What is Akaunting?
Akaunting is a popular open-source cross-platform accounting software that allows users to manage their finances efficiently. With its clean and intuitive interface, Akaunting provides a wide range of features that cater to the needs of small businesses, freelancers, and personal finance management. Akaunting is designed to make accounting easier, faster, and more enjoyable, with features such as journal entries, double-entry accounting, and reconciliation. The software is completely free to download and use, making it an excellent alternative to paid accounting software like Mint.
Main Features of Akaunting
Akaunting offers a wide range of features that make it an ideal choice for accounting and finance management. Some of the main features of Akaunting include:
- Double-entry accounting: Akaunting uses the double-entry accounting method, which ensures that all transactions are recorded accurately and consistently.
- Journal entries: Akaunting allows users to create journal entries, which provide a detailed record of all transactions.
- Reconciliation: Akaunting’s reconciliation feature ensures that all transactions are accurately recorded and matched, making it easier to manage finances.
- Multi-currency support: Akaunting supports multiple currencies, making it an excellent choice for businesses that operate globally.
- Customizable reports: Akaunting allows users to create customized reports, which provide a detailed overview of financial performance.
Installation Guide
System Requirements
Before installing Akaunting, it is essential to ensure that your system meets the minimum requirements. Akaunting requires:
- PHP 7.2 or higher
- MySQL 5.6 or higher
- A web server (Apache or Nginx)
Step-by-Step Installation Guide
Installing Akaunting is a straightforward process that can be completed in a few steps:
- Download the Akaunting software from the official website.
- Extract the downloaded files to a folder on your computer.
- Upload the extracted files to your web server using FTP or SFTP.
- Run the installation script by accessing the Akaunting URL in your web browser.
- Follow the on-screen instructions to complete the installation process.
Securing Your Data in Akaunting
Encryption and Backup
Securing your data in Akaunting is crucial to prevent unauthorized access and data loss. Akaunting provides several features to ensure data security, including:
- Encryption: Akaunting allows users to encrypt their data, which ensures that all transactions are protected from unauthorized access.
- Backup: Akaunting provides a backup feature that allows users to create regular backups of their data, which can be restored in case of data loss.
Dedupe Archives and Encryption
Akaunting also provides a dedupe archives feature, which ensures that all duplicate transactions are removed, and encryption, which protects all transactions from unauthorized access. To enable dedupe archives and encryption in Akaunting, follow these steps:
- Log in to your Akaunting account.
- Click on the