What is LedgerLite?
LedgerLite is a celebrated shareware accounting software that serves any entity in need of a general ledger and cashbook. Its straightforward downloading process and user-friendly interface make it perfect for students learning double-entry bookkeeping. For those well-versed in this accounting method, LedgerLite can effectively assist in managing finances for various organizations, including clubs, trusts, or businesses. Additionally, it stands out as an excellent option for personal finance management, particularly for individuals who prioritize privacy and dependability in their financial tools. With its versatile applications, LedgerLite is a valuable asset for both learners and experienced users alike.
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Accounting Software
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great program
Date: Jan 25 2024SummaryGreat program that covers all accounting needs. Matthew has been very responsive and helpful in answering all my questions, and he is an excellent teacher (patience, knowledge, detailed instruction). His excitement about promoting better accounting systems is contagious. After the learning curve, it is easy to maintain accurate books.
PositiveFlexible, complete accounting system. Fantastic customer/tech support. Gets at the nuts and bolts of accounting, which helps produce cleaner, more accurate accounting information for a variety of businesses. Streamlined approach helps to avoid the quagmire that results when using some more automatic programs that pretend that the user does not need to know what they are doing (e.g., Quickbooks).
NegativeWith the reports (balance sheet, income statement), it is not intuitively obvious that it is necessary to print the report to save changes. Does require a user's willingness to delve into accounting principles. Although this was a pro for me, this might not be of interest to some people.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
LedgerLite review by accountant
Updated: Jan 06 2023SummaryGetting the software was as simple and quick as described. No glitches and staff was immediately available with one question I had about adding another company. Completely satisfied. I know this sounds to good to be true but my experience has followed the excellent reviews I had read.
PositiveI am an accountant by education who graduated from college in 1978 and have had a career in business and accounting. I have been looking for a computer based (not cloud based) system for our personal bookkeeping and small consulting business. This software is exactly what I was seeking. Simple, but complete, clean but with all the options needed to design and run financial statements. Really, really pleased with software.
NegativeHaven't found any yet. Have set up detail for our personal bookkeeping including all the basic reports. Easy to do with the format and double entry accounting we learned in school and practiced all my adult life.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
LedgerLite - The World's Simplest Software Program
Date: Apr 10 2023SummaryLedgerLite works great and customer support (if needed) is excellent. Simple but extremely functional.
PositiveBasic but powerful enough, easy to use with limited knowledge and reporting is simple to extract!
NegativeNothing to dislike about LedgerLite, unless you expect too much from it!?
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Perfect for small entities.
Date: Jan 19 2023SummaryAfter keeping books for our small nonprofit club on Excel Spreadsheets for almost two years, it was time to create a real set of books. Our club only has 25 members and we don't have a lot of money. I am a retired certified public accountant and I'm quite capable of keeping a simple set of books. I didn't want buy software with a never-ending cycle of annual "enhancements" with "ever-increasing" fees. LedgerLite was an answer to prayer.
PositiveStraight forward introductory video training on YouTube.
Low price.
Good customer support.
Easy to use.
No annual fees.
Covers all basic accounting needs.NegativeLimited reporting capability.
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Not well-known in the U.S. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great Bookkeeping Software
Date: Jan 23 2023SummaryI've been using LedgerLite for five years beginning in 2018. The software is not needlessly complex and is easy to follow, but also powerful enough to handle my accrual basis set of accounting records. During the first few months I began using LedgerLite, as I learned the software, I often found myself thinking - well that's clever or that's really helpful. I highly recommend this software to sole proprietors and any small businesses like my own that essentially does their own recordkeeping and are knowledgeable in basic double entry accounting.
PositiveAs Co-Owner/Business Manager of a yoga studio I wanted a basic self -contained double entry bookkeeping software I could download onto my laptop. Not one of the large software companies with complex instructions and modules to handle functions my business does not need. I'm able to easily maintain sufficient records to prepare monthly & year end Accrual Basis Profit/Loss and Balance Sheet statements.
NegativeI'm at a loss here. Having found a software so well constructed that I have not needed to request technical support in the five years I've been using LedgerLite.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
LedgerLite
Date: Jun 06 2023SummaryAs 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.
PositiveNot cloud based (your data), one of purchase (no subs), gives tools so you can make solutions, lightweight/portable.
NegativeThe support for this product is lacking once you get more technical. However this could be because it sits on the fence of software features and accounting principles. Once through my first years returns we got a lot of the crinkles ironed out.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great software
Date: Jan 05 2022SummaryIt's a valuable tool I use to doublecheck my tax returns when I get them back from the accountant.
I catch things he misses on the returns sometimes.PositiveEasy to learn and use.
Taught myself and I had no bookkeeping experience.
Great record keeping for personal and trust accounting.NegativeMy accountant gives me grief about my general ledger printout.
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It is the very same information arranged in the same order but doesn't have breaks between accounts like he wants to see. (It doesn't look exactly like QuickBooks) I think he's nitpicking.Official LedgerLite Response -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
It is a superb product
Date: Nov 17 2022SummaryI really enjoy using it, as its quick and easy. The reporting is really super too. I'd recommend it to anyone.
PositiveI like the fact that it's a double entry system, and it's really easy to use. The fact that it has two files only, makes life easier too.
NegativeYou can't put labels or company logo on statements.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Incredibly Straight Forward and Stable.
Date: Dec 12 2022SummaryIt really is as straight forward to use as it could possibly be, and yet with all the functionality that you need to maintain a general ledger, reconcile cash, and produce financial statements.
PositiveThe product is a very simple debit and credit accounting systems, that is not filled with all the bells and whistles that make so many programs too complicated to use or understand.
However it his all the reporting and correction capabilities that you you would want.
If you know how to post a credit and a debit you will be up and running instantly with this accounting system.NegativeOther than it isn't cloud based, which would be my preference, I haven't found the system to be wanting in anyway.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
LedgerLite accounting software is super easy to use
Date: Nov 22 2022SummaryI love this software. I have actually been using it for over 10 years to account for discretionary trusts. I needed a new trust recently and didn't consider anything else because LedgerLite is so easy to use and has been perfect for my needs. I also like just paying an initial fee and then using it for years (rather than an expensive monthly subscription like many other alternatives) for entities I need to keep records of but do not have enough transactions or complexity to require something like Xero. I upgraded to the new version for my older trusts as well and am loving the new improvements and how easy it was to change. I was skeptical when I first found this software years ago that it wouldn't be any good, but it has definitely exceeded my expectations and I would highly recommend it. There are also a lot more help videos and things if you need it than when I first started which is handy.
PositiveSuper easy to use even for non accountants (although accountants will love it even more), good price as you only pay to register and no monthly subscriptions which makes it especially suitable for smaller entities, flexible and easy to adjust set up such as chart of accounts, reports etc, very reliable and long lasting.
NegativeNothing obvious - absolutely perfect for its intended use
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very happy with LedgerLite!
Updated: Mar 17 2021SummaryVery positive experience. It's a solid design. I like the simplicity, hard to go wrong and easy to fix if I do.
PositiveEverything I need and nothing I don't. Easy to use. Very solid. Really like that I am not paying a monthly fee! If I have a question for them I get an answer right away. I haven't had to ask for any changes because it just works but I have confidence that if I did have a problem they would be there for me.
NegativeDon't have any complaints. It is designed to be simple and easy to use, with the core basics of a ledger and that is exactly what it is.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Everything I really needed - nothing I didn't
Updated: Nov 27 2021SummaryIn a word - an excellent experience. As has been noted in other reviews, the developer is remarkably - well, responsive. Questions (even those that are more about bookkeeping than about the software itself) are answered promptly and completely. I should note also that the videos and the FAQ for the software will reward careful study. Things that appear missing from the system often are not.
PositiveI started looking at LedgerLite after I was drafted to be the Treasurer of a small HOA - despite having zero bookkeeping experience. I didn't trust myself to manage other people's money with checklists and spreadsheets. And I knew that the members would not tolerate purchase/subscription costs or 'cloud' storage that comes with most accounting software. LedgerLite fit the bill perfectly. The double-entry method takes a bit of getting used to - but I found that it makes it very difficult to commit as error and, with time, supports a better understanding of what one is doing.
NegativeIf I had to offer a shortcoming of the software, I'd point out that it is not written in the current spreadsheet 'idiom' - probably because it isn't a spreadsheet underneath the hood. So tricks like copying and pasting 'columns' to repeat tasks don't apply. (One learns to use the 'Duplicate' button instead.) Similarly, some current interface conventions (such as right click) aren't implemented. Again, one adapts to the older idiom quickly (especially if one is...old). I don't think any of this merits taking away a 'star' for design however.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Trouble Free General Ledger Program
Date: Apr 24 2021SummaryInexpensive GL Program with excellent support, easy to use and setup and modify with a one time minimal cost!
PositiveI have used this program for 9 years and it is so simplistic to utilize and outstanding support but seldom required!
NegativeI do not have any complaints with this software because it is better than any other I have used.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Professional experience
Updated: Mar 29 2021SummaryExcellent. If you purchased a software right here in USA, it could take a day or two. I was expecting a delay because Matthew lives is another country . It took less than one hour after my payment.
PositiveMatthew, is a Gentleman and Scholar. For many years he has given to the public of many countries all over the world free LedgerLite the best General Ledger programme. He advertised about buy one and get another free, he delivered to me exactly.
The ledger software is very easy to used. I have quick books and would recommend the ledger software to all. If you have any personal accounting software try this one you would it just like me and you will be very happy. And he sells it so cheap.NegativeNothing to dislike. The balance sheet on this programme looks very attractive. It reflected your assets and liabilities, to your personal designed.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Simple, affordable and flexible
Date: Aug 08 2020SummaryAs a chartered accountant in the past I have set up lots of other systems for non accounting clients. They should all use this program.
PositiveMaintaining chart for my own needs and ease of data entry was brilliant. Could then tie that into my very own reports. The grouping function is great for keeping analysed data which I don't often need without it cluttering the reports that I want to see all the time.
Responsive are honest, double entry knowledge is needed .NegativeIn the cash book if you aren't entering a ledger account it might help if you had to still put something in, to prevent it just being accidentally missed (I can see some non accountants might do that)
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Highly effective accounting software with simple and intuitive user interface
Date: Sep 05 2020SummaryOne-time affordable payment for the simple to use software that does everything I need to be done. For someone who does double-entry bookkeeping work, this is a great choice.
PositiveFor one time, very affordable payment, we got a highly effective double-entry accounting system with intuitive and simple user interface. I am a CPA with over 30 years of work in public accounting in the U.S. and have used all sorts of accounting software over the years. Recently, I came across LedgerLite and was happily surprised by how I was able to start using the software right away and generate all essential reports. Especially with ability to import and export data in csv format, LedgerLite has the ability to interface with other data processing applications. I initially was somewhat stumped by the entries were ordered in the trial balance report. Initially, TB grouped accounts by expense, income, asset, liability and equity and ordered by account number within the groups. I needed the TB to list entries simply by account numbers. When I submitted support request to Responsive Software, the program was quickly updated within a day. Truly impressed and very thankful that I found this software.
NegativeNot as feature-rich as other accounting softwares. However, for me, not a disadvantage as the simple and intuitive user interface is one of the strong points.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great Product
Date: Nov 06 2020SummaryGood, inexpensive product for those with financial considerations.
PositiveThis is an easy to use accounting system especially for small and not for profit organisations where expense is a significant consideration. It is easy to follow and has great backup assistance
NegativeIt just takes a bit of time to change to the double accounting but becomes second nature after a while.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Awesome! Perfect Software!!
Date: Jul 25 2020SummaryI have used this software for many years to input my data to produce reports in order to prepare my taxes. I have a Bookkeeper who prepares my taxes and she always says the information I give her is perfect and exactly what she needs for tax preparation. Each year I look for any updates and am always grateful LedgerLite is still available, operating and current. Best, easy to use, accounting software, especially for self-employed. THUMBS UP!!!!
PositiveI love the ease of this software. Do not have to be an accountant or have a degree in accounting to understand how the accounting software works. Up and running in minutes. Easy to develop the Chart of Accounts and I can tailor it to my specific needs and accounts. Able to save data at any time in order to check work before continuing to the end. Reports are easy to print or view. I have looked for the perfect software for my business as I am self-employed. This is PERFECT for my company.
NegativeThere is nothing that I did not like. It completely met all my accounting needs.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Easy Cash Management - value for money
Updated: Jun 28 2020SummaryLedgerLite is a most adequate simple cash management for a low price with no regrets of purchase. I have found it to be very easy to use- especially for treasurers without financial accreditation. Once a few key transactions have been recorded, it is easy to understand and pickup for a new user by simply highlighting a similar transaction in the cashbook and duplicate, check and change the right date of transaction. New entry done! Ample selection of reports.
PositiveEasy data entry with Duplication facility speeding up similar transactions.
Good On-line video for learning LedgerLite detail structure.
CSV upload of cash management transactions and cost/income categories to Consolidated Branch files.
Easy cash accounting for multiple accounts and inventory.
Control (It is all in the chart of account design).
Easy access to LedgerLite designer for advice of setup of accounts (GST, Discounts, raw materials).NegativeSingle entry transaction only; not able to split income and expense items into several cost or income codes . But what do you expect for the price.
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Would like to produce an electronic PDF of report that can be saved and emailed to others rather than tied to having to have LedgerLite on computer to print.Official LedgerLite Response -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Where has this accounting software been hiding??
Updated: Apr 20 2020SummaryWow.
I have used many different accounting packages over the years (~20 packages) and this is by far the easiest to use.
This is perfect for a small business or non-profit organization.PositiveEverything:
- Small Program - one program file plus the data file - No installation necessary.
- Intuitively laid out so everything you normally need is a clickable link instead of drilling down into endless menus.
- Flexibility to allow you to do things the way you want - example - either lock down ledger from editing transactions or not (cannot be reversed once locked).
- Fast - so amazingly fast it's like "ludicrous speed".
- Inexpensive.
- Excellent and speedy support.
- Makes using an accounting package easy (I'm not an accountant).
- Help files, videos and links to simple accounting tutorial are very helpful.Negative- Does not run natively on Linux. (I hate Windows but love this software)
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But this is very easily overcome by running it in WINE. No Issues here at all.
Runs just as if it was a Linux program.