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What's new in Free Accounting
Features for Registered Users Only
Free Accounting Help
Free Accounting Installation
Standard Installation
Advanced Installation
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MSDE Installation
Update to newer version
Repair Free Accounting
Remove Free Accounting
Free Accounting Introduction
News
Registration Process
Re-registration Process
Login
Open Sample Company
Create New Company
Open Existing Company
Interface Overview
Quick Jump and Web Search Toolbars
Button Bar
Navigation Bar
Reports Toolbar
Right-click function
Settings and Database Management
Manage Free Accounting users
Inventory costing methods
Change the language of interface
Back up the database
Restore the database
Free Accounting Lists
Companies List
Chart of Accounts
Master Transaction Ledger
Items List
Inventory Control Journal
Sales Tax Code List
Units of Measure List
Customer Classes List
Terms List
Tax Jurisdictions List
Ship Via List
Countries List
State/Provinces List
Customers List
Vendors List
Payees List
Contacts List
Free Accounting Company
Companies List
Journal Entries List
Chart of Accounts
Master Transaction Ledger
All Contacts
Customers
Vendors
Payees
States / Provinces
Countries
Items List
Inventory Control Journal
Purchase Orders List
Sales Orders List
Receipts List
Invoices List
Return Receipts List
Debit Memos List
Return Invoices List
Credit Memos List
Bills List
Post Entries
Fiscal Periods
Free Accounting Items
New Item
New Build Assemblies
Items List
Units of Measure
Build Assemblies List
Physical Adjustment
Inventory Control Journal
Free Accounting Banking
Bank Reconciliation
Check Register
Deposit Funds
Print Checks
Receive Payments
Write Check
Free Accounting Vendors
New Vendor
Vendors List
Purchase Orders List
Receipts List
Return Receipts List
Debit Memos List
Bills List
Write Check
Pay Bill
Payments and Charges History
A/P Aging Summary
Create Purchase Order
Create Receipt
Create Return Receipt
Create Debit Memo
Create Bill
Record Opening Balance
Free Accounting Customers
New Customer
Customers List
Sales Orders List
Invoices List
Return Invoices List
Credit Memos List
Receive Payments
Invoice Reconciliation
Payments and Charges History
A/R Aging Summary
Create Sales Order
Create Invoice
Create Return Invoice
Create Credit Memo
Record Opening Balance
Free Accounting Reports
Reports export to different file formats
Vendors and Payables
Customers and Receivables
Sales
Banking
Payees
Company and Financial
Lists
Accountant and Taxes
Documents
Items
Modify Reports
Memorized Reports
Memorized Report List
Report Finder
Free Accounting Options
Change the interface settings
Turn the banners on / off
Enable split in the 'Receive Payment' window
Set masks
Allow / restrict items zero quantity on documents
Set default Unit of Measure
Select a domain for Amazon search results
Reports options
Free Accounting Tutorial
Introduction
Conception
Get Started
Lesson 1. Company Information in Free Accounting
Lesson 2. Create a Vendor in Free Accounting
Lesson 3. Create an Item in Free Accounting
Lesson 4. Purchase an Item in Free Accounting
Lesson 5. Create Receipt in Free Accounting
Lesson 6. Make Payment to the Vendor in Free Accounting
Lesson 7. Vendor Pay Bills in Free Accounting
Lesson 8. Create a Customer in Free Accounting
Lesson 9. Create a Sales Order in Free Accounting
Lesson 10. Create an Invoice in Free Accounting
Lesson 11. Receive Payment form the Customer in Free Accounting
Lesson 12. Reconcile Payment with Charge in Free Accounting
Lesson 13. Customer Return Invoice in Free Accounting
Lesson 14. Create Credit Memo in Free Accounting
Lesson 15. Vendor Return Receipt in Free Accounting
Lesson 16. Create Debit Memo in Free Accounting
Lesson 17. View Reports in Free Accounting
Lesson 18. Bank Reconciliation in Free Accounting
Lesson 19. Trial Balance in Free Accounting
Free Accounting Support
Free Accounting Glossary
Troubleshooting
What's New in Free Accounting
Free Accounting 2.0.0
  1. New inventory costing method was added: Average Cost.
  2. Usability of documents was improved:
    • document names were changed (from PO Receipt to Receipt, from Return SO to Return Invoice, from Return PO to Return Receipt, from Return PO Receipt to Debit Memo);
    • shortcut keys were added to the documents;
    • document statuses were changed;
    • document forms were changed;
  3. Update / Repair process was modified.
  4. Inventory on Hand and Physical Inventory Worksheet reports were added.
  5. A number of bugs was fixed.


Free Accounting 2.0.0 Features for Registered Users Only:
Note: These features will be available to non-registered users for 30-days trial period.
  1. New inventory costing methods were added: FIFO, LIFO.
  2. The Inventory Control Journal was changed.
  3. Change of documents flow:

Free Accounting 1.0.1.39
  1. Completely new Free Accounting setup.
  2. New startup screen with three options. Click here for more information.
    • Open Sample Company;
    • Create New Company;
    • Open Existing Company.
  3. Create Company Wizard. Click here for more information.
  4. Improved Company logotype feature. Click here for more information.
  5. Possibility to add pictures to items. Click here for more information.
  6. Possibility to Add New items (such as states / provinces, countries, items, UOMs, accounts etc) and contacts (vendors, customers, payees) on to windows (such as New Item, New Customer, New Vendor etc) without closing them.
  7. Possibility to write one more check without closing the Write Check window was added.
  8. New option was added (Main menu -> Tools -> Options -> Accounting -> Documents): you can turn on / off the warning message, when saving documents with items having 0 quantity. Click here for more information.
  9. Possibility to print Journal Entries and MTL records was added.
  10. New Report was added: Bill (Reports / Documents). Click here for more information.
  11. Modify Report feature was added. Click here for more information.
    • Show / hide report elements, change the font of report elements;

    • Change the report column name

    • Move / resize report columns

  12. Memorized Reports feature was added. Click here for more information.
  13. Report Finder form was added. Click here for more information.

Free Accounting 1.0.0.7
  1. Free Accounting administrators can make backup/restore operations not only under login and password SA.
  2. Possibility for selecting database to restore.
  3. Web Search Bar.
  4. Free Accounting News window.

Free Accounting 1.0.0.6
  1. Quick Jump Toolbar.

Free Accounting 1.0.0.6. Features for Registered Users Only:
  1. Assembly Inventory Item.
  2. Build Assembly.
  3. Add / turn off banners option.

Free Accounting 1.0.0.5
  1. Opening Balance for Customer and Vendor with selection of Equity Account.
  2. Opening Balance for any Account in Account Edit Window.
  3. Quantity on Hand Column in Items list.
  4. Correct Tax Calculation in case of Tax Jurisdiction hierarchy.
  5. Inventory Control Journal List fields:
    1. TransUom - UOM of document line.
    2. Stock Qty - UOM of document line in Stock UOM of item.
  6. Bill document.
  7. Credit Limit Report.
  8. Fiscal Period checking for all Documents.

Free Accounting 1.0.0.5. Features for Registered Users Only:
  1. Multilanguage feature.
  2. Company Logotype.
  3. Export from Reports to different file formats.
  4. Reports:
    1. Statement of Cash Flows.
    2. Delivery Slip.
    3. Receipt Payment

Free Accounting 1.0.0.4
  1. Delivery Slip was added to the Documents reports.
  2. Receipt added to the Banking reports.
  3. UOM column added to the Invoice and Credit Memo documents.
  4. Quantity on Hand column added to the Items List.

Free Accounting 1.0.0.2
  1. General document improvements.
  2. Document printing now available from their respective edit windows.
  3. Modified menu and toolbars.
  4. All reports now support regional currency option.
Free Accounting Software