2024-12-01
5.2.0

# Introduction

## What is &kmymoney;?

&kmymoney; is a personal finance manager by &kde;. It enables users to keep careful track of their personal finances by providing a broad array of financial features and tools.

The principal goals of the project are:

- Feature Parity

  &kmymoney; intends to provide all important features found in the commercially available personal finance managers. Although every release of &kmymoney; gets closer and closer to that goal, there is still work to be done.

- Ease of Use

  &kmymoney; strives to be the easiest open source personal finance manager to use, especially for the non-technical user.

- Correctness

  Based on tried and tested double entry accounting principles, &kmymoney; ensures that your finances are kept in correct order.

## What &kmymoney; is not

As a personal finance manager, &kmymoney; is not intended to support the needs of a business. A small business might find sufficient functionality to use &kmymoney;, but features such as accounts-receivable and accounts-payable are not directly supported. The larger the business, the less likely it is to find &kmymoney; will meet its financial management needs. Most if not all the data needed for a small business, such as for reports for audit and taxation purposes is present, but may need to be extracted using various reports and then processed and assembled into the required formats. In addition, it would be possible to create client, supplier, document, or other features through plugins.

&kmymoney; is not simply a clone of any of the commercially available personal finance programs. Although many of the features present in &kmymoney; can be found in other similar applications, &kmymoney; strives to present an individual and unique view of your finances.