Bigcapital - A open-source alternative to QuickBooks
Users discussed the complexity of self-hosting and deploying financial software, comparing various services like Wave, Sentry, and QuickBooks. Concerns about the need for technical knowledge, ease of use, and support for local tax systems were common. Some users highlighted the dominance of Plaid in bank OAuth integration and the lack of standard protocols for bank transactions. The importance of user adoption, credibility with financial institutions, and compatibility with existing standards like QuickBooks backup files were also noted. Additionally, there were mentions of open-source alternatives, but these were seen as complex and requiring significant upfront knowledge.
Users criticized the product for being too complex to deploy, with a high technical knowledge requirement and poor documentation. It's heavily reliant on Plaid for bank transactions, lacks support for Australian taxes, and has no QuickBooks alternative. The product's self-hosting is seen as not prioritized, with a high resource footprint and potential security concerns for financial data. Additionally, there's a lack of Ruby support and it's seen as potentially feature-lacking compared to free tools.