[aj_ycombinator]

Well, we are not using it for any invoicing but just maintaining our records. The year end reporting to the CPA was a cakewalk this time compared to all the head breaking we went through pouring over Excel entries, bank account statements etc last year. There are other alternatives but GNUCash works well for our needs.

[cbhl]

Do you ever see yourself transitioning to a closed-source or SaaS accounting package, like Wave Accounting or QuickBooks Online? If so, why? If not, why not?

[aj_ycombinator]

Of course we would grow out of GNUCash some day. I have not explored yet on what solutions we may end up looking at though. Since we are not an e-commerce outfit, we can live for some more time with basic tools just recording our expenses. The day when we start issuing invoices (or if we had to procure inventory to convert to saleable goods), we would need something other than GNUCash.