Have you been searching for an open source personal finance manager software to manage your expenses? Then CheckItOut is the one for you.

With CheckItOut, you can enter categories for your expenses such as food, travel and entertainment. Then as days go by you enter your daily expenses and keep track of where your money has been going to. the software also allows you to enter upcoming expenses such as monthly checkup charges.

The best part about this software is that it is open source. So if you feel that the features are insufficient, you can always build on top of it. some possible enhancements could include:

  • Investments management
  • Budgeting
  • Tax management
  • Monthly graphical reports
  • Filters and searchable transaction history

To run CheckItOut Personal Finance Manager, you’ll need the following environment:

  • A Ruby on Rails Server
  • MySQL
  • A little knowledge on Ruby on Rails (ROR)

Head on over to CheckItOut to download the free and open source personal finance manager software today!

* Updated 30 March 2009 – the post for CheckItOut was written way back in year 2007. the last time I checked this link, it seems to be down. if the site is really no longer available, do check out these alternatives:

  • GnuCash – GnuCash is personal and small-business financial-accounting software, freely licensed under the GNU GPL and available for GNU/Linux, BSD, Solaris, Mac OS X and Microsoft Windows.
  • TurboCash Accounting – TurboCASH .7 is an open source accounting package that is free for everyone to download and distribute under the terms of the General Public Licence (GPL). it is one of the world’s first fully-featured open source accounts packages for small business.
  • Quasar Accounting – Quasar Accounting software is a full function, stand-alone business accounting package. you may elect to use Quasar Accounting with the open source GNU General Public License (GPL) which is available free of charge.

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