KmyMoney is the open source personal finance application software, released under the GNU General Public License (GPL). KmyMoney is developed in C++ and runs on the Linux operating system. The KmyMoney financial application supports KDE environment and is similar to Microsoft Money.

With broad array or financial features and tools, KmyMoney can carefully track the personal finances. It provides important features found in the commercially available personal finance manager. KmyMoney is one of the easiest financial application software developed for the non-technical users.

KmyMoney keeps the finances in correct order based on double entry accounting principles. Some basic functionalities of the KmyMoney are Online banking which provide the availability to communicate with online banking community. The processes are done through OFX, HBCI and other technologies present at the time of coding. The advanced transaction matching system in the KmyMoney helps the user to match the imported transactions with existing one.

KmyMoney can manage basic investments such as stocks, bonds, and mutual funds and can retrieve price from the Internet. The reports generated by the software are fully configurable and very powerful. One can easily create Custom Reports and can place them on their financial summary home page.

KmyMoney supports more than 170 different currencies and can assign different currencies to different accounts and add transactions between those accounts. The financial data can be protected by GPG encryption. In KmyMoney, an option is there to encrypt the financial file with a recovery key.

KmyMoney supports Online Quotes for Stock and Currencies from the sources like MSN, CA, Yahoo, and Globe&Mail. KmyMoney user manual is available as a PDF file and offers support for Value Added Tax for those who live in countries that use a VAT system.