The Gnuaccounting developers have released version 0.7.8 of their free open-source Java accounting application that embeds OpenOffice and utilises MySQL or OpenOffice’s HSQLDB to create and administrate invoices, credit memos, delivery notes, bills etc. The program is intended for use by small and medium-sized companies and now for the first time supports the deferment of VAT prepayment in countries where VAT is estimated and collected in advance.
