LedgerLite
8 Reviews 5/5 ★ ★ ★ ★ ★A simple low-cost double-entry accounting software that operates completely offline and on-premise.
Product Overview
LedgerLite is a versatile accounting system suitable for both educational and business purposes. It offers a general ledger and cashbook, ideal for double-entry bookkeeping learners and robust enough for businesses of any size. Its simplicity and focus on essential features make it efficient and cost-advantageous over complex accounting software, appealing to those seeking straightforward, non-cloud-based solutions.Pros
- No accounting background needed
- One time cost to download
- Secure offline platform
Cons
- Limited features
- Limited description field
- No transaction upload from external files
Target Market
Small to medium-sized businesses, non-profit organizations, accountants, bookkeepers, and finance professionals. It suits those new to double-entry bookkeeping due to its user-friendly interface. The software’s secure, non-cloud-based nature appeals to users prioritizing data privacy and those needing a portable solution.Not Recommended For
Large enterprises with complex accounting needs or those requiring cloud-based solutions. It may not be ideal for users needing advanced customization without programming skills or entities requiring integrated advanced features like extensive inventory management.Video Overview
Features of LedgerLite
- Cashbooks
- Chart of accounts
- Unlimited accounts and cashbooks
- General ledger
- Taxes
- Asset register
- Multiple companies
- Multiple users
- Periods and rollovers
- Cash flow statements
Pricing of LedgerLite
LedgerLite costs $149 to download. This is a one-time cost per company and there are no more additional fees or charges. LedgerLite is available to be used for as long as you own the program with no ongoing subscription. There is a free trial available.
Product Overview
Developer Overview
User Reviews of LedgerLite
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It has been exciting to relearn accounting basics
It has been exciting to relearn accounting basics and have a grounded sense of what goes into the numbers. The software provides enough flexibility to allow for any kind of business to tailor the information to their unique situations. Interactions with the developer have enhanced the experience due to his obvious passion for helping people learn and use this excellent product.
Pros
The simplicity of double-entry accounting facilitates accurate recording, and the support provided in learning the software is exceptional - quick responses, careful explanations, and pleasant interactions.
Cons
Perhaps a manual would help regarding basic processes (i.e., Be sure to press "print" before exiting the Balance Sheet or Income Statement pages to save any changes).
LedgerLite Review
Its easy to use and understand. You can generate reports for every account.
Pros
user friendly.
Puts the user in the drivers seat - not the developer(s)
As a keen learner, the prospect of letting a subscription based app do what should be a relatively straight forward job didn’t make sense to me. After the free trial period ended, purchasing LedgerLite was a no-brainer. LedgerLite is flexible enough to handle my small businesses books, its helped me learn the fundamentals of double entry accounting, and has put me in the drivers seat of my businesses finances with easy and customizable reporting.
Pros
Adaptable and scalable Lightweight and easily portable Puts the user in the drivers seat - not the developer(s)
Cons
If your completely new to bookkeeping (like me) there is a pretty steep learning curve.
- Building Materials
- 1-10 employees
- Annual revenue $0-$1M
Simple and efficient double entry bookkeeping system
Simple and efficient double entry bookkeeping system.
Pros
The software is very efficient and easy to use. It has all the reports an in house accountant would need.
Cons
It would be nice to have more keyboard scrolling functionality when entering journal entries so as to not need to rely as much on mouse clicking.
LedgerLite Review
Product works great and customer support is fantastic.
Pros
Easy to use but functionality is quite substantial
Cons
No bells & whistles - that is not a problem at all !!
What a value
I’ve spent a lot of time and money purchasing and implementing accounting software as a CFO and COO for past employers. After retirement, we needed an easy to use and inexpensive accounting program to handle a family LLC. We started just building spreadsheets rather than spend too much for a software package that we really didn’t want. Then we came across LedgerLite. What a value! We’ve used the software for almost four years with no problems other than our own hardware issues. When those issues arose and we had to recover our data, questions to support at Responsive Software were answered promptly; like local service coming from half way around the world.
I love LedgerLite
I have been using LedgerLite for more than a year and I must say it is a simple, straightforward accounting software that produces final accounts that are necessary to complete your corporate tax returns. I filed my returns and the tax authorities assessed it without any questions. Other accounting applications are atrociously expensive and very complex and have super fancy features that are never used. I love LedgerLite
You won't regret giving this software a go
I run a small business with my husband and have been using LedgerLite from the start. I had only limited bookkeeping knowledge, however this software made it possible to learn the basics in under a day. Don’t mistake a simple-to-use program as a basic program, it takes really hard work to make a complicated subject as simple to use and understand as this. The one-off fee is amazing value and the support is excellent. You won’t regret giving this software a go.
