Free Accounting Software + Tax Returns, BAS, Bookkeeping and Payroll from Free Accounting Pty Ltd

Free Accounting Software Videos

Installation instructions:

1. You probably already have Java installed, but if not or you are unsure, download and install java from here:

2. Download the desktop version from the below link and double click on it or select the option to open it when downloading.

Download the desktop version - click here

We've produced a series of desktop presentation videos to help you use Free Accounting Software more effectively. The videos can be accessed on the menu on the left.

Since July 2018 we now offer 2 products, a Desktop version and Cloud version. The desktop version will be more appropriate for the majority of our users and the cloud version will be more appropriate for the larger businesses, those with more accounting experience and those that are willing to put in a bit more effort to do things like bank reconciliations.

A comparison of the features is below.

Stores your data On your computer (Encrypted for security) On our servers in Australia
Works on PC, Mac, Linux (anything with Java) Anything with a web browser
Cost Free for businesses with up to 2 employees Will have a cost in future (which will be a reasonable cost)*
Bank reconciliation No (we've found a lot of people don't do it and don't want to) Yes
Single Touch Payroll (STP) Yes (as a new product supports the latest lodgements) Coming soon
Custom sales invoices Some customisations including addition of logo, payment terms etc. Yes
Inventory** No** Yes

* Free Accounting Software is free for micro businesses but we expect that businesses with 3 or more employees can and should make a contribution. For over 10 years from 2004 to July 2018 we have never charged for the software but our costs have increased dramatically over that time. We are therefore going to ask the larger businesses to make a contribution.

** A lot of micro businesses with inventory do not actually need an inventory system. E.g. if you run a fruit and vege shop or you have a low value of inventory on hand. Technically you have inventory but you don't put it through an inventory system. At year end you would do a stock take or even just an estimate of stock on hand.