What accounting software would you recommend for first-time entrepreneurs? Are their any open-source solutions that can be self hosted that integrate with existing solutions?
I am just starting my journey into entrepreneurship, and have yet to choose a bank or accounting software, and would appreciate guidance. I am based in the UK, and will only be conducting business in the UK to start off with.
Not OP but there are a few open source options. GNU cash is friendlier for beginners due to the GUI. I like plain text accounting, specifically beancount.
As far as integrations, GNU cash lets you import from various formats like quicken while beancount has lots of plugins from the community like importers for various banks. I don’t believe either offer invoicing but you could integrate it yourself or just manually record.
IMO, the hardest part of keeping your own books is learning double entry accounting.
Starling Bank as the bank, and FreeAgent as the accounting software - it'll handle personal tax (self-assessment), corporation tax, VAT, and payroll. If you need an accountancy practice, I very much recommend Maslins - they'll provide FreeAgent access in that case as part of their fee.
I have had some luck with working across Linux and MacOS. I prefer MacOS shortcuts and use https://github.com/rbreaves/kinto to use MacOS shortcuts on an Ubuntu machine.
I also use JetBrains’s products extensively. I used to have on intellij settings repository for all products (PHPStorm, PyCharm, Webstorm), but I found the same issue that the settings wouldn’t sync in the way I wanted. I now have separate settings repositories for each product. This seems to be working better, although, it does require copying new shortcuts to each product.
I haven’t tried solely using IntelliJ Ultimate, so maybe I will see if I can configure that to work for different programming languages. I have been reluctant to do so, because the appeal of IntelliJ for me is that it makes it easy to work with a programming language. I don’t want to have to configure IntelliJ Ultimate when I want to use Kotlin or want to use Python. Maybe it has a nice way of handling that?
> I don’t want to have to configure IntelliJ Ultimate when I want to use Kotlin or want to use Python. Maybe it has a nice way of handling that?
Hmm, that's actually the point of the Ultimate version, I believe: it supports multiple languages quite nicely, from what I can tell. Finally convinced my work to pay for Ultimate so I no longer have to switch between PHPStorm and PyCharm.
To add support for a new language, you just download the first-party plugin pack (like Python plugin by Jetbrains for Python). Then point it to the interpreter/compiler, which can be set as a per-machine default and then overridden on a per-project basis as needed (like if you needed to use NumPy for a specific project, or a different NPM version). Most of the time it's just auto-detected and works out of the box... it only gets tricky if you have, say, macOS Python 2.7, homebrewed 3.x, and some strays in a Docker container. It'll detect all the ones it can and ask you to choose.
But other than that, projects can use multiple languages simultaneously with no additional configuration. You can even (in the IDE) combine multiple repos into one project, each with a separate git but presented together in the editor. Or use SQL/GraphQL inline in a JS file, for example. It all works pretty seamlessly if you DO have the right license (Ultimate).
In fact I believe the language-specific products are, for the most part*, stripped-down versions of Ultimate. It's all built on a relatively modular plugin system, with each language or module (like the database browser) as a plugin -- but they can't all be activated on every product, like you can't add the DB plugin to PyCharm Community Edition. Ultimate just allows you to enable every plugin.
*That's not 100% the case, maybe only like 90-95%. I have noticed some minor GUI differences between the products, such as being able to collapse buttons... but they are very minor compared to the benefit of being able to use all the languages in one IDE.
I think VSCode works like that too, but you'll need to install a lot more plugins to reach near-feature-parity with IntelliJ.
I am just starting my journey into entrepreneurship, and have yet to choose a bank or accounting software, and would appreciate guidance. I am based in the UK, and will only be conducting business in the UK to start off with.