TurboCASH

Manage general ledger, invoicing, inventory, and financial reporting for small to medium businesses.

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  • Overview
  • Features
  • Pricing
  • Pros
  • Cons
  • Reviews

TurboCASH Overview

  • Updated December 18, 2025

TurboCASH is an open-source business accounting software designed for small to medium-sized enterprises. It offers comprehensive features including general ledger management, invoicing, inventory tracking, and financial reporting. With support for multiple currencies and VAT/GST compliance, it streamlines bookkeeping tasks.

Its user-friendly interface and customizable options make it suitable for various industries. TurboCASH is available on Windows and supports multi-user access, enhancing efficiency for businesses seeking cost-effective accounting solutions.

Key Features

  • General Ledger: Record all financial transactions in a centralized system for accurate financial oversight and reporting.
  • Cash Book: Manage bank accounts and cash transactions to track cash flow effectively.
  • Debtors Management: Track customer invoices and payments to ensure timely collections and accurate records.
  • Creditors Management: Monitor supplier invoices and payments to maintain good vendor relationships and accurate payables.
  • Invoicing: Create and manage invoices, quotes, and credit notes for streamlined billing processes.
  • Inventory Management: Track stock levels, costs, and sales to optimize inventory control and reduce waste.
  • Bank Reconciliation: Match bank statements with accounting records to ensure accuracy and identify discrepancies.
  • Multi-Currency Support: Handle transactions in multiple currencies for businesses operating internationally.
  • VAT/GST Management: Automate tax calculations and ensures compliance with regional tax regulations.
  • Financial Reporting: Generate balance sheets, income statements, and custom reports for informed decision-making.
  • Multi-User Access: Allows multiple users to collaborate with controlled permissions for secure data access.
  • Budgeting: Create and track budgets for projects or cost centers to control spending and plan finances.
  • Access Control: Set user permissions to protect sensitive financial data and ensure secure operations.
  • Point of Sale (POS): Support sales transactions for retail businesses with integrated payment processing.
  • Fixed Assets Management: Track and depreciate fixed assets to maintain accurate asset records.
  • Job Costing: Monitor project costs to ensure profitability and efficient resource allocation.
  • Sales Analysis: Provide insights into sales performance to identify trends and optimize strategies.
  • Purchase Orders: Manage purchase orders to streamline procurement and track supplier commitments.
  • Spreadsheet Import/Export: Integrate with spreadsheets for easy data transfer and analysis.
  • Batch/Journal Entry: Process multiple transactions efficiently through batch or journal entries for quick updates.

Price

Edition / Plan Price / Fee Details / Notes
TurboCASH 4 (free-version) Free Basic accounting, general ledger, invoicing, cash-book — suitable for small businesses or very basic bookkeeping.
TurboCASH 5 – Single-user / Business Class US $60 per year (or US $6/month as monthly subscription) Full-feature version with improved performance, updates, and support.
TurboCASH 5 – Multi-user License US $200 per year (or ~ US $19/month) Designed for small to medium businesses needing multiple users, access control, multi-company capability, network/cloud deployment.

Pros

Competitor Pros of TurboCASH
QuickBooks Online TurboCASH offers a cost-effective solution with a free version and paid plans starting at $60/year, significantly lower than QuickBooks Online’s $17.50/month. Its open-source nature allows customization, appealing to users needing tailored accounting solutions. Customer reviews rate TurboCASH highly for ease of use (4.8/5) and value for money (4.9/5), comparable to QuickBooks’ 4.0/5 overall rating. It includes comprehensive features like general ledger, invoicing, and multi-currency support, matching QuickBooks’ core functionalities while being more affordable for freelancers and small businesses.
Xero TurboCASH provides a free version and lower-cost paid plans ($60-$200/year) compared to Xero’s $7.25/month minimum, making it more accessible for startups. Users praise TurboCASH for its intuitive interface (4.8/5 ease of use) and robust feature set, including inventory and VAT management, which rivals Xero’s offerings. Its desktop-based platform suits users preferring local installation over Xero’s cloud-only approach, and its open-source model supports plug-in development for niche needs.
Zoho Books TurboCASH’s pricing, with a free option and $60/year single-user plan, undercuts Zoho Books’ $15/month, appealing to budget-conscious freelancers. Its high user ratings (4.8/5 overall) highlight ease of use and feature depth, such as debtors/creditors management and financial reporting, which compete well with Zoho’s automation-focused tools. TurboCASH’s open-source flexibility allows for customization, unlike Zoho’s more standardized cloud platform, and it supports multi-user access for small teams.
FreshBooks TurboCASH stands out with its free version and low-cost plans ($60/year) compared to FreshBooks’ $5.70/month minimum, ideal for cost-sensitive freelancers. It earns high marks for ease of use (4.8/5) and functionality (4.8/5), offering features like stock control and job costing that FreshBooks lacks. Its desktop-based system provides an alternative to FreshBooks’ cloud focus, and its open-source nature allows for tailored solutions, enhancing its appeal for diverse businesses.

Cons

Competitor Cons of TurboCASH
QuickBooks Online TurboCASH lacks a mobile app, unlike QuickBooks Online, which offers robust mobile access for on-the-go accounting. Its desktop-only platform requires local installation, limiting accessibility compared to QuickBooks’ cloud-based flexibility. Customer reviews note occasional performance issues on Mac systems, while QuickBooks maintains consistent performance across platforms. TurboCASH’s backup functionality needs improvement, whereas QuickBooks offers reliable cloud backups. Its support, while rated well (4.8/5), is less comprehensive than QuickBooks’ extensive resources.
Xero TurboCASH’s desktop-only setup contrasts with Xero’s cloud-based platform, which provides seamless remote access and real-time updates. Users report TurboCASH’s lack of a mobile app as a drawback, while Xero’s mobile app enhances usability. Xero’s bank feed automation surpasses TurboCASH’s manual reconciliation process. Customer reviews (4.8/5 for TurboCASH vs. 4.4/5 for Xero) are similar, but Xero’s broader integration ecosystem and API support outshine TurboCASH’s limited third-party connectivity.
Zoho Books TurboCASH’s desktop-based nature restricts remote access compared to Zoho Books’ cloud platform, which supports mobile apps and real-time data. Zoho’s automation for expense tracking and invoicing is more advanced than TurboCASH’s manual processes. Users note TurboCASH’s backup system as unreliable, while Zoho offers secure cloud storage. Although TurboCASH scores well (4.8/5) in reviews, Zoho’s integrations with CRM and other tools provide a more cohesive ecosystem for growing businesses.
FreshBooks TurboCASH’s lack of a mobile app hinders accessibility compared to FreshBooks’ mobile-friendly cloud platform. FreshBooks offers superior automation for recurring invoices and expense categorization, while TurboCASH relies on manual input. Customer reviews highlight TurboCASH’s occasional Mac performance issues, whereas FreshBooks maintains stable performance. TurboCASH’s limited API and integration options contrast with FreshBooks’ extensive third-party connectivity, making it less suitable for businesses needing a robust ecosystem.

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