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Frappe Books is a free, open source double-entry bookkeeping application for small businesses and freelancers with invoicing, expense tracking, and financial reporting. GPL-3.0 licensed, stores data locally.
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Frappe Books is an open source double-entry bookkeeping application for small businesses and freelancers that handles invoicing, expense tracking, and financial reporting without a subscription.
QuickBooks and Xero charge monthly subscription fees that are disproportionate for freelancers and very small businesses with straightforward accounting needs: invoicing clients, tracking expenses, and generating a profit and loss statement. Wave is free but cloud-only and monetizes through payment processing. Most free accounting alternatives have outdated UIs or lack proper double-entry bookkeeping discipline.
Frappe Books is a desktop application built on Electron with a modern web-based UI. It implements double-entry accounting (every transaction has a debit and credit entry), generates standard financial reports (P&L, balance sheet, trial balance), and handles GST and other tax workflows. Data is stored locally in a SQLite file. GPL-3.0 licensed.
Frappe Books is best for freelancers, consultants, and small businesses in their early years that need proper double-entry accounting at zero ongoing cost, and do not require the collaboration features or integrations of subscription-based accounting software.
Unlike QuickBooks, Frappe Books is completely free, stores financial data locally, and has no subscription. QuickBooks has a more mature feature set, payroll integration, and a larger ecosystem of accountant-certified workflows; Frappe Books covers core accounting needs for small businesses without the monthly cost.