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Are there any online or open source (i.e., free, or at least cheap) accounting systems that do multi-currency so that I can record revenues and payments made using BTCs in the same system that I use for USDs?

If not, are there any suggestions for how best to do this?

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    GNUCash doesn't allow custom currencies but it does have many currencies, so can just choose one that you know you won't be using. – Stephen Gornick Oct 4 '12 at 6:39
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Just found Kashoo. Freemium, or $10/month. Haven't used it yet though.

Also, what might work, Aqilla:

Infinity PFM (Personal Finance Manager) can read transactions from the Bitcoin.org client: - http://launchpad.net/infinitypfm

Ledger:

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Check out http://my-btc.info, a free page to monitor the portfolio of digital currencies with profit / loss calculation including BTC and many, many other alt-coins.

Diskussions about the tool at the bitcointalk forum: https://bitcointalk.org/index.php?topic=220238.0

Also, I must say that Dario (the webmaster) is a great guy. Unbelievable what has been implemented in the last two months and he is always open to new suggestions. Thanks and Greetings

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Another option is Xero accounting: http://www.xero.com/

It's free(gratis) with an extensive API so you could add BTC transactions if you're programmatically-inclined and supports multiple currencies.

EDIT: Maybe it's not so free

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Yes, check out Bitcoin Transaction Coordinator for NetSuite. http://www.btc4erp.com. And there is a free offer to work with NetSuite if you are a startup.

It also has built in pricing for Bitcoin exchange rates and will seamless allow accepting Bitcoin and paying bills. It appears to be the first fully integrated platform.

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Consider using https://www.blockonomics.co. It only supports BTC, they have plans to support more crypto later

You can track multiple BTC address, see history and export transactions for further analysis.

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CryptFolio supports multiple currencies and is designed for handling cryptocurrency inventory. The trial plan is free and the paid plans are, in my opinion, affordable.

Disclaimer: I'm the founder of CryptFolio.

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