About X-Accountant
X-Accountant is a program to keep track of your finances. Some
of the features are:
- Multiple accounts, which can be open at
the same time. Create one xacc account
for each of your bank accounts.
- Each account keeps a running balance and
a reconciled balance, so you can keep track
of the checks that have cleared your account.
- A simple interface. If you can use the
register in the back of your checkbook,
you can use xacc.
- Automatic account reconciling. At the end
of the month, open up the reconcile window,
enter your bank statement's ending balance,
and check off the transactions that appear
in the bank statement. This makes it easy
to track down any discrepancies.
- QuickFill... if you begin typing
in the description field, and the text matches a
previous transaction, hitting TAB will copy
that previous transaction. Handy if you have
similar transactions on a regular basis.
- Stock/Mutual Fund Portfolios. Track stocks
individually (one per account) or in portfolio
of accounts (a group of accounts that can be
displayed together).
- Quicken File Import.
Import Quicken Version 3.0 QIF files.
Advanced Features
X-Accountant offers some features not usually found
in simpler accounting programs.
- Sub-accounts: A master account can have a hierarchy
of detail accounts underneath it. This allows similar
account types (e.g. Cash, Bank, Stock) to be grouped
into one master account (e.g. Assets).
- Double Entry:
Every transaction can appear in two
accounts; one account is debited and the other is
credited with exactly the same amount. With
double-entry, a transaction edited in one window
will be automatically updated in all other windows
showing that transaction, and in both of the
accounts.
- Income/Expense Account Types
(Categories). When used properly
with the double-entry feature, these can be used
to create both Balance Sheet and Profits & Losses
reports. For example, savings account interest,
stock dividends, or paychecks can be marked as
both a deposit in a bank account, and as income in
an Income account type, using the double-entry
(transfer) feature. Similarly, credit card charges
can be noted in the credit card account, as well
as in a corresponding expense account.
- General Ledger: Multiple accounts can be displayed
in one register window at the same time. This can
ease the trouble of tracking down typing/entry errors.
It also provides a convenient way of viewing a
portfolio of many stocks, by showing all transactions
in that portfolio.
Version
This version is xacc-1.0b4
This is a beta development version with known
minor user interface bugs and no known major bugs.
It has been tested only lightly but seems to work.
It is not believed to corrupt data.