Xgenious
Free & Open SourceMIT LicenseLaravel 13 · React 19Multi-Tenant

Free Accounting Software You Self-Host Forever

Genius Books is free, open-source accounting software for small businesses, accountants and agencies. Customers, quotes, invoices, payments, expenses, bank reconciliation, ledger and reports — plus 10 two-way finance integrations and a full REST API. Built with Laravel 13 and React 19. No per-seat pricing, no invoice caps, your data on your server.

Try Live DemoDocumentation

MIT License · No account required · No credit card · Unlimited businesses & invoices

12+

Modules

3

Roles

10

Integrations

∞

Businesses

PHP 8.4+

Backend

MIT

Forever Free

What is Genius Books?

Genius Books is free, open-source accounting software you self-host on your own server. It covers customers, quotes, invoices, payments, expenses, bank reconciliation, a chart of accounts, a double-entry-style ledger and financial reports — unlimited businesses and invoices, MIT licensed, with no subscription and no per-seat fees.

Screenshots

See It in Action

Real screenshots from the live demo. Every screen shown is fully functional and included free.

12 Modules. Complete Books.

From the first customer to the annual reports — every accounting workflow is built in and ready to use.

Multi-Tenancy & Onboarding

  • One install, unlimited businesses with strict company_id isolation
  • 3-step onboarding wizard: business, currency & financial year, tax & invoice numbering
  • Company switcher for accountants managing several clients
  • Auto-seeded chart of accounts, expense categories and email templates
  • Cross-tenant guard blocks any read or write outside the active business

Customers

  • Full CRM-lite records: contact, tax ID, billing & shipping addresses, payment terms
  • Search, status filters and bulk archive/activate
  • CSV import with all-or-nothing validation and duplicate skipping
  • Customer profile: invoiced, paid, credited, opening, outstanding and credit balance
  • Statement export (CSV/PDF) and ledger-posted opening balances

Products & Services

  • SKU unique per company, product/service type, unit price, tax rate and category
  • Search by name or SKU, filter by type/category/status, bulk actions
  • CSV import with the same validation rules as customers
  • Reusable line items across invoices and quotes

Quotes & Estimates

  • Same line-item, discount and tax engine as invoices
  • Lifecycle: Draft → Sent → Accepted / Declined, auto-Expired past valid-until
  • One-click Convert to a draft invoice with a fresh number
  • Keep your pipeline moving without re-entering data

Invoices — Authoritative Engine

  • Server-side InvoiceCalculator: line subtotal → discounts → per-line tax (inclusive or exclusive)
  • Statuses: Draft, Sent, Viewed, Partially paid, Paid, Overdue (derived) and Cancelled
  • Edit drafts only; sent invoices are immutable, cancelled never deleted
  • Signed public view + PDF, email delivery and queued reminders
  • Recurring invoices (weekly/monthly/yearly) with atomic per-company numbering

Payments & Credit

  • Partial, over- and multi-invoice settlement with payment allocations
  • Unapplied credit becomes visible customer credit
  • Idempotent recording protects against double-submits
  • Void with automatic ledger reversal and invoice recompute
  • Credit notes with optional refund out of a chosen bank account

Expenses & Vendors

  • 12 default categories plus unlimited custom categories
  • Vendor directory with address and tax ID; delete guarded when in use
  • Amount plus included tax, description, reference and notes
  • Receipt attachments (PDF/JPG/PNG) stored privately with authorized downloads
  • Recurring expenses generated on schedule and posted to the ledger

Bank Accounts & Reconciliation

  • Bank, cash and other accounts with ledger-derived running balances
  • Import bank statements via CSV (date, description, amount, reference)
  • Automatic matching by amount within a few days, plus manual match/unmatch
  • Create a transaction straight from an unmatched line
  • Reconcile to lock lines — your books always agree with the bank

Chart of Accounts & Ledger

  • Assets, Liabilities, Equity, Revenue and Expenses with parent/child hierarchy
  • A single ledger service is the only writer for every money movement
  • Paired transfers and counter-entry reversals keep history intact
  • Unified transaction list with type, direction, account, date and text filters
  • Manual transfers, adjustments and direct income posting

Reports & Statements

  • Profit & Loss, Income by customer/month and Expenses by category/vendor
  • Accounts Receivable with aging buckets (current, 1–30, 31–60, 61–90, 90+)
  • Tax Summary (collected, paid, taxable) and General Ledger with closing balances
  • Customer statements with opening/closing balance
  • Financial-year aware ranges with CSV and PDF export on every report

REST API & Developer Access

  • Owner-issued Bearer tokens (gb_*, SHA-256 hashed, one-time reveal, optional expiry)
  • Company-scoped /api/v1 endpoints for customers, products, quotes, invoices, payments, expenses, vendors and transactions
  • Paginated JSON responses with per_page up to 100
  • Revoke instantly; last_used_at audit trail
  • Same ledger-backed services as the UI — integrations cannot bypass the rules

Dashboard, Settings & Team

  • Dashboard KPIs: revenue, expenses, outstanding, overdue and net income
  • Revenue vs expenses and revenue trend charts with expense breakdown
  • Owner/Accountant/Staff roles with last-owner protection and server-side gates
  • Business, invoice, tax, email and SMS settings, plus Stripe online payments
  • ZIP data export and a platform admin console for operators

How to Set It Up in 3 Steps

Self-hosting free accounting software takes about 30 minutes — no Docker, no Kubernetes.

1

Install and host

Download the source, run composer install and npm run build, set your database credentials in .env, then run php artisan migrate. Works on a VPS or shared cPanel hosting with no Docker.

2

Create your business

Register and complete the three-step wizard: business details, currency and financial year, then tax and invoice numbering. Invite accountants and staff with the right role.

3

Run your books

Add customers and products, raise invoices, record and allocate payments, import bank statements and reconcile them, then review profit and loss and receivables aging.

Integrations

10 Finance Platforms. Two-Way Sync.

Connect your books to the tools your clients and team already use. Push local records out and pull remote records in — with encrypted tokens and a full audit log of every sync.

Xero logo

Xero

api.xero.com/api.xro/2.0

Syncs: Contacts, invoices, payments, chart of accounts

QuickBooks Online logo

QuickBooks Online

quickbooks.api.intuit.com/v3

Syncs: Customers, invoices, payments, accounts

FreshBooks logo

FreshBooks

api.freshbooks.com

Syncs: Clients, invoices, payments

HubSpot logo

HubSpot

api.hubapi.com

Syncs: Contacts, deals

Zoho Books logo

Zoho Books

zohoapis.com/books/v3

Syncs: Contacts, invoices, bills

Wave logo

Wave

gql.waveapps.com

Syncs: Customers, invoices, transactions

Sage Business Cloud logo

Sage Business Cloud

api.sage.com

Syncs: Customers, invoices, payments

Oracle NetSuite logo

Oracle NetSuite

suitetalk.api.netsuite.com

Syncs: Customers, invoices, journal entries

MYOB logo

MYOB

api.myob.com/accountright

Syncs: Customers, invoices, payments

Kashoo logo

Kashoo

api.kashoo.com

Syncs: Customers, invoices, expenses

How two-way sync works

Connect once

Add the provider access token (and refresh token / org ID where required) under Settings → Integrations. Tokens are encrypted at rest.

Push

Send local customers, invoices and payments out to the provider with the correct mapped fields.

Pull

Fetch remote records and create or update the matching local record.

Audit everything

Every push and pull writes a sync log (direction, entity, status, payload) and updates last_sync_at / last_error.

Sync runs from the portal or programmatically through the REST API once a provider is connected. Integrations are strictly company-isolated: a sync started in one business can never read another.

A Full REST API, Included

Build your own integrations, mobile apps or automations. Create company-scoped Bearer tokens and use the same ledger-backed API the UI is built on.

Endpoints

GET /api/v1/me
/api/v1/customers
/api/v1/products
/api/v1/quotes
/api/v1/invoices
/api/v1/payments (+void)
/api/v1/expenses (+void)
/api/v1/vendors
/api/v1/transactions (+transfer / income / adjustment)

JSON, paginated with ?page=1&per_page=15 (max 100).

Create a customer

curl -H "Authorization: Bearer gb_..." \
  -H "Content-Type: application/json" \
  -d '{"name":"Acme Corp","email":"[email protected]"}' \
  https://your-app.com/api/v1/customers

Create an invoice

curl -H "Authorization: Bearer gb_..." \
  -H "Content-Type: application/json" -d '{
    "customer_id":1,
    "issue_date":"2026-09-25",
    "due_date":"2026-10-09",
    "items":[{"description":"Consulting",
              "quantity":10,"unit_price":"75.00",
              "tax_rate":10}]
  }' https://your-app.com/api/v1/invoices

Genius Books vs Other Free Accounting Software

A side-by-side look at the most common free and open-source options: Akaunting, Wave, Zoho Books and Invoice Ninja. Source: each vendor’s public pricing and documentation, September 2026.

FeatureGenius BooksAkauntingWaveZoho BooksInvoice Ninja
LicenseMIT (true open source)Open source + paid appsProprietaryProprietary (free tier)Elastic License v2
Self-hostedYesYesNoNoYes
Multi-tenant (multi-company)UnlimitedMulti-companyOnePaidMulti
Unlimited invoicesYesYesYes~1,000/yr freeYes
Full accounting (ledger, P&L, aging)YesYesYesYesInvoicing-first
REST API on free tierIncludedPaid appNo public APIPaid/partnerYes
Finance integrations included10 two-wayMarketplace (paid)LimitedOwn suiteAutomation platforms

Roles That Match Your Team

Three roles per business, enforced on the server — hiding the button is never the only control.

Owner

Everything: settings, team, data export and all financial modules.

Accountant

Customers, products, invoices, payments, expenses, accounts and reports — no business settings or team management.

Staff

Day-to-day selling and spending: customers, products, invoices, payments and expenses. Cannot void payments, manage accounts or view reports.

New to small-business accounting?

Double-entry bookkeeping was codified by Luca Pacioli in 1494 and is still the standard behind every modern accounting system. Genius Books records each money movement through a single ledger service so balances are always derived and auditable, rather than typed in by hand.

Built on a Modern, Battle-Tested Stack

No Docker required. Runs on any standard PHP hosting: Laravel Herd, Forge, a VPS or shared cPanel.

Laravel 13

PHP backend, routing, ORM, queues

React 19

TypeScript UI with Inertia.js

Tailwind CSS 4

Utility-first styling

MySQL 8 / SQLite

Production / local database

Spatie Permission

Team-scoped role-based access

Barryvdh DomPDF

Invoice and report PDFs

Vite 7

Frontend build pipeline

Laravel Queue

Email, reminders, recurring jobs

Stripe

Online invoice payments + webhooks

Server Requirements

Runs on any standard PHP hosting. No Docker required.

PHP8.4+
DatabaseMySQL 8.0+ / MariaDB 10.4+
Composer2.x
Node.js20+ (build assets)
Web ServerNginx / Apache / cPanel

Queue and scheduler run from cron on shared hosting:queue:work --stop-when-empty andschedule:run every minute.

Frequently Asked Questions

Is Genius Books really free with no invoice limits?

Yes. Genius Books is MIT licensed with no paid tier and no feature locks. You get unlimited businesses, customers, invoices, payments and expenses, plus the full REST API and all ten finance integrations. Nothing is gated behind an upgrade, an email signup or a per-seat fee.

Is it a good QuickBooks, Xero, Wave or Akaunting alternative?

It covers the same core workflows — invoicing, payments, expenses, bank reconciliation, chart of accounts, profit and loss and receivables aging — and unlike most free tools it is self-hosted, multi-tenant and ships a full REST API at no cost. If you need to own your financial data, it is a strong alternative.

Does it support multiple companies?

Yes. Genius Books is multi-tenant from the ground up. One installation hosts unlimited businesses with strict company_id isolation, a company switcher and per-company roles. Accountants and agencies can serve many clients from a single deployment without any data leaking between them.

Can I sync with Xero, QuickBooks or HubSpot?

Yes. Ten finance platforms support two-way push and pull sync: Xero, QuickBooks Online, FreshBooks, HubSpot, Zoho Books, Wave, Sage Business Cloud, Oracle NetSuite, MYOB and Kashoo. Access tokens are encrypted at rest and every sync is written to an audit log.

Is there an API for building integrations?

Yes. Create company-scoped Bearer tokens under Settings → API applications and call /api/v1 for customers, products, quotes, invoices, payments, expenses, vendors and transactions. Responses are paginated JSON, tokens are revocable and an expiry can be set. The API uses the same ledger-backed services as the interface.

Can I self-host on shared hosting or a VPS?

Yes. PHP 8.4 with MySQL 8 runs on any VPS using Nginx or Apache, and shared cPanel hosting works too. On shared hosting the queue is driven from cron with queue:work --stop-when-empty and the scheduler runs every minute. No Docker or external service is required.

Can I modify the source code?

Yes. The complete Laravel and React source is included under the MIT license. You can modify it, white-label it, redistribute it or build commercial products on top with no restrictions — unlike source-available tools such as Invoice Ninja (Elastic License v2) or Manager.io (FSL).

How do I upgrade when a new version is released?

Pull the latest code, run composer install and npm run build, then php artisan migrate. The project follows semantic versioning with tagged releases and ships a migration guide per release. There is no licence server or activation step to re-verify after an upgrade.

Download the Free Accounting Software

No account. No credit card. No per-seat fees, no invoice caps. MIT license. Enter your email and get the download link instantly.

Need help setting it up? Contact Xgenious for an installation service