Accounting-123 started out as Cubit Accounting and Payroll software in 2000 and in February 2012, Andre Coetzee decided to abandon the proprietary software model and release all the Cubit source code as opensource. The initial GPL Opensource release is for the entire Cubit Professional software code, the manufacturing as well as the property management modules is set for release in the next few weeks also under the GPL license.

Andre hopes that many php coders will join the Google project and develop the modules and changes for their own regions, changes in taxation, sales tax. vat and other local requirements could easily be done and a version of the software could be packaged for that area.

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