Actual Budget vs Akaunting

Actual Budget is an open-source, privacy-focused personal finance application based on envelope budgeting methodology. It operates as a local-first application with optional self-hosted sync across devices and end-to-end encryption. The app supports bank syncing via GoCardless (EU/UK) and SimpleFIN (US/Canada), transaction importing from QIF, OFX, QFX, and CSV formats.

Akaunting is an open-source online accounting software for small businesses, freelancers, and accountants. It provides invoicing, expense tracking, bank feeds, and financial reporting with a modular app system for extending functionality. Akaunting is available as a self-hosted installation or as a managed cloud service with tiered pricing.