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Hi Iam in search for a opensource Accounting software like Tally please do guide me regarding the same. This is for a Small Company

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  • StackExchange has another sub-site aimed on such questions: softwarerecs.stackexchange.com
    – user300458
    Feb 13, 2015 at 11:21
  • Accounting or Bookkeeping? Big difference. If you are not sure of the difference, then consult a real, licensed accountant in your country. Getting into trouble on your taxes or losing the trust of your financiers is not worth saving a few kopecs on software.
    – user535733
    Jun 17, 2019 at 12:16

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Another simple to use but featured application downloadable free from the Ubuntu Software Centre is Grisbi. This handles multiple accounts and various currencies.

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PostBooks -- multi-user accounting / CRM / ERP suite (GUI)
PostBooks (postbooks) is a full-featured, fully-integrated business management system, the core of the award winning xTuple ERP Suite. Built with the open source PostgreSQL database and the open source Qt framework for C++, it provides the ultimate in power and flexibility for a range of businesses and industries of any size.

PostBooks can be installed from the default Ubuntu repositories with the following command:

sudo apt install postbooks  

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