Why Are Open Source Accounting Systems Important?
As competition increases in the business environment, managers must search for new ways to operate more efficiently. OSSs have matured and gained widespread acceptance in the technical infrastructure domain. With the emergence of full-function open source accounting systems, they are now a feasible alternative for organizations. OSSs can be downloaded free of charge and often have the same functions as expensive proprietary systems, allowing clients to migrate to OSS at a low total cost of ownership (TCO). Open systems, such as Linux, have proven to be extremely stable, in part because the open source development model promotes the rapid correction of problems. While OSS accounting software packages are not as widely deployed and their track record is limited, the authors anticipate that they will prove to be stable applications. 2. What Are the Licensing Differences Between Open Source and Proprietary Software? Traditional accounting systems are sold under a proprietary license agreem
