When Will OSS Financial Apps Catch Up?

RomulusNR asks: "One sticking issue preventing small groups such as small business and nonprofits from wholly migrating to Linux, or even open-source application software, is the sub-adequate feature scope of accounting applications. QuickBooks is the standard, easier for non-technical people to learn, and is free or extremely cheap for nonprofits, and comes built-in with nearly every tax form and chartered accounting reports imaginable. Open source software seems like a natural fit for nonprofits, but if they can't fulfill their legal financial obligations with it, it's a non-starter. Add to that the fact that most people are not terribly tech savvy, and some have spent a lot of time learning the few aspects of QuickBooks that are most relevant to them; retraining on a totally different app is not a practical endeavor. Is there any hope that the field of OSS accounting apps will catch up to the practical needs of those who would theoretically best benefit from them?" The linked article is from Newsforge which, like Slashdot, is owned by OSTG.

Comments

Probably never.

[ThousandStars]

I say "probably never" not because I'm a troll, but rather because you have to consider the nature of financial applications: they're difficult to write and require innumerable persnickety design detail to get right. These days Quicken has the "network effect" of many users, meaning that most banks offer downloads for Quicken. That's brutally hard to overcome, as the OO.org people know. In terms of taxes, one can now file online in the US if you're using the 1040EZ, I believe, and maybe even the regular 1040. So web apps may make that point moot. Even if they don't, tax information has to be updated every year. Who among developers wants this thankless job with no pay?

Financial apps are also not of major interest to developers - not only they require the attention to detail noted above, but attention to boring detail. Most developers are interested in development, not the nuts and bolts of small business accounting or something similar. As a result, I think it will be a very long time, if ever, before Linux "catches up." Of course, if more people were writing these apps instead of waiting for others to write them or writing about why others haven't written them, the choices would be much better.

Re:Financial Applications aren't fun to write

[invisage01]

I write an accounting application for some Australian industries. It's my day job - and i don't think it could get any more boring as far as development goes. Essential to business - hence there is a great deal of $$$ in it. This makes the boring task worthwhile - asking someone to do this boring task for no $$$ benefit is a HUGE ask. I often daydream of what i could be developing rather than accounting software - my work is mindnumbing and to businesses who use our software it is mission critical - so if things go wrong there is a great deal of abuse. For these reasons i don't think the OSS accounting packages are going to be available any time soon.

Re:The blurb is incredibly deceptive NO ITS NOT.

[Kadin2048]

Actually, I agree with this.

At least as I see it, unless a piece of software interfaces with my bank, it's not worth anything. Once you've used software that just sucks the transactional data directly from your bank and dumps it into your ledger, does all your reconciliation automatically, etc., etc., you can never go back. Ever.

It's the sort of thing that's valuable enough that it would be worth keeping a dedicated PC sitting around to do nothing else, if I had to use computers that couldn't run the package that did it.

From a small-business perspective, it saves hours of work a week, and in some cases might be the difference between just having the business owner do all the books themselves and hiring someone to keep track of receipts/bills/whatever (or perhaps more likely, hiring another regular employee so that they can devote their time to keeping track of the books).

As I understand it, GNUCash will download bank transactions from banks in Europe, because they use a standardized protocol for it. But here in the U.S., the de facto standard is the system used by Quicken, and it's all proprietary or similarly hobbled, thus no Free solutions that will do it. If anyone else can substantiate what the story is, I'd be interested.

But anyway, I agree -- a "general ledger" program that requires the user to input every transaction is not going to satisfy most people anymore. That might have been impressive 10 or 20 years ago, but what most people who use Quicken or Quickbooks want and expect is something that will integrate with their bank, get all their data, and do the balancing/reconciliation/reporting/tax-preparation for them. If you can't do that, IMO you're a non-starter.

That said, I don't think it's what's keeping people from transitioning to Linux: keeping Quicken going requires that you have ONE Windows PC, somewhere in a corner someplace. It's not the sort of thing that stops you from migrating a business, if you really wanted to switch. (How many businesses only have one computer? Not very many, and the ones that do, aren't very significant.) What I think is keeping people on Windows is inertia, pure and simple. Linux is different, people hate things that are different. You could have replacements for every application on the entire Windows platform and people would still find SOMETHING to keep them from switching, in order to rationalize their basic fear of leaving their comfort zone. The problem isn't that Linux doesn't have application x, the "problem," to a lot of people, is that Linux is not Windows. As long as Linux is not Windows, they will always find reasons not to switch to it. I call these people idiots, but they're a large percentage of the population.