Side by side
GnuCash vs PocketSmith
Both stand on personal finance software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Free plan Open source AndroidAPIiPhone+4
GnuCash provides free desktop accounting for personal finances and small-business workflows, with reports, imports, and business tools. Its default XML storage is distinct from experimental database support, so users should account for that limitation.
Visit GnuCash
Free plan AndroidAPIiPhone+4
PocketSmith combines budgeting, reporting, bank feeds, and long-range forecasting, with a free tier for lighter use. Consider the free plan’s account and projection limits and the paid plans’ bank allowances when deciding whether it fits.
Visit PocketSmithThe facts
| GnuCash | PocketSmith | |
|---|---|---|
| Free plan | Yes | Yes |
| Open source | Yes | Not published |
| Runs on | Android, API, iPhone, Linux, Mac, Self-hosted, Windows | Android, API, iPhone, Linux, Mac, Web, Windows |
| Lowest paid plan | Free or on request | Foundation: $119.88 a year |
| Plans published | 1 | 7 |
| Maker | GnuCash | PocketSmith |
| Website | gnucash.org | pocketsmith.com |
| On personal finance software | #1 of 181 | #3 of 181 |
GnuCash: what it does well
- Free under the GNU GPL.
- Includes double-entry accounting.
- Offers small-business invoicing and bill-payment tools.
- Imports QIF and OFX files.
- Provides customizable reports and charts.
What to know first
- Database support beyond XML is experimental.
- Some reported database corner cases involve data loss.
- Main application is unavailable for iOS and iPadOS.
- Separate Android app appears abandoned.
PocketSmith: what it does well
- Free plan includes 12 budgets and 2 accounts
- Daily balance forecasts extend up to 60 years on Fortune
- Read-only bank feeds cannot move money
- Two-factor authentication is available on every plan
What to know first
- Free plan projection covers 6 months
- 60-year forecasting is available on Fortune
- Desktop apps are beta releases
Alternatives to GnuCash Alternatives to PocketSmith The whole list