General ledger solutions

Trails provide clear records of transactions, promoting accountability and trust within your team. Costs and Pricing of General Ledger Software Selecting general ledger software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in general ledger software solutions: Plan Comparison Table for General Ledger Software Plan TypeAverage PriceCommon FeaturesFree Plan$0/user/monthBasic transaction tracking, limited reporting, and minimal support.Personal Plan$5-$25/user/monthEnhanced reporting, basic integrations, and user-friendly interface.Business Plan$30-$75/user/monthMulti-currency support, customizable dashboards, and advanced analytics.Enterprise Plan$80-$150/user/monthAI-powered insights, compliance tracking, and dedicated customer support. General Ledger Software FAQs Here are some answers to common questions about general ledger software: The 4 C’s of a general ledger refer to Chart of Accounts, Calendar, Currency, and accounting Convention. These elements ensure consistency in financial reporting. They help structure the financial data, set the timeline for financial periods, manage multiple currencies, and apply standardized accounting rules. The five elements of a general ledger are assets, liabilities, owner’s equity, revenue, and expenses. These categories help organize financial data to reflect the company’s financial position. Understanding these elements allows you to track financial performance and prepare accurate financial statements. A general ledger follows the double-entry bookkeeping method, where each transaction affects at least two accounts. One account is debited while another is credited, securing the total debits equal total credits. This rule maintains balance in your accounts and ensures accurate financial records. General ledger software automates processes like invoice capture, transaction recording, and financial reporting. This reduces manual data entry, minimizes errors, and saves time. By automating these tasks, your team can focus on analyzing financial data rather than inputting it. General ledger software helps with compliance by providing accurate financial records and audit trails. It makes sure that all transactions are documented and easily accessible for audits. This can help your business adhere to industry regulations and avoid penalties. Integration is important because it allows your general ledger accounting software to connect with other systems like CRM and ERP. This ensures data consistency across

A good general ledger system does more than just track debits and credits—it automates entries, integrates with other financial tools, and provides real-time insights to help you make smarter decisions. If your current system is clunky, lacks automation, or requires too much manual work, it might be time for an upgrade. As a financial controller, I’ve worked with all kinds of general ledger software, from basic setups to enterprise-level solutions. I know firsthand how the right system can streamline processes and work for your team and business goals, instead of against them. This listicle breaks down the top general ledger software options, so you can compare the best solutions without endless research. Whether you need better automation, stronger integrations, or just a more user-friendly experience, you’ll find the right fit here. Why Trust Our Software Reviews We’ve been testing and reviewing finance and accounting software since 2023. As CFOs ourselves, we know how critical and difficult it is to make the right decision when selecting software. We invest in deep research to help our audience make better software purchasing decisions. We’ve tested more than 2,000 tools for different finance and accounting use cases and written over 1,000 comprehensive software reviews. Learn how we stay transparent & check out our software review methodology. This comparison chart summarizes pricing details for my top general ledger software selections to help you find the best one for your budget and business needs. Tool Best For Trial Info Price 1 Zoho Books Zoho Books simplifies accounting with cloud-based automation and integrations. Best for affordability Free trial + free plan available Book DemoOpens new window From $15/month (billed annually) Get Custom PricingOpens new window Website 2 Acumatica Acumatica integrates cloud-based financials with customizable reporting. Best for cloud ERP integration Free demo available Book DemoOpens new window Pricing upon request Get Custom PricingOpens new window Website 3 SoftLedger SoftLedger provides real-time data access with multi-entity consolidation. Best for real-time updates Free demo available Book DemoOpens new window Pricing upon request Get Custom PricingOpens new window Website 4 Xledger Xledger delivers automated accounting with AI-driven financial insights. Best

Microsoft Excel, QuickBooks, Sage, Paychex, ADP, NetSuite, FreshBooks, Zoho Books, and Xero. LEARN MORE ABOUT PASSPORT BUSINESS SOLUTIONS: Eleven is a scalable general ledger software designed for growing businesses that need flexible financial solutions. It supports a wide range of accounting functions, making it suitable for companies that anticipate expansion. Why I picked Eleven: Eleven’s scalability makes sure you can adapt as your business grows without changing software. The tool offers a customizable chart of accounts, allowing you to customize your financial structure while maintaining efficiency and adaptability. Additionally, with real-time financial insights, your team can make decisions quickly and effectively in dynamic business environments.Standout features & integrations:Features include real-time reporting, which provides instant access to your financial data. The software also offers automated approval workflows to simplify routine tasks, reducing manual input. Additionally, it supports multi-entity management, allowing you to handle multiple business units from a single platform.Integrations include QuickBooks, Xero, NetSuite, SAP, Microsoft Dynamics, Salesforce, FreshBooks, Zoho Books, and Sage. Multiview is a financial management software for the healthcare industry, providing essential accounting functions. It serves hospitals and healthcare organizations by offering tools for budgeting, financial reporting, and compliance management. Why I picked Multiview: Multiview is specifically designed for the healthcare sector, providing features that address specific needs. The software offers detailed budgeting tools that help manage financial planning effectively. It also includes compliance management capabilities, adhering to healthcare regulations. Combined, these features make Multiview particularly suited for healthcare organizations needing specialized financial oversight.Standout features & integrations:Features include advanced budgeting capabilities, which allow you to create comprehensive financial plans. The software also offers real-time financial reporting, providing up-to-date insights into your organization's financial health. Additionally, it supports compliance tracking, helping you meet healthcare industry standards.Integrations include Microsoft Dynamics, SAP, QuickBooks, Salesforce, Workday, NetSuite, Sage, IBM, and Tableau. LEARN MORE ABOUT MULTIVIEW: Other General Ledger Software Here are some additional general ledger software options that didn’t make it onto my shortlist, but are still worth checking out: Foundation Software For construction industry Sage Intacct For medium-sized businesses FreshBooks For freelancers and small teams Workday For enterprise-level solutions QuickBooks For