GnuCash Accounting Package Installation for Your Business

In this blog, first of all I think to give you a valuable accounting software for your business. It is called GnuCash. I will give instructions to install GnuCash in an Ubuntu 18.04 operating system. But if you have Windows or Mac OS you can go to GnuCash website – www.gnucash.org and download and install the software. GnuCash is an open source double entry bookkeeping accounts package which is very useful for small business owners and startup companies. It is a free software. Therefore startups and small businesses can use this without paying. GnuCash has following features.

• Double entry bookkeeping
• Scheduled transactions
• Mortgage and Loan repayment assistance
• Invoicing and credit notes
• Accounts Receivable
• Accounts payable
• Bills due reminders
• Depreciation
• employee expense voucher
• Payroll management
• Budgeting
• Custom reports and charts
• Check printing
• Bank and Credit card reconciliation etc…

Important : you need to have a working internet connection for install GnuCash

Steps:

Open the terminal and type sudo add-apt-repository ppa:sicklylife/gnucash

After following dialog box appears press ENTER

Then type sudo apt-get install gnucash or sudo apt install gnucash

After following message appears press Y and wait. It will take sometime. Time depends on your internet connection speed and machine speed.

After installation, open GnuCash. Starting window is looks like this.

Start My Own Business

This is the dream of most of the people in the world. But over 90% startups are not successful. Because idea is not enough to successful in the business. You need to have a dedication, commitment, hungry for success, hard working ability, marketing, financial, Human resource knowledge as well. You have to work hard.

In this blog I will write my own experiences, gained knowledge and my theoretical knowledge about running a business. Actually I didn’t have a management background or knowledge. My background is technical. But I start my own business and successfully runs it more than 8 years. I learned lot of things in hard way. I try to share my knowledge and experience with some theoretical parts.

This is not a well organized blog or well organized articles. So, hope you can get some knowledge using this blog.

Thank you.