Gimbla accounting software is a cloud-based platform designed for small businesses, freelancers, and startups. It provides a complete set of accounting tools to manage invoices, bills, purchase orders, journals, and financial reports. Gimbla is particularly popular because it offers a free plan with essential features, making accounting accessible and simple for businesses with limited budgets.
What Is Gimbla Accounting Software?
Gimbla accounting software is an online solution that helps business owners manage financial operations efficiently. It is built to handle:
- Invoicing and quotes
- Expense tracking
- Bank reconciliation
- Purchase orders and supplier bills
- Double-entry bookkeeping
- Financial reporting
Being cloud-based, it can be accessed from any device with internet, and data is securely backed up daily. Its simplicity and free plan make it ideal for small businesses and micro-enterprises.
Key Features of Gimbla Accounting Software
- Invoicing & Quotes: Create professional invoices and quotes, convert quotes into invoices, and track payment status.
- Payments & Receipts: Record incoming payments and outgoing expenses for accurate cash flow management.
- Purchase Orders & Bills: Manage supplier orders, convert purchase orders into bills, and maintain organized records.
- Double-Entry Bookkeeping & Reports: Supports full double-entry accounting and generates balance sheets, income statements, and other financial reports.
- Bank Reconciliation: Match transactions with your bank statements to ensure accuracy.
- Role-Based Access Control: Assign permissions to different users to control access to financial data.
- Multi-Currency Support (Paid Plan): Handle international transactions with support for multiple currencies.
- Payroll (Paid Plan for Australia): Manage employee payroll and comply with local tax reporting.
- API Integration: Allows integration with other software systems for automation and data exchange.
Pricing and Plans
Gimbla accounting software offers flexible plans:
- Starter Plan (Free): Includes unlimited invoicing, bills, users, double-entry bookkeeping, bank reconciliation, and financial reporting. Ideal for freelancers and small businesses.
- Plus Plan (Paid): Adds features like multi-currency, recurring invoices, attachment storage, payroll for Australian businesses, and priority support.
The free plan is comprehensive enough for most small business needs, while the paid plan caters to growing businesses with more advanced requirements.
Who Should Use Gimbla Accounting Software?
Gimbla is suitable for:
- Freelancers and sole traders who need simple invoicing and expense tracking
- Small businesses looking for a cost-effective accounting solution
- Startups seeking a cloud-based, easy-to-use accounting tool
- Businesses that need basic accounting features with potential to upgrade
- Companies dealing with multiple currencies or international clients (paid plan)
It may not be ideal for very large businesses or companies requiring advanced inventory management, complex analytics, or extensive mobile app features.
Advantages
- Free plan with essential accounting features
- Cloud-based with secure daily backups
- Role-based user access and multi-currency support (paid plan)
- Suitable for small businesses and startups
- Easy to set up and use with minimal accounting knowledge
Considerations
- Payroll support is limited to certain regions (primarily Australia) under the paid plan
- Businesses with complex accounting or heavy inventory management may require a more advanced solution
- Mobile app functionality may be limited compared to some competitors
- Certain advanced features like recurring bills and attachments require the paid plan
FAQs
Q1: Is Gimbla accounting software truly free?
Yes, the Starter plan offers unlimited invoicing, bills, users, and essential accounting features without any hidden charges.
Q2: Can Gimbla handle multi-currency transactions?
Yes, multi-currency support is available in the paid Plus plan.
Q3: Does Gimbla support payroll?
Yes, payroll is supported for Australian businesses under the paid plan, including tax reporting features.
Q4: Can I integrate Gimbla with other software?
Yes, Gimbla provides API integration for connecting with other business systems.
Q5: Who should avoid Gimbla?
Businesses with complex accounting needs, large-scale inventory management, or advanced analytics requirements may find it limiting.
Final Thoughts
Gimbla accounting software is a user-friendly, cloud-based solution ideal for small businesses, freelancers, and startups. Its free plan provides all the essential accounting tools needed to manage invoices, bills, expenses, and reports effectively. For growing businesses, the paid plan adds multi-currency support, payroll, recurring billing, and other advanced features. Overall, Gimbla offers a cost-effective, practical, and reliable accounting solution for small business owners looking to simplify their financial management.
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