and API access. Choose a plan based on the support and use case it actually specifies rather than assuming the low personal price covers business needs.
The clearest fit is someone who needs bookkeeping fundamentals: categorized accounts, split entries, and standard financial statements. The product is a narrower choice for teams that need a clearly documented integration ecosystem or broader planning workflows; its described feature set centers on recordkeeping and reporting. Solo users can start with the free plan, while personal users who want email support can consider Personal Plus. Small businesses may find the listed Business tier relevant, but should compare its limited published plan detail with their operational requirements before committing.
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Open Accounting pricing
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Open Accounting fact sheet
| Free plan | Yes |
|---|---|
| Paid from | Not verified |
| Core accounting | Yes |
| Budgeting & forecasting | Not verified |
| Financial reports | Yes |
| Multi-currency | Yes |
| Entity consolidation | Not verified |
| Deployment | Cloud, Mobile |
| Platforms | Web, Android |
| Support | Email, Phone, Docs |
| Built for | Solo, Small business, Enterprise (editorial estimate) |
| Pricing | Free plan (source) |
| Website | openaccounting.io |
| Facts checked | 24 Sep 2026 |
Alternatives to Open Accounting
- Oracle NetSuiteA broad cloud ERP for organizations bringing finance and operations together.9.4
- CCH TagetikUnified planning, close, consolidation, and analytics for complex finance organizations.9.2
- AnaplanConnected financial and cross-functional planning for organizations coordinating complex plans.9.1
See all Open Accounting alternatives →
Also Ranked In
Open Accounting is ranked in 2 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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