--- title: "Best General Ledger Software - 2026 Reviews & Pricing" description: "Find the best General Ledger Software for your organization. Compare top General Ledger Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/accounting/general-ledger-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / General Ledger Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best General Ledger Software of 2026 Updated November 4, 2026 On this page 1. FrontRunners 2. Popular Comparisons 3. Buyers Guide 4. Related Software Filter products 166 results ### Compare Products Showing 1 - 25 of 166 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Sage 50 Accounting](/accounting/sage-50cloud-profile/) - Overall rating: 4.0/5 - Reviews: 630 - Starting price: $124.42/month - Best for: On the rise - Free trial: Available - Free demo: Not available #### Overview Sage 50 Accounting is an accounting solution designed to cater to the needs of small and medium-sized businesses. It offers a suite of tools that streamline financial management, [Read more](/accounting/sage-50cloud-profile/) ##### What users love - Comprehensive financial management tools - User-friendly and intuitive interface - Tailored for small businesses ##### To take in mind - Inconsistent and limited support options - Limited and cumbersome reporting features - Expensive and rising subscription costs #### Features ##### Best rated features - "What If" Scenarios: 5/5 - Order Management: 5/5 - Customizable Templates: 5/5 - Financial Management: 5/5 [See all features](/accounting/sage-50cloud-profile/#key-features) #### Pricing ##### Pro Accounting - Price: $124.42/month - This plan is also available at an annual subscription of $625. Pricing for single user. ##### Premium Accounting - Price: $169.33/month - This plan is also available at an annual subscription of $1043 and is designed for small businesses ##### Quantum Accounting - Price: $253.42/month - This plan is also available at an annual subscription of $1780 and provides industry specific [See full pricing details](/accounting/sage-50cloud-profile/#pricing-and-plans) --- ### [Xledger](/accounting/xledger-profile/) - Overall rating: 4.5/5 - Reviews: 30 - Starting price: $750.00/month - Free trial: Not available - Free demo: Not available #### Overview Xledger, True Cloud Finance Software Built For Modern, Multi-entity Organisations Xledger is a true-cloud finance management platform built for organisations needing more than [Read more](/accounting/xledger-profile/) #### Features ##### Best rated features - Receipt Management: 5/5 - Multi-Location: 5/5 - Audit Trail: 5/5 - Access Controls/Permissions: 5/5 [See all features](/accounting/xledger-profile/#key-features) --- ### [Connected](/accounting/accountek-profile/) - Overall rating: 5/5 - Reviews: 3 - Starting price: CA$649.00 - Free trial: Available - Free demo: Not available #### Overview Connected is a hybrid integrated accounting and enterprise resource planning (ERP) that caters to small and midsize businesses across various industry verticals and helps them to [Read more](/accounting/accountek-profile/) #### Pricing ##### Basic - Price: CA$649.00 [See full pricing details](/accounting/accountek-profile/#pricing-and-plans) --- ### [Beyond Software](/psa/beyond-profile/) - Overall rating: 4.7/5 - Reviews: 7 - Starting price: $6,120.00/year - Free trial: Not available - Free demo: Not available #### Overview Beyond Software is a project accounting and management software system available for small to mid-size companies. The system allows organizations to manage and execute around their [Read more](/psa/beyond-profile/) --- ### [AccountMate](/accounting/accountmate-profile/) - Overall rating: 4.3/5 - Reviews: 25 - Starting price: $4,000.00one time - Free trial: Available - Free demo: Not available #### Overview AccountMate is a hybrid accounting solution that caters to small and midsize businesses and offers them tools and functionalities, which help them to manage their financial [Read more](/accounting/accountmate-profile/) #### Features ##### Best rated features - Collaboration Tools: 5/5 - Multiple Projects: 5/5 - Purchase Order Management: 5/5 - Project Planning/Scheduling: 5/5 ##### Worst rated features - Task Management: 4/5 - Billing & Invoicing: 4/5 [See all features](/accounting/accountmate-profile/#key-features) #### Pricing ##### Basic - Price: $4,000.00one time [See full pricing details](/accounting/accountmate-profile/#pricing-and-plans) --- ### [Sage Intacct](/accounting/intacct-accounting-profile/) - Overall rating: 4.3/5 - Reviews: 718 - Best for: Mid-size businesses - Free trial: Not available - Free demo: Not available #### Overview Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, expertly designed to bring rich financial and [Read more](/accounting/intacct-accounting-profile/) ##### What users love - User-friendly and intuitive interface - Comprehensive accounting functionality - Robust, customizable reporting capabilities ##### To take in mind - Complex and inflexible report customization - Slow and unresponsive support experience - Expensive and rising costs #### Features ##### Best rated features - Quotes/Estimates: 5/5 - For Nonprofits: 5/5 - Vendor Management: 5/5 - Customer Statements: 5/5 [See all features](/accounting/intacct-accounting-profile/#key-features) --- ### [NetSuite](/accounting/netsuite-financials-accounting-software-profile/) - Overall rating: 4.2/5 - Reviews: 2,086 - Best for: Enterprise businesses - Free trial: Not available - Free demo: Not available #### Overview NetSuite is an AI-powered cloud-based business management suite that incorporates ERP, financial management, CRM and eCommerce functionalities into a unified platform, helping [Read more](/accounting/netsuite-financials-accounting-software-profile/) ##### What users love - Deep system tailoring options - Comprehensive and scalable functionality - Centralized financial operations platform ##### To take in mind - Steep learning curve and complexity - Complex and rigid reporting tools - Slow and inconsistent support experience #### Features ##### Best rated features - Aging Tracking: 5/5 - "What If" Scenarios: 5/5 - Knowledge Base Management: 5/5 - Vendor Master Data Management: 5/5 [See all features](/accounting/netsuite-financials-accounting-software-profile/#key-features) --- ### [Striven](/project-management/striven-profile/) - Overall rating: 4.8/5 - Reviews: 131 - Starting price: $35.00/month - Best for: Small businesses - Free trial: Available - Free demo: Not available #### Overview Striven is a cloud-based, all-in-one business management ERP platform built for small and midsize companies tired of duct-taping popular accounting tools, a CRM, a project tool, [Read more](/project-management/striven-profile/) #### Features ##### Best rated features - Routing: 5/5 - Document Storage: 5/5 - Milestone Tracking: 5/5 - Percent-Complete Tracking: 5/5 ##### Worst rated features - API: 1/5 [See all features](/project-management/striven-profile/#key-features) #### Pricing ##### Standard - Price: $35.00/month - The plan is based on the number of users. ##### Enterprise - Price: $70.00/month - The per-user price decreases as the number of users increases. [See full pricing details](/project-management/striven-profile/#pricing-and-plans) --- ### [Deltek Costpoint](/project-management/deltek-costpoint-profile/) - Overall rating: 3.9/5 - Reviews: 215 - Free trial: Available - Free demo: Not available #### Overview Deltek Costpoint is an ERP for government contractors that gives firms the speed, clarity, and control to manage complex contracts from pursuit through closeout. It connects [Read more](/project-management/deltek-costpoint-profile/) #### Features ##### Best rated features - Compliance Management: 5/5 - Collaboration Tools: 5/5 - Task Management: 5/5 - Project Planning/Scheduling: 5/5 [See all features](/project-management/deltek-costpoint-profile/#key-features) --- ### [Deltek Vantagepoint](/reporting-tools/deltek-vantagepoint-profile/) - Overall rating: 4.0/5 - Reviews: 490 - Free trial: Not available - Free demo: Not available #### Overview Deltek Vantagepoint is an AI-powered, project based ERP that helps architecture, engineering, and consulting firms manage projects and financials in one application — so teams gain [Read more](/reporting-tools/deltek-vantagepoint-profile/) ##### What users love - Comprehensive project oversight tools - Flexible and adaptable customization options - Efficient time and task tracking ##### To take in mind - Complex and unintuitive reporting tools - Outdated interface and update issues #### Features ##### Best rated features - Employee Management: 5/5 - Activity Dashboard: 5/5 - Customizable Invoices: 5/5 - Project Accounting: 5/5 [See all features](/reporting-tools/deltek-vantagepoint-profile/#key-features) --- ### [Blackbaud Financial Edge NXT](/nonprofit/blackbaud-profile/) - Overall rating: 4.2/5 - Reviews: 165 - Starting price: $0.01/year - Free trial: Not available - Free demo: Not available #### Overview Blackbaud’s cloud fund accounting software Blackbaud Financial Edge NXT provides transparency across teams, security, and compliance, and reduces the need for manual processes. The [Read more](/nonprofit/blackbaud-profile/) #### Features ##### Best rated features - Activity Dashboard: 5/5 - Project Accounting: 5/5 - Cash Management: 5/5 - Financial Analysis: 5/5 ##### Worst rated features - Financial Reporting: 3.9/5 - Donation Tracking: 4/5 [See all features](/nonprofit/blackbaud-profile/#key-features) --- ### [MIP Accounting](/product/121198-MIP-Accounting/) - Overall rating: 4.1/5 - Reviews: 69 - Starting price: $0.01 - Free trial: Not available - Free demo: Not available #### Overview MIP is the leading accounting software designed for mission-driven organizations, including nonprofits, schools, healthcare, associations, and government entities. It provides [Read more](/product/121198-MIP-Accounting/) #### Features ##### Best rated features - General Ledger: 5/5 - Income & Balance Sheet: 5/5 - API: 5/5 - Accounts Payable: 5/5 ##### Worst rated features - Payroll Management: 1/5 - Grant Management: 1/5 [See all features](/product/121198-MIP-Accounting/#key-features) --- ### [M3 Accounting Core](/accounting/m3-profile/) - Overall rating: 4.7/5 - Reviews: 11 - Free trial: Not available - Free demo: Not available #### Overview M3 Accounting Core Software is a cloud-based accounting solution that helps streamline financial operations for small to large businesses in the hospitality industry. The software [Read more](/accounting/m3-profile/) #### Features ##### Best rated features - Expense Tracking: 5/5 - Transaction Management: 5/5 - Accounts Payable: 5/5 - Billing & Invoicing: 5/5 [See all features](/accounting/m3-profile/#key-features) --- ### [BQE CORE Suite](/accounting/bqe-core-accounting-profile/) - Overall rating: 4.5/5 - Reviews: 796 - Best for: Customer support - Free trial: Available - Free demo: Not available #### Overview BQE CORE is a cloud-based accounting and invoicing software designed for architecture, engineering, and consulting firms. The platform enables users to streamline operations and [Read more](/accounting/bqe-core-accounting-profile/) ##### What users love - Responsive and knowledgeable support team - Intuitive and adaptable interface design - Flexible and efficient invoicing tools ##### To take in mind - Limited and confusing reporting options - Challenging migration and workflow issues - Frequent lag and slow loading times #### Features ##### Best rated features - Budgeting/Forecasting: 5/5 - Percent-Complete Tracking: 5/5 - Real-Time Data: 5/5 - Client Management: 5/5 ##### Worst rated features - Gantt/Timeline View: 1/5 - Cost Estimating: 2/5 - Forecasting: 2/5 [See all features](/accounting/bqe-core-accounting-profile/#key-features) #### Pricing ##### Foundations - Price: Custom - Pricing available upon request [See full pricing details](/accounting/bqe-core-accounting-profile/#pricing-and-plans) --- ### [Versa Cloud ERP](/accounting/versaccounts-profile/) - Overall rating: 4.8/5 - Reviews: 23 - Starting price: $0.00/month - Free trial: Not available - Free demo: Not available #### Overview Versa is Modern all-in-one Cloud ERP software created for fast growing inventory heavy manufacturing, distribution, and e-commerce businesses moving to the next level. Versa [Read more](/accounting/versaccounts-profile/) #### Features ##### Best rated features - Reporting/Analytics: 5/5 - Search/Filter: 5/5 - Inventory Control: 5/5 - Inventory Management: 5/5 [See all features](/accounting/versaccounts-profile/#key-features) --- ### [Dynamics 365](/product/106335-Dynamics-365/) - Overall rating: 4.4/5 - Reviews: 5,865 - Starting price: $50.00/month - Best for: Small businesses - Free trial: Available - Free demo: Available #### Overview Microsoft Dynamics 365 is a cloud-based CRM ecosystem for small, medium and enterprise organizations, with a focus on Sales, Field Service, Customer Service complete with strong [Read more](/product/106335-Dynamics-365/) ##### What users love - User-friendly and intuitive interface - Deep Microsoft ecosystem integration - Centralized workforce and operations control ##### To take in mind - Expensive licensing and add-ons - Limited and complex customization options - Steep learning and onboarding process #### Features ##### Best rated features - Commission Management: 5/5 - Financial Analysis: 5/5 - Monitoring: 5/5 - For Real Estate: 5/5 ##### Worst rated features - Lead Scoring: 3.5/5 - Sales Trend Analysis: 3.8/5 - Prospecting Tools: 3.9/5 - API: 3.9/5 [See all features](/product/106335-Dynamics-365/#key-features) #### Pricing ##### Professional - Price: $50.00/month ##### Enterprise - Price: $105.00/month ##### Premium - Price: $195.00/month [See full pricing details](/product/106335-Dynamics-365/#pricing-and-plans) --- ### [Sage X3](/manufacturing/sage-x3-profile/) - Overall rating: 4.4/5 - Reviews: 176 - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Sage X3 is a powerful ERP software solution designed for midsized national and global manufacturers, distributors, and after-sales providers and can establish a foundation for your [Read more](/manufacturing/sage-x3-profile/) #### Features ##### Best rated features - Supplier Management: 5/5 - Multiple Projects: 5/5 - Serial Number Tracking: 5/5 - Profit/Loss Statement: 5/5 ##### Worst rated features - Data Visualization: 1/5 - Performance Metrics: 1/5 - Real-Time Reporting: 1/5 - Enterprise Asset Management: 1.8/5 [See all features](/manufacturing/sage-x3-profile/#key-features) --- ### [Focus X](/product/3600-focus/) - Overall rating: 3.8/5 - Reviews: 119 - Starting price: $60.00/month - Free trial: Not available - Free demo: Not available #### Overview Focus X is an all-inclusive enterprise resource planning (ERP) system that helps you connect every aspect of your business operations. From production to supply chain, customer [Read more](/product/3600-focus/) ##### What users love - Robust and flexible reporting tools - Flexible system adaptation options ##### To take in mind - Slow and unreliable support response #### Features ##### Best rated features - Project Accounting: 5/5 - Online Payments: 5/5 - Scheduling: 5/5 - Mobile App: 5/5 ##### Worst rated features - Fraud Detection: 1/5 [See all features](/product/3600-focus/#key-features) --- ### [Sage Accounting](/accounting/sage-business-cloud-accounting-profile/) - Overall rating: 4.1/5 - Reviews: 653 - Starting price: $20.00/month - Best for: Popular - Free trial: Available - Free demo: Not available #### Overview Sage Accounting is a cloud-based accounting and invoice management solution for small to midsize businesses. It offers accounting, project accounting, expense management and [Read more](/accounting/sage-business-cloud-accounting-profile/) ##### What users love - Streamlined daily financial management - User-friendly and intuitive interface - Accessible cloud-based accounting platform ##### To take in mind - Inconsistent and hard-to-reach support - Limited and inflexible invoicing tools - Restrictive and unintuitive reporting features #### Features ##### Best rated features - Time Tracking: 5/5 - Document Management: 5/5 - For Accountants: 5/5 - Duplicate Payment Alert: 5/5 [See all features](/accounting/sage-business-cloud-accounting-profile/#key-features) #### Pricing ##### Accounting Start - Price: $20.00/month - The Sage Accounting Start plan comes with an 30-day free trial and is ideal for micro-businesses. ##### Accounting Standard - Price: $40.00/month ##### Accounting Plus - Price: $50.00/month [See full pricing details](/accounting/sage-business-cloud-accounting-profile/#pricing-and-plans) --- ### [Dynamics 365 Business Central](/accounting/dynamics-365-business-central-profile/) - Overall rating: 4.1/5 - Reviews: 211 - Starting price: $8.00/month - Free trial: Not available - Free demo: Not available #### Overview Microsoft Dynamics 365 Business Central is a cloud-based enterprise resource planning (ERP) software solution designed for midsize organizations to streamline business operations [Read more](/accounting/dynamics-365-business-central-profile/) #### Features ##### Best rated features - Contract/License Management: 5/5 - Resource Management: 5/5 - Multi-Currency: 5/5 - BOM Creation: 5/5 [See all features](/accounting/dynamics-365-business-central-profile/#key-features) --- ### [Zoho Invoice](/accounting/zoho-invoice-profile/) - Overall rating: 4.7/5 - Reviews: 823 - Starting price: $0.00 - Best for: Billing & Invoicing - Free trial: Available - Free demo: Not available #### Overview Zoho Invoice is a 100% free cloud-based invoicing solution designed to help small businesses with invoicing, tracking expenses and accepting online payments.Key features include [Read more](/accounting/zoho-invoice-profile/) ##### What users love - Flexible and customizable invoicing - Intuitive and beginner-friendly interface - Free and affordable plans ##### To take in mind - Complex settings and navigation - Limited and outdated email features #### Features ##### Best rated features - Project Billing: 5/5 - Data Security: 5/5 - Customizable Branding: 5/5 - Reporting & Statistics: 5/5 ##### Worst rated features - Recurring Invoicing: 4/5 - Client Portal: 4/5 - Timesheet Management: 4/5 [See all features](/accounting/zoho-invoice-profile/#key-features) #### Pricing ##### Basic - Price: $0.00 - Up to 2 users [See full pricing details](/accounting/zoho-invoice-profile/#pricing-and-plans) --- ### [TimeSolv Legal Billing](/product/423485-TimeSolv-Legal-Billing/) - Overall rating: 4.7/5 - Reviews: 647 - Starting price: $42.74/month - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview TimeSolv is a cloud-based legal time tracking and billing solution that caters to law firms, accountants, consultants, architects, and freelancers, helping them manage daily [Read more](/product/423485-TimeSolv-Legal-Billing/) ##### What users love - Intuitive and user-friendly interface - Responsive and hands-on support - Flexible and efficient billing tools ##### To take in mind - Invoice customization and clarity issues #### Features ##### Best rated features - Document Capture: 5/5 - Third-Party Integrations: 5/5 - Fee Calculation & Posting: 5/5 - Archiving & Retention: 5/5 ##### Worst rated features - Reporting/Analytics: 3/5 - Collaboration Tools: 3/5 - Activity Dashboard: 3.3/5 [See all features](/product/423485-TimeSolv-Legal-Billing/#key-features) #### Pricing ##### TimeSolv Legal (1-4 Users) - Price: $47.50/month - The plan can be billed on a monthly or annual subscription. Volume discounts apply. ##### TimeSolv Legal (5-14 Users) - Price: $45.12/month - The plan is billed on a monthly subscription. ##### TimeSolv Legal (15+ Users) - Price: $42.74/month - The plan is billed on a monthly subscription. [See full pricing details](/product/423485-TimeSolv-Legal-Billing/#pricing-and-plans) --- ### [Agiled](/project-management/agiled-profile/) - Overall rating: 4.7/5 - Reviews: 350 - Starting price: $0.00 - Best for: Invoice Creation - Free trial: Available - Free demo: Not available #### Overview Agiled is an all in one business management platform. It comes with built-in CRM, HRM, Financial Management, Project Management and Time Tracking. Users can manage all of their [Read more](/project-management/agiled-profile/) #### Features ##### Best rated features - Multiple Billing Rates: 5/5 - Issue Management: 5/5 - Completion Tracking: 4.8/5 - Employee Database: 4.8/5 ##### Worst rated features - Reminders: 3/5 - Customizable Templates: 3.8/5 - Team Collaboration: 4/5 - Automatic Time Capture: 4/5 [See all features](/project-management/agiled-profile/#key-features) #### Pricing ##### Basic - Price: $0.00 ##### Pro - Price: $30.00/month - $25/month when billed annually. ##### Premium - Price: $59.00/month - $49/month when billed annually. [See full pricing details](/project-management/agiled-profile/#pricing-and-plans) --- ### [Eleven](/accounting/eleven-profile/) - Overall rating: 4.9/5 - Reviews: 122 - Starting price: $35.00/month - Best for: Ease of use - Free trial: Available - Free demo: Not available #### Overview Eleven is a cloud-based accounting platform purpose-built for modern accounting firms that need to scale efficiently without increasing operational complexity. As firms grow, they [Read more](/accounting/eleven-profile/) #### Features ##### Best rated features - Dashboard: 5/5 - Cash Management: 5/5 - Audit Management: 5/5 - Transaction Management: 5/5 ##### Worst rated features - Bookkeeping Services Integration: 4/5 [See all features](/accounting/eleven-profile/#key-features) #### Pricing ##### Standard (Entity) - Price: $35.00/month - - Unlimited Users - Multi-entity bookkeeping - Bank feeds & reconciliation - AI powered bank ##### Professional (Entity) - Price: $40.00/month - - Unlimited Users - Everything in Standard plus: - Consolidated reporting - Custom report builder - ##### Enterprise - Price: Custom - Pricing available upon request - For larger organizations and enterprises managing multiple entities, our custom pricing plans unlock [See full pricing details](/accounting/eleven-profile/#pricing-and-plans) --- ### [FloQast](/accounting/floqast-profile/) - Overall rating: 4.9/5 - Reviews: 106 - Starting price: $999.00/month - Best for: Features - Free trial: Not available - Free demo: Not available #### Overview FloQast, an Accounting Automation Platform created by accountants for accountants, enables organizations to automate a variety of accounting operations. Trusted by more than 2,800 [Read more](/accounting/floqast-profile/) #### Features ##### Best rated features - Multi-Company: 5/5 - Audit Management: 5/5 - Financial Consolidation & Close Management: 5/5 - Due Date Tracking: 5/5 ##### Worst rated features - Project Management: 4/5 [See all features](/accounting/floqast-profile/#key-features) --- 1 [2](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=5)[6](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=6)[7](https://www.softwareadvice.com/accounting/general-ledger-comparison/?__ai_markdown=true&page=7) ## Popular Comparisons [ Xero vs QuickBooks Enterprise ](https://www.softwareadvice.com/construction/qb-desktop-enterprise-profile/vs/xero/)[ NetSuite vs Dynamics 365 ](https://www.softwareadvice.com/compare/25483-netsuite-financials-accounting-software/vs/106335-Dynamics-365/)[ Zoho Invoice vs Wave ](https://www.softwareadvice.com/compare/18767-Wave-Apps/vs/435103-zoho-invoice/)[ Sage 50 Accounting vs QuickBooks Online Advanced ](https://www.softwareadvice.com/compare/49805-QuickBooks-Online/vs/423487-sage-50cloud/)[ Sage Intacct vs BoldTrail Back Office ](https://www.softwareadvice.com/compare/1710-intacct-accounting/vs/77631-BoldTrail-Back-Office/)[ Odoo vs Cin7 Core ](https://www.softwareadvice.com/scm/dear-systems-profile/vs/odoo/)[ Sage Accounting vs Sage 100 ](https://www.softwareadvice.com/distribution/sage-100cloud-profile/vs/sage-business-cloud-accounting/) ## Your Guide to Top General Ledger Software, January 2025 Software Advice uses reviews from real software users to highlight the top-rated General Ledger products in North America. [Learn how products are chosen](https://www.softwareadvice.com/legal-page/frontrunners-methodology/) #### Explore FrontRunners - [Accounting Seed](https://www.softwareadvice.com/accounting/accounting-seed-profile/) - [BQE CORE Suite](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/) - [Dynamics 365](https://www.softwareadvice.com/product/106335-Dynamics-365/) - [Dynamics 365 Business Central](https://www.softwareadvice.com/accounting/dynamics-365-business-central-profile/) - [LivePlan](https://www.softwareadvice.com/accounting/liveplan-profile/) - [Multiview ERP](https://www.softwareadvice.com/accounting/multiview-enterprise-profile/) - [MYOB Business](https://www.softwareadvice.com/accounting/myob-essentials-profile/) - [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) - [Odoo](https://www.softwareadvice.com/crm/odoo-profile/) - [Patriot Accounting](https://www.softwareadvice.com/accounting/patriot-profile/) - [QuickBooks Desktop](https://www.softwareadvice.com/accounting/quickbooks-pro-profile/) - [QuickBooks Enterprise](https://www.softwareadvice.com/construction/qb-desktop-enterprise-profile/) - [QuickBooks Online Advanced](https://www.softwareadvice.com/product/49805-QuickBooks-Online/) - [Sage 100](https://www.softwareadvice.com/distribution/sage-100cloud-profile/) - [Sage Accounting](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/) - [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) - [Sage X3](https://www.softwareadvice.com/manufacturing/sage-x3-profile/) - [SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/) - [Striven](https://www.softwareadvice.com/project-management/striven-profile/) - [TallyPrime](https://www.softwareadvice.com/accounting/tally-profile/) - [Wave](https://www.softwareadvice.com/product/18767-Wave-Apps/) - [Xero](https://www.softwareadvice.com/accounting/xero-profile/) - [ZarMoney](https://www.softwareadvice.com/accounting/zarmoney-profile/) - [Zoho Books](https://www.softwareadvice.com/accounting/zoho-books-profile/) “Usability” includes user ratings for Functionality and Ease of Use. “Customer Satisfaction” includes user ratings for Customer Support, Likelihood to Recommend and Value for Money. Reviews analysis period: The reviews analysis period spans two years and ends the 15th of the month prior to publication. ## Send me a copy of this list to my inbox ### Get a copy of this list with pricing info sent to your inbox so you can pick up where you left off when convenient to you. The general ledger is a core financial tool for any business, as it contains all accounts for a company’s assets, revenue, equity and expenses. The importance of a well-kept general ledger cannot be overstated. Because of this, a general ledger is a key feature of any [accounting software solution](https://www.softwareadvice.com/accounting/). However, due to regulations and standards placed on company’s financial practices and the large and ever-evolving landscape of software, it can be challenging to find the accounting suite that delivers the results you need. This buyer’s guide is designed to help alleviate any potential frustration and aid you in your search for a system that will help keep your general ledger balanced and organized. We’ll cover the following topics: - [What is general ledger software?](#Whatisgeneralledgersoftware) - [What are common features of general ledger solutions?](#Whatarecommonfeaturesofgeneralledgersolutions) - [What are the trends among small business accounting software buyers?](#Whatarethetrendsamongsmallbusinessaccountingsoftwarebuyers) - [How are general ledger systems priced and deployed?](#Howaregeneralledgersystemspricedanddeployed) ## What is general ledger software? A general ledger is a core feature of most accounting software, and serves as a repository for all financial data from other subledgers and modules, such as: - Accounts receivable - Accounts payable - Project accounting - Cash management - Purchasing - Fixed assets Organizations, such as law firms or nonprofits, must keep separate ledgers for each client or account to comply with regulations. These will have to be reconciled monthly to ensure accounts match between the bank and the organization. The general ledger is also the place where users can derive important reports, such as income statements and reports on overall financial health. In many modern accounting systems, the general ledger contains the data that fuels a graphical dashboard, showing users the top key performance indicators (KPIs), such as profits, total revenue and expenses and revenues for individual business units, in charts and graphs. This is all the more reason the software you choose should have easy-to-use and accurate general ledger functionality. _The customized dashboard view of_ [Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) ## What are common features of general ledger solutions? The general ledger is a functional area of a larger accounting suite, and many features assist with the daily tasks associated with the ledger. Here are some common ones: | Feature | Description | | --- | --- | | Bank reconciliation | Allows companies to match the balances of records in the general ledger to bank accounts to identify any discrepancies. Some accounting systems can automatically import and export changes to the numbers, such as credit card transactions, to save time. | | Tax preparation | Depending on the state and federal regulations you are subject to, accounting software vendors stay up-to-date and ensure compliance by updating tax law details in the system. | | Customizations | Accounting software vendors serve a wide range of industries, so most offer highly customizable systems to ensure each client has the functionality they need. In addition, most systems can integrate with other software, so all your company’s financial data can flow seamlessly from module to module. | | Reporting and dashboards | Any data used to generate reports or populate KPI dashboards will pull from the general ledger. It’s important to keep the ledger accurate and up to date so that the information you use in reports and dashboards reflect the true financial standing. | | Mobile applications | When emergency situations occur, mobile apps give users the ability to perform most tasks with a smartphone or tablet anywhere. Mobile users can send invoices, reconcile accounts, log expenses and more. Many apps also take advantage of native mobile device hardware, such as a camera, to capture paper receipts, for example. | --- ## What are the trends among small business accounting software buyers? Software Advice is in contact with hundreds of small business software buyers each day, so we gain unique insight into their preferences. In a 2016 survey about accounting software, buyers revealed the most important features to them: - Ninety-seven percent of buyers request a system with accounts payable, accounts receivable and general ledger - Three percent request a system with accounts payable and general ledger **Therefore, we can say that 100 percent of accounting software buyers want the functionality of a general ledger system.** This highlights the importance of choosing a system with the ledger capabilities you need. The survey went on to uncover the other top accounting features: ### Top-Requested Accounting Software Functionality Financial reporting led the results for features that aren’t included in core accounting capabilities with 82 percent; this is a leap from 56 percent in 2015, and a sign that the general ledger is critical to several other functions in an accounting system. ## How are general ledger systems priced and deployed? General Ledger Systems Pricing and Deployment Accounting software, like many other types of systems, is commonly offered in two ways: - **As a perpetual license.** Users pay an upfront cost for the right to use the software forever. Usually, buyers will also pay fees for ongoing support and software updates. - **As a monthly subscription.** Users pay a monthly subscription fee based on the number of users, features included or other factors. This may also include an additional upfront, one-time cost. Costs for software will increase as features or add-on modules are integrated into the system, and vendors are often able to customize a set of features into a package that works for a specific industry or business. Secondly, the system can be deployed in a of couple ways: - **Hosted or on-premise** means the software is downloaded to the computers at your business, and all the data on that system is local. Some users prefer this model to keep their data close by. - **Cloud or web-based** typically means the software is accessible via a web browser, anywhere the user needs it. In the overall software industry, there is a movement toward cloud-based systems, as their flexibility is a significant benefit for many types of companies. In a recent survey, Software Advice asked small businesses about their confidence in cloud-based accounting systems. The results showed that while about 43 percent used on-premise software in 2014, the following year, the number of cloud software users nearly doubled, with an increase from 16 to 30 percent. The notion that cloud-based software is less secure than on-premise is changing, and 28 percent of respondents from the same survey cite increased safety and security as a top benefit. ### Related General Ledger Software - [Accounting Software](https://www.softwareadvice.com/accounting/) - [Accounts Payable Software](https://www.softwareadvice.com/accounting/accounts-payable-comparison/) - [Accounts Receivable Software](https://www.softwareadvice.com/accounting/accounts-receivable-comparison/) - [Billing and Provisioning Software](https://www.softwareadvice.com/billing-and-provisioning/) - [Bookkeeper Software](https://www.softwareadvice.com/accounting/bookkeeping-comparison/) - [Financial Close Software](https://www.softwareadvice.com/financial-close/) - [Financial Reporting Software](https://www.softwareadvice.com/accounting/financial-reporting-comparison/) - [Project Accounting Software](https://www.softwareadvice.com/accounting/project-accounting-software-comparison/) - [Revenue Recognition Software](https://www.softwareadvice.com/revenue-recognition/)