Software Alternatives, Accelerators & Startups

LedgerSMB

LedgerSMB is an open source financial accounting program. As of 1.

LedgerSMB

LedgerSMB Reviews and Details

This page is designed to help you find out whether LedgerSMB is good and if it is the right choice for you.

Screenshots and images

  • LedgerSMB Landing page
    Landing page //
    2021-07-24

Features & Specs

  1. Open Source

    LedgerSMB is open-source software, which allows users to freely access, modify, and distribute the source code. This promotes transparency and encourages community contributions.

  2. Customization

    The software offers a high degree of customization to fit various business needs. Users can tailor the system to their specific accounting requirements.

  3. Web-Based Interface

    LedgerSMB features a web-based interface, making it accessible from any device with an internet connection. This facilitates remote access and collaboration.

  4. Compliance and Standards

    It supports various accounting standards and compliance requirements, such as GAAP and IFRS, which is essential for businesses operating in different jurisdictions.

  5. Multi-User and Multi-Company

    The platform supports multiple users and multiple companies, making it suitable for accounting firms or businesses with several entities.

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Videos

What is LedgerSMB ERP?

demo ledgersmb 4 4 2018

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about LedgerSMB and what they use it for.
  • Free quick books alt.
    All software costs money to make and maintain. Allot of things that are 'free' like gmail are making money by mining your data, or they have limited features and want you to pay to upgrade. Then there is opensource software that is free and the code gets peer reviewed, so you can trust its not spy ware. I have seen people use gnucash its free and opensource. https://www.gnucash.org/ also more sophisticated... Source: over 3 years ago
  • Accounting/bookkeeping software?
    I use - and develop - https://ledgersmb.org/ ; if you host it yourself (it can be done at a few dollars per month, or free, on your own laptop), it's definitely less costly than many of the commercial propositions. Source: over 3 years ago
  • Trust Fund Accounting Software.
    LedgerSMB has fund accounting; https://ledgersmb.org as part of its accounting dimensions, it can track how funds (donations, entitlements) are being used by the fund. The software is open source and fund tracking was built inspired by the requirements for the Software Conservancy (https://sfconservancy.org/). Source: over 3 years ago
  • Creating a bookkeepng software
    Before you start writing anything from scratch, please know that *many*, *many*, *many* have done so before you. There's some really good open source software that - instead of writing your own from scratch - you could adapt to suit your needs. E.g. The software that I contribute to (LedgerSMB) is on a roadmap for extensibility by businesses that need that type of flexibility (with usable default configurations). Source: over 3 years ago
  • Why do you use Quickbooks (or the software you do use at the moment)?
    I use open source software to do my books. First of all because I get to keep full control of my own data. But the added benefit is that I can tweak the software when I don't like how it was originally created. That's how I ended up being one of the main developers of the software that I have been using to do my books: https://ledgersmb.org/. Others use this software because they feel the community - although... Source: over 3 years ago
  • Recommendation for modern book keeping solution?
    Try https://ledgersmb.org. We are moving to this open source platform and will self-host. You can have it hosted however. It is less complex than Odoo and yet full multi-user and full-on double-entry accounting -- including for us the all-important project accounting (which is helpful especially for client expense reimbursement). Source: about 5 years ago

Summary of the public mentions of LedgerSMB

LedgerSMB, an open-source software offering for accounting and enterprise resource planning (ERP), has garnered a varied public opinion that reflects both its capabilities and the community-driven model behind it. Positioned in competitive spaces such as ERP, CRM, and accounting, LedgerSMB competes with similar open-source tools like Dolibarr, ERPNext, and Odoo.

In numerous technical and software industry discussions, LedgerSMB is lauded for its comprehensive features supporting small to medium-sized businesses. It operates efficiently across diverse operating systems including Microsoft Windows, Linux, Mac OS, and Ubuntu, also extending support to mobile platforms like Android and iOS. This cross-platform operability enhances its appeal to businesses seeking versatility without vendor lock-in.

Several users have highlighted LedgerSMB as a robust option for invoicing and billing. Its suite of features extends beyond basic accounting, also encompassing ERP functionalities that facilitate operations management, invoicing, payment tracking, and inventory control. One prominent aspect often remarked upon is its extensibility, allowing businesses to adapt the software to specific requirements, which stems from its open-source nature.

A noteworthy niche where LedgerSMB shines is its fund accounting capability. This feature is particularly beneficial for organizations that require transparent tracking of fundsโ€”such as non-profits managing donations and entitlements. The system's design was influenced by the Software Conservancy's standards, underscoring its suitability for trust fund management.

The open-source ethos of LedgerSMB is a recurrent theme in user testimony. It is valued for fostering a sense of control over data and customization abilities, empowering users to modify features that don't meet their expectations. The community support surrounding LedgerSMB, while considered smaller than proprietary alternatives, is repeatedly praised for its effectiveness and responsiveness, with some users comparing it favorably against customer support from well-known commercial software providers like Intuit and Xero.

Furthermore, LedgerSMB is noted for offering a cost-effective solution for those willing to self-host. Despite this, the platform's lower complexity in comparison to competitors like Odoo, combined with its full double-entry accounting and project accounting capabilities, makes it a compelling choice for businesses that prioritize direct control over their accounting practices.

Overall, the sentiment around LedgerSMB is mostly positive, with emphasis placed on its flexibility, cost-effectiveness, and strong community support. It remains a prominent option for businesses willing to invest in an adaptable, transparent, and community-empowered solution for their accounting and ERP needs. The choice between LedgerSMB and its competitors ultimately hinges on specific business requirements and the value placed on open-source principles.

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Is LedgerSMB good? This is an informative page that will help you find out. Moreover, you can review and discuss LedgerSMB here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.