GNUKhata is a free and flexible software for accounting and inventory management being developed at Digital Freedom Foundation. It is a Free and Open Source Software, that supports a wide range of applications in every field of economic activity, including factory or farm-based production, point of sales accounting, and inventory and work in the service sector. While it serves such traditional accounting requirements, its special feature includes supporting emerging sectors of the economy that are being required to keep audited accounts, such as self-help groups, craft producers, and microfinance groups. GNUKhata is highly customizable, given its open-source nature. It supports multiple Indian languages, largely unreached by existing software solutions. The project is currently funded by the International Center for FOSS, a Kerala government undertaking.