# Best General Ledger Software - 2026 Reviews & Pricing > Find the best General Ledger Software for your organization. Compare top General Ledger Software systems with customer reviews, pricing, and free demos. Source: https://www.softwareadvice.com/accounting/general-ledger-comparison --- [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 July 6, 2026 On this page 1. FrontRunners 2. Popular Comparisons 3. Buyers Guide 4. Related Software Filter products 163 results ### Compare Products Showing 1 - 25 of 163 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. ### Product: Sage Intacct [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) 4.28 [(711)](https://www.softwareadvice.com/accounting/intacct-accounting-profile/reviews/) Best for:Mid-size businesses ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, expertly designed to bring rich financial and operational insights to a variety of businesses. Recognized for its robust accounting capabilities, Sage Intacct is particularly tailored for small to midsize enterprises looking to streamline their financial processes while gaining access to real-time monetary data. From an architectural standpoint, Sage Intacct stands as an adaptable platform equipped to integrate with numerous other applications. This flexibility enables it to easily fit into a wide range of business ecosystems, accommodating the diverse and evolving needs of modern organizations. Central to its design is an appreciation for differing industry requirements, which Sage Intacct meets with its industry-specific solutions, thereby supporting a more personalized financial management experience. The platform is lauded for its user-friendly interface, crafted to simplify complex financial data compilation and present it in an easily digestible format. Users are able to construct comprehensive financial reports that garner insights without requiring an extensive background in data analysis. This function is vital for companies aiming to make informed decisions quickly and with confidence. A defining trait of Sage Intacct is the commitment to financial visibility. With its advanced reporting and dashboard capabilities, stakeholders can dissect and monitor financial metrics that are critical to a business’s strategic vision, enabling leadership to pivot or accelerate with accurate backing. Moreover, Sage Intacct is engineered to scale, offering entities the assurance that the software can grow in tandem with their operations. In accounting terms, Sage Intacct is a friend to compliance, offering a suite of features that assist businesses in adhering to accounting standards and regulations, such as GAAP, IFRS, and others. It also reinforces internal controls, helping to mitigate financial risk and establish a transparent financial environment. Given its cloud foundation, Sage Intacct provides anywhere, anytime access to financial data, a necessity in a globalized and mobile business landscape. The security of this data is not overlooked; Sage Intacct commits to established protocols to safeguard sensitive financial information against modern threats. Sage Intacct, thus, stands out as a potent tool that facilitates enhanced financial management, augments strategic decision-making capabilities, and assures compliance and security, all while offering expandability to accommodate the dynamic nature of growing businesses. It remains an integral part of the Sage Business Cloud, geared towards empowering organizations with precision and agility in their financial operations.... [Read more](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) ### What users love - Intuitive and user-friendly interface - Robust accounting process automation - Flexible multi-dimensional reporting tools ### To take in mind - Complex and rigid report customization - Slow and unresponsive support experience - Expensive and escalating costs ### Best rated features: Vendor Management 5.0 For Nonprofits 5.0 Real-Time Reporting 5.0 ERP integration 5.0 [See all features](https://www.softwareadvice.com/accounting/intacct-accounting-profile/#key-features) ### Product: Xledger [Xledger](https://www.softwareadvice.com/accounting/xledger-profile/) 4.50 [(12)](https://www.softwareadvice.com/accounting/xledger-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 traditional on-premise or first generation cloud ERP systems can deliver. Designed for finance teams managing complexity, multiple entities, distributed teams, project-driven operations and rising transaction volumes, Xledger provides automation, real time visibility and scalable control in a single unified system. Where many finance systems depend on custom code, manual processes or significant IT involvement, Xledger delivers continuous updates, built-in best practices and configuration instead of customisation. Customers gain a system that evolves with their organisation, reducing cost and complexity over time. Deep Automation Across The Entire Finance Function Xledger automates high effort processes across AP, AR, bank reconciliation, expense management, project accounting, period close and group consolidation. AI-enabled data capture and workflow automation drive accuracy and speed, freeing finance teams from manual work. Real Time Insight For Every Stakeholder Xledger unifies all financial and operational data into a single live dataset, eliminating the need for bolt-on reporting tools, data warehouses or manual spreadsheets. Users access live dashboards, drill downs and advanced analytics tailored to their role. For multi-entity groups, real-time consolidation, automated eliminations and global reporting provide full oversight across subsidiaries, regions and cost centres as the business grows. Multi-Entity, Multi-Currency, Multi-Dimensional By Design Unlike platforms that rely on additional modules or third party tools, Xledger provides native support for complex organisational structures. Whether managing 5 entities or 500, finance teams benefit from automated intercompany transactions, shared chart of accounts, consistent data models and flexible multi currency handling. This allows organisations to scale seamlessly, integrate acquisitions and maintain standardised processes across the entire group. Configurable Rather Than Customised Xledger is built on configuration, not bespoke development. Finance teams can tailor workflows, approval paths, dashboards, integrations and data structures without accumulating technical debt. Updates are delivered automatically, ensuring all customers run on the latest version without costly upgrade projects or downtime. A Modern Alternative To Complex ERP Suites Many organisations evaluate Xledger alongside systems like Business Central, NetSuite and Sage Intacct when modernising finance. Buyers often select Xledger for its strong multi-entity capabilities, deeper automation, unified data model and lower total cost of ownership. The platform offers enterprise level functionality without the heavy customisation, multi-module complexity or IT overhead typically associated with larger ERP solutions. Seamless Integrations Xledger integrates with CRM platforms, payroll solutions, banking interfaces, billing systems, sector specific applications and data platforms. With open APIs and pre-built connectors, customers can automate data flows and build a connected financial ecosystem that supports digital transformation. Engineered For Growth And Trusted Worldwide More than 10,000 organisations worldwide rely on Xledger across sectors such as non profit, professional services, education, property, consulting, membership organisations and multi entity commercial groups. Its cloud native architecture and robust automation make it ideal for organisations experiencing rapid change, expansion, restructuring or increasing reporting demands. A True Cloud Platform That Drives True Finance Transformation Whether the objective is greater operational efficiency, faster reporting, stronger controls or strategic insight, Xledger provides the tools and scalability to support continuous improvement.... [Read more](https://www.softwareadvice.com/accounting/xledger-profile/) ### Best rated features: General Ledger 4.5 Project Accounting 4.0 Accounts Receivable 4.0 Accounts Payable 4.0 ### Worst rated features: For Nonprofits 3.0 Multi-Currency 3.0 Financial Reporting 3.3 Fund Accounting 3.5 [See all features](https://www.softwareadvice.com/accounting/xledger-profile/#key-features) ### Product: Sage 50 Accounting [Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/) 4.00 [(603)](https://www.softwareadvice.com/accounting/sage-50cloud-profile/reviews/) Best for:On the rise ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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, ensuring accuracy and efficiency in accounting processes. One of the key features of Sage 50cloud Accounting is its inventory management capabilities, which allow businesses to track inventory levels, manage stock and monitor product performance. It provides real-time updates on inventory status, helping businesses maintain optimal stock levels and avoid overstocking or stockouts. Additionally, it supports multiple pricing levels and units of measure, which is particularly useful for businesses dealing with a wide range of products. Sage 50 Accounting excels in its financial reporting and analysis functionalities. The platform offers a variety of customizable reports that provide insights into the financial health of a business. Users can generate balance sheets, income statements, cash flow statements and other critical financial reports with ease. The reporting tools are designed to help businesses make informed decisions based on accurate financial data. Additionally, the solution includes budgeting and forecasting features that enable businesses to plan for the future and track their financial performance against set goals. Sage 50 Accounting includes a payroll management system that streamlines the process of managing employee payroll, ensuring compliance with tax regulations and labor laws. It can handle various payroll tasks, including calculating wages, withholding taxes and generating paychecks. It supports direct deposit, which streamlines the payment process for both employers and employees. Additionally, its payroll system integrates with its accounting features, ensuring that payroll expenses are accurately reflected in financial records. Sage 50 Accounting offers accounts payable and accounts receivable functionalities. The accounts payable feature allows businesses to manage their vendor relationships effectively by tracking outstanding bills and scheduling payments. Users can set up recurring payments, take advantage of early payment discounts and avoid late fees. The accounts receivable feature helps businesses manage customer invoices and track payments. Additionally, users can generate and send invoices, monitor overdue accounts and apply payments to specific invoices.Sage 50 Accounting includes a job costing feature, which is particularly beneficial for project-based businesses. It allows users to track costs associated with specific jobs or projects, including labor, materials and overhead. By providing detailed cost breakdowns, it helps businesses ensure that projects stay within budget and remain profitable. Additionally, the job costing feature integrates with other accounting functions, providing a holistic view of project finances. Sage 50 Accounting is equipped with security features to protect sensitive financial data. The solution includes user access controls that allow administrators to assign specific permissions to different users, ensuring that only authorized personnel can access certain information. Additionally, it employs data encryption and regular backups to safeguard against data breaches and loss.... [Read more](https://www.softwareadvice.com/accounting/sage-50cloud-profile/) ### What users love - User-friendly and intuitive design - Reliable core accounting functions - Tailored for small businesses ### To take in mind - Unreliable customer service experience - Limited and inflexible reporting - Expensive for smaller businesses ### Best rated features: Key Performance Indicators 5.0 Order Management 5.0 Financial Management 5.0 Customizable Templates 5.0 [See all features](https://www.softwareadvice.com/accounting/sage-50cloud-profile/#key-features) ### Pro Accounting $124.42/month This plan is also available at an annual subscription of $625. Pricing for single user. ### Premium Accounting $169.33/month This plan is also available at an annual subscription of $1043 and is designed for small businesses with 1-5 users. Pricing for single user.... [Read more](https://www.softwareadvice.com/accounting/sage-50cloud-profile/#pricing-and-plans) ### Quantum Accounting $253.42/month This plan is also available at an annual subscription of $1780 and provides industry specific functionality for 1-40 users. Pricing for single user.... [Read more](https://www.softwareadvice.com/accounting/sage-50cloud-profile/#pricing-and-plans) [See full pricing details](https://www.softwareadvice.com/accounting/sage-50cloud-profile/#pricing-and-plans) ### Product: NetSuite [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) 4.23 [(2048)](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/reviews/) Best for:Enterprise businesses ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary NetSuite is an AI-powered cloud-based business management suite that incorporates ERP, financial management, CRM and eCommerce functionalities into a unified platform, helping organizations automate core processes and gain real-time visibility into operational and financial performance. It is designed to cater to multiple industries and business sizes, ranging from startups to large enterprises. NetSuite embeds AI capabilities across the suite with agents that assist and advise business leaders with new ways to simplify tasks, suggest actions and uncover business insights. NetSuite ERP encompasses various functions essential for business operations, including financial management, order management, inventory management, warehouse management, supply chain management and procurement. The financial management module includes accounts payable, accounts receivable, general ledger, fixed asset management, payment management and tax management. The CRM (customer relationship management) features in NetSuite cover customer service management, marketing automation and Salesforce automation. The CRM module also includes tools for configuring price quotes. Additionally, the platform offers functionalities for field service management for scheduling and dispatching, a mobile application and asset management. The platform provides professional services automation that helps in project accounting, project management, resource management, expense management and timesheet management. Additionally, these features enable businesses to manage their human resources and projects efficiently. NetSuite includes an analytics and reporting module, providing reporting dashboards and access to a data warehouse. NetSuite supports global business management through multi-currency, multi-language capabilities and global accounting consolidation. It facilitates tax management on a global scale. Additionally, the software features modules for eCommerce and omnichannel commerce, supporting B2C and B2B eCommerce, order management, point of sale and logistics. NetSuite’s platform allows for application distribution, customization, integration, internationalization, performance monitoring, process automation and platform development. These features ensure that businesses can tailor the software to their specific needs. Additionally, the platform prioritizes application and operational security and effective data management.... [Read more](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) ### What users love - Flexible system tailoring options - Comprehensive and scalable functionality - Centralized financial process management ### To take in mind - Steep learning curve and complexity - Complex and rigid reporting tools - Slow and inconsistent support experience ### Best rated features: "What If" Scenarios 5.0 Aging Tracking 5.0 Vendor Master Data Management 5.0 Project Tracking 5.0 [See all features](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/#key-features) ### Product: AccountMate [AccountMate](https://www.softwareadvice.com/accounting/accountmate-profile/) 4.28 [(25)](https://www.softwareadvice.com/accounting/accountmate-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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 procedures and routines. The solution provides multiple modules which can be tailored to specific business' needs. Key features include core accounting (accounts receivable, accounts payable, general ledger), inventory management, contact management and payroll processing. AccountMate provides modules for business analysis, business intelligence and customer relationship management (CRM). Drill-down analysis permits viewing of account and transaction details whenever required. AccountMate provides users an audit trail via solution-wide tracking of data changes as well as fraudulent protection features. Users can attach supporting documents to records and view bank balances and transactions in real time. Additionally, AccountMate’s multi-currency and multilingual capabilities support global operations. AccountMate is compatible with Windows systems and is available for local installation, hosted, Software as a Service (SaaS) and/or mobile. The solution is priced per user/per module. Support is offered via phone, email and other online resources.... [Read more](https://www.softwareadvice.com/accounting/accountmate-profile/) ### Best rated features: Collaboration Tools 5.0 Multiple Projects 5.0 Purchase Order Management 5.0 Project Planning/Scheduling 5.0 ### Worst rated features: Task Management 4.0 Billing & Invoicing 4.0 [See all features](https://www.softwareadvice.com/accounting/accountmate-profile/#key-features) ### Basic $4,000.00one time [See full pricing details](https://www.softwareadvice.com/accounting/accountmate-profile/#pricing-and-plans) ### Product: Striven [Striven](https://www.softwareadvice.com/project-management/striven-profile/) 4.82 [(130)](https://www.softwareadvice.com/project-management/striven-profile/reviews/) Best for:Small businesses ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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, and spreadsheets into something resembling a workflow. It brings accounting, CRM, project management, inventory, HR, and reporting under one roof, so a closed deal in sales auto-generates the invoice, updates inventory, and kicks off the project. No re-keying, no version drift, no hunting for the source of truth. The real value is the real-time integration between every part of your system, which means full integration between every part of your business. When every module talks to the others in real time, leadership stops deciding on month-old data and teams stop arguing about which spreadsheet is current. Workflows, dashboards, and reports bend to how the business actually runs, and customer, vendor, and candidate portals extend the system to the people outside your walls. For service firms, contractors, and manufacturers graduating from disconnected tools, Striven is the consolidation play that pays back in time, accuracy, and clarity.... [Read more](https://www.softwareadvice.com/project-management/striven-profile/) ### Best rated features: Routing 5.0 Document Storage 5.0 Segmentation 5.0 Performance Management 5.0 ### Worst rated features: API 1.0 [See all features](https://www.softwareadvice.com/project-management/striven-profile/#key-features) ### Standard $35.00/month The plan is based on the number of users. ### Enterprise $70.00/month The per-user price decreases as the number of users increases. [See full pricing details](https://www.softwareadvice.com/project-management/striven-profile/#pricing-and-plans) ### Product: Connected [Connected](https://www.softwareadvice.com/accounting/accountek-profile/) 5.0 [(3)](https://www.softwareadvice.com/accounting/accountek-profile/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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 integrate their data and processes across departments and locations and manage their accounting routines. Connected's accounting features include income statements, balance sheets, a chart of accounts, customer lists, customer statements, inventory lists, vendor lists, expense reports and purchase orders. It also allows users to create journal entries with notes about these features. Connected also offers users 'Data Conversion' feature that helps users convert their organization's data from their previous accounting solution. Additionally, it features consolidation plugin, which features automatic G/L account mapping between files, manual drag and drop mapping, audit trails and consolidation reports. Services are offered on a monthly subscription basis. Perpetual license for a one-time fee is also offered by the solution. Support is available via phone, email and other online resources.... [Read more](https://www.softwareadvice.com/accounting/accountek-profile/) ### Basic CA$649.00 [See full pricing details](https://www.softwareadvice.com/accounting/accountek-profile/#pricing-and-plans) ### Product: Aplos [Aplos](https://www.softwareadvice.com/nonprofit/aplos-profile/) 4.46 [(187)](https://www.softwareadvice.com/nonprofit/aplos-profile/reviews/) Best for:Small businesses ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Aplos is a dedicated accounting solution engineered specifically for the unique financial demands of nonprofit organizations. We understand the complexities of managing restricted funds, grants, and diverse revenue streams while upholding transparency and regulatory compliance. Our platform provides precise tools for fund tracking, allowing your organization to clearly see how every dollar is allocated and utilized according to its intended purpose. Effortlessly generate comprehensive, auditor-ready financial reports that adhere to nonprofit accounting standards (like FASB and GAAP). Aplos offers intuitive budgeting capabilities to aid responsible financial planning, alongside automated allocation features that enhance data integrity and reduce manual effort. Gain real-time insights into your organization's financial health, supporting informed decision-making and ensuring unwavering accountability.... [Read more](https://www.softwareadvice.com/nonprofit/aplos-profile/) ### Best rated features: Customizable Reports 5.0 Membership Management 5.0 Reporting/Analytics 5.0 Financial Analysis 5.0 [See all features](https://www.softwareadvice.com/nonprofit/aplos-profile/#key-features) ### Lite $79.00/month ### Core $129.00/month ### Advanced Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/nonprofit/aplos-profile/#pricing-and-plans) ### Product: Versa Cloud ERP [Versa Cloud ERP](https://www.softwareadvice.com/accounting/versaccounts-profile/) 4.77 [(22)](https://www.softwareadvice.com/accounting/versaccounts-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Available Software Advice Summary 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 Cloud ERP is ideally suited for for businesses focused on products, including manufacturers, distributors, wholesalers, traders, retailers, and eCommerce, that require a new ERP system. The solution is easy to afford, quick to implement, easy to learn and use. Features of Versa Cloud ERP include purchase-to-lay, quote-to-cash, document management, payroll and business analytics. It also offers modules for advanced pricing and inventory management, B2B and B2C sales portals, project accounting and customer relationship management (CRM). Third-party add-ons such as payroll, sales tax, shipping and logistics and e-commerce consolidators can also be integrated. Within the financial accounting module, the solution provides general ledger (GL), accounts payable (AP), accounts receivable (AR), fixed asset management and cash management features. These tools can help companies manage different businesses, manage locations and currencies and adhere to financial compliance. A project-specific accounting feature allows users to track both billable and non-billable project expenses. Versa Cloud gives you enterprise-level functionality — like multi-entity accounting, advanced inventory, distribution, production and CRM — at an affordable price.... [Read more](https://www.softwareadvice.com/accounting/versaccounts-profile/) ### Best rated features: Reporting/Analytics 5.0 Search/Filter 5.0 Inventory Control 5.0 Inventory Management 5.0 [See all features](https://www.softwareadvice.com/accounting/versaccounts-profile/#key-features) ### Product: Deltek Costpoint [Deltek Costpoint](https://www.softwareadvice.com/project-management/deltek-costpoint-profile/) 3.95 [(215)](https://www.softwareadvice.com/project-management/deltek-costpoint-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Deltek Costpoint is an enterprise resource planning (ERP) and management solution designed to meet the requirements of midsize and large enterprise businesses. The solution primarily assists government contractors, professional service firms, and not-for-profit businesses with project management, accounting, labor and material management and business intelligence functionalities. Costpoint is available as both web-based and on premise application. The solution helps to streamline processes like project billing, revenue management, expense tracking and compliance management, enabling businesses to monitor all operations through a single screen. The budgeting & planning module helps in building project budgets and EACs. Costpoint compares the actual project progress against the planned schedule and highlights the achievements and pain points. The "What-If" analysis helps to analyze multiple outcomes of same situations under different circumstances. Some of the other features include time & expense management, contract management, payroll management, reporting and compliance management. Costpoint is used in the variety of industry verticals, including aerospace and defense, high-tech, healthcare, nonprofit and education.... [Read more](https://www.softwareadvice.com/project-management/deltek-costpoint-profile/) ### Best rated features: Compliance Management 5.0 Collaboration Tools 5.0 Task Management 5.0 Project Planning/Scheduling 5.0 [See all features](https://www.softwareadvice.com/project-management/deltek-costpoint-profile/#key-features) ### Product: MIP Accounting [MIP Accounting](https://www.softwareadvice.com/product/121198-MIP-Accounting/) 4.11 [(69)](https://www.softwareadvice.com/product/121198-MIP-Accounting/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary MIP is the leading accounting software designed for mission-driven organizations, including nonprofits, schools, healthcare, associations, and government entities. It provides complete financial oversight, helping you track unlimited funds such as grants, contributions, and program services while improving decision-making, donor engagement, and operational efficiency. MIP simplifies complex financial processes so you can manage every dollar with confidence. Backed by expert support, training, and a true nonprofit focus, MIP is your trusted partner for financial success.... [Read more](https://www.softwareadvice.com/product/121198-MIP-Accounting/) ### Best rated features: General Ledger 5.0 Income & Balance Sheet 5.0 API 5.0 Accounts Payable 5.0 ### Worst rated features: Payroll Management 1.0 Grant Management 1.0 [See all features](https://www.softwareadvice.com/product/121198-MIP-Accounting/#key-features) ### Product: Beyond Software [Beyond Software](https://www.softwareadvice.com/psa/beyond-profile/) 4.71 [(7)](https://www.softwareadvice.com/psa/beyond-profile/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 projects by increasing visibility and creating accountability. Industries that can use the software include architectural, engineering, marketing, and software development. Beyond Software’s mobile app allows users to record time and expenses as they are incurred. Users can see which projects have resources assigned, how much time has been assigned, and how much time each resource has available. These steps allow the user to make business decisions at every phase of the project. Once projects are completed, results can be measured to the company’s specific standards. Through these results, companies can identify patterns and areas of concern. The web-based system offers a variety of functionalities including core accounting, time tracking, expense tracking, and billing & invoicing.... [Read more](https://www.softwareadvice.com/psa/beyond-profile/) ### Product: M3 Accounting Core [M3 Accounting Core](https://www.softwareadvice.com/accounting/m3-profile/) 4.73 [(11)](https://www.softwareadvice.com/accounting/m3-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 offers a fully integrated interface tailored specifically to the unique needs of hotels and related establishments. It offers a comprehensive set of features to meet the diverse needs of standalone properties or expansive real estate investment trusts (REITs) spanning continents. The solution facilitates integration into the existing chart of accounts or the creation of a new, customized chart of accounts compliant with the latest USALI standards. Furthermore, M3 Accounting Core Software tailors financial reporting and invoice workflow to the specific needs of each organization, regardless of portfolio size. It offers various features including tax reporting, data processing, forecasting, general ledger, accounts payable, document imaging and more. Moreover, M3 Accounting Core Software offers customizable financial reports and budget planning with the ability to set up multiple forecasts for comparison across periods. Additionally, it also supports multi-company accounts payable, multi-currency exchange rates and recurring invoices, thus catering to the diverse and complex financial needs of hotel management. The software enables automatic generation of 1099/1096 forms, facilitates data import/export, and utilizes intelligent document imaging to facilitate interaction with other industry-standard technologies. The software's capacity to automate check writing, manage cash across properties, and integrate with essential technology providers establishes it as a holistic financial management solution for hotels. M3 Accounting Core Software offers round-the-clock support, ongoing training, and extensive industry expertise. With a wide team of employees serving more than one thousand customers and nine thousand entities, M3 is committed to assisting users in overcoming the complexities of hospitality financial management. The software simplifies workflow processes and integrates with other key tech providers in the industry. Its features and support services aid in improving efficiency and visibility to enhance hotel financial performance. Additionally, customer support is also extended via help desk, documentation, product videos, FAQs, phone and more. In conclusion, M3 Accounting Core Software offers a comprehensive solution for financial management in the hospitality industry. Its seamless integrations and customizable features make it a valuable choice for hoteliers and hospitality investment companies. Some key users of the software include Sage Hospitality Group, THG (The Hotel Group), Crestline Hotels & Resorts, Davidson Hospitality Group, Super Host Hospitality, and GF Hotels & Resorts.... [Read more](https://www.softwareadvice.com/accounting/m3-profile/) ### Best rated features: Expense Tracking 5.0 Transaction Management 5.0 Accounts Payable 5.0 Billing & Invoicing 5.0 [See all features](https://www.softwareadvice.com/accounting/m3-profile/#key-features) ### Product: SAP S/4HANA Cloud [SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/) 4.35 [(358)](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/reviews/) Best for:Features ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary SAP S/4HANA Cloud is a cloud-based and on-premise enterprise resource planning (ERP) solution. It is suitable for small, midsize and large businesses in industries such as automotive, engineering, construction, mining, research and development, retail, wholesale, public sector and utilities. Primary features include finance performance measurement, supply chain management, purchasing, contract management, lifecycle management, production cost management and accounting. Other features include audit trails, compliance reporting, billing, dispute management, production planning, materials requirements planning (MRP), maintenance management, quality management, product lifecycle management, research and development. It offers integration with SuccessFactors Employee Central, Ariba, SAP Financial Services, SAP Fieldglass and SAP Hybris Cloud for Customer. Support is offered via email and over a phone. Other help options include preferred care, support portal, self-help portal, guided resources, online chat and online case submission. Mobile applications are available for iOS, Android and Windows phones.... [Read more](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/) ### What users love - Powerful real-time data handling - Comprehensive cross-system connectivity - Robust financial process automation ### To take in mind - Complex and unintuitive interface - Steep learning and training demands - Occasional lag and slowdowns ### Best rated features: Dashboard 5.0 Enterprise Asset Management 5.0 Portfolio Management 5.0 Integrated Business Operations 5.0 ### Worst rated features: BOM Creation 2.3 Distribution Management 4.0 Cost Tracking 4.0 Collaboration Tools 4.0 [See all features](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/#key-features) ### Plan Custom Pricing available upon request Pricing not available [See full pricing details](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/#pricing-and-plans) ### Product: Sage X3 [Sage X3](https://www.softwareadvice.com/manufacturing/sage-x3-profile/) 4.32 [(130)](https://www.softwareadvice.com/manufacturing/sage-x3-profile/reviews/) Best for:Popular ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 digital transformation. Sage X3 comes with industry-leading functionality for the chemical, distribution, equipment, food and beverage, and industrial manufacturing industries. Sage X3 uses the latest technologies to provide an exceptional user experience and powerful analytics in a multi-company, multi-country, and multi-site ERP solution platform. Over 7,000 enterprises around the world use Sage X3 to economically and efficiently connect their people, customer data, supplier data, business processes, and devices in ways specific to their roles and tasks. Sage X3 can help organizations quickly move into the digital age, respond faster to change, reduce excess inventory, and cut costs. Sage X3 is web-based, browser agnostic, and responsive on mobile devices. At the same time, it is also available to be deployed on-premises and as a service in the AWS cloud managed by Sage or a partner-provisioned cloud. Implementation accelerators also allow for a lower total cost of ownership and shorter time to value.... [Read more](https://www.softwareadvice.com/manufacturing/sage-x3-profile/) ### Best rated features: Sales Order Management 5.0 Revenue Recognition 5.0 Cash Management 5.0 Profit/Loss Statement 5.0 ### Worst rated features: Performance Metrics 1.0 Real-Time Reporting 1.0 Compliance Management 1.0 Data Visualization 1.0 [See all features](https://www.softwareadvice.com/manufacturing/sage-x3-profile/#key-features) ### Product: Sage Accounting [Sage Accounting](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/) 4.10 [(641)](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Sage Accounting is a cloud-based accounting and invoice management solution for small to midsize businesses. It offers accounting, project accounting, expense management and compliance management within a suite. Sage Accounting manages all the documentation and processes required for business payments such as price quotes, estimates, statements and invoices. The solution offers integration with banks across the US, allowing users to import all payment transactions automatically. All information is available on a single dashboard, which allows users to stay up to date on their cash flow and pending payments. Sage Accounting also features tax management, which calculates applicable taxes using transaction data. The product also offers cash flow forecasting, which allows users to estimate the cash requirements in the future based on historical transactions. The product also includes payment services, which allow users to make payments directly using Sage accounts. Users can also make payments using their PayPal accounts.... [Read more](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/) ### What users love - Streamlined daily financial management - User-friendly and intuitive design - Tailored for small businesses ### To take in mind - Inconsistent and hard-to-reach support - Limited and inflexible invoicing tools - Reporting lacks customization options ### Best rated features: Time Tracking 5.0 For Accountants 5.0 Electronic Funds Transfer 5.0 Customer Statements 5.0 [See all features](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/#key-features) ### Accounting Start $20.00/month The Sage Accounting Start plan comes with an 30-day free trial and is ideal for micro-businesses. ### Accounting Standard $40.00/month ### Accounting Plus $50.00/month [See full pricing details](https://www.softwareadvice.com/accounting/sage-business-cloud-accounting-profile/#pricing-and-plans) ### Product: Focus X [Focus X](https://www.softwareadvice.com/product/3600-focus/) 3.81 [(119)](https://www.softwareadvice.com/product/3600-focus/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 relationship management to inventory and human resources, it records and stores all your core business data on a centralized database. The application is more focused on the data, information and agility of the process, as well as being able to respond to a fast-moving and volatile business environment. As an AI-enabled ERP software, Focus X is endowed with advanced capabilities that have the potential to improve control over disrupted and broken financial processes, simplify finding the right vendors, make forecasting effortless, and enhance other business processes to achieve greater growth and development.... [Read more](https://www.softwareadvice.com/product/3600-focus/) ### What users love - Flexible and detailed reporting tools - Highly adaptable customization options ### To take in mind - Slow and unreliable support response ### Best rated features: Online Payments 5.0 Cash Management 5.0 Project Accounting 5.0 Scheduling 5.0 ### Worst rated features: Purchasing & Receiving 1.0 [See all features](https://www.softwareadvice.com/product/3600-focus/#key-features) ### Product: BQE CORE Suite [BQE CORE Suite](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/) 4.50 [(787)](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/reviews/) Best for:Customer support ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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 administrative tasks, helping manage projects, resources, and finances. BQE CORE offers project management tools that provide visibility into project progress and financial performance. It includes accounting and invoicing capabilities, time and expense tracking, resource planning, and staffing optimization tools. Additionally, BQE CORE also features CRM functionality, reporting and analytics with real-time data insights, and billing automation with ePayments. It facilitates seamless data flow between functions, reducing double data entry and administrative overhead.... [Read more](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/) ### What users love - Responsive and knowledgeable support team - Intuitive and user-friendly 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 ### Best rated features: Client Management 5.0 Budgeting/Forecasting 5.0 Percent-Complete Tracking 5.0 Real-Time Data 5.0 ### Worst rated features: Gantt/Timeline View 1.0 Cost Estimating 2.0 Forecasting 2.0 [See all features](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/#key-features) ### Foundations Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/accounting/bqe-core-accounting-profile/#pricing-and-plans) ### Product: Dynamics 365 Business Central [Dynamics 365 Business Central](https://www.softwareadvice.com/accounting/dynamics-365-business-central-profile/) 4.08 [(206)](https://www.softwareadvice.com/accounting/dynamics-365-business-central-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Microsoft Dynamics 365 Business Central is a cloud-based enterprise resource planning (ERP) software solution designed for midsize organizations to streamline business operations and accelerate cash flow. This SaaS solution offers specialized functionality for business processes relating to manufacturing, distribution, government, retail, and other industries. Microsoft Dynamics 365 Business Central offers applications for financial management, inventory management, human resource, quality management, multiple and international sites, project management, sales and marketing, service management, supply chain management and business intelligence. This ERP solution provides full customization and allows users to effectively manage any sales order, implement automated workflows, keep track of all inventory, and view in-depth data analytics. Microsoft Dynamics 365 Business Central deploys on the WindowsOS and Microsoft SQL Server and is developed on the .NET framework, this offers customers a tightly integrated stack from infrastructure to application.... [Read more](https://www.softwareadvice.com/accounting/dynamics-365-business-central-profile/) ### Best rated features: BOM Creation 5.0 Employee Management 5.0 Multi-Currency 5.0 Invoice Management 5.0 [See all features](https://www.softwareadvice.com/accounting/dynamics-365-business-central-profile/#key-features) ### Product: Blackbaud Financial Edge NXT [Blackbaud Financial Edge NXT](https://www.softwareadvice.com/nonprofit/blackbaud-profile/) 4.21 [(164)](https://www.softwareadvice.com/nonprofit/blackbaud-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary 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 fund accounting software provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. With a personalized dashboard and customizable views, Blackbaud Financial Edge NXT enables users to closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Blackbaud Financial Edge NXT offers real-time reporting, with one-click drill-down functionality and export capability, to enable data-driven decisions in real time. The system allows users access to grant and project accounting that allows for streamlined management of budget, as well as a way to effectively monitor accounts and generate reports. By using Blackbaud Financial Edge NXT, tax-exempt organizations can reduce dependency on manual processes, improving data entry accuracy and efficiency. Blackbaud Financial Edge NXT is backed by a company with four decades of experience in the social good space, serving nonprofits, foundations, corporations, and healthcare and education institutions.... [Read more](https://www.softwareadvice.com/nonprofit/blackbaud-profile/) ### Best rated features: Financial Analysis 5.0 Project Accounting 5.0 Cash Management 5.0 Activity Dashboard 5.0 ### Worst rated features: Donation Tracking 4.0 Financial Management 4.0 [See all features](https://www.softwareadvice.com/nonprofit/blackbaud-profile/#key-features) ### Product: Deltek Vantagepoint [Deltek Vantagepoint](https://www.softwareadvice.com/reporting-tools/deltek-vantagepoint-profile/) 3.59 [(17)](https://www.softwareadvice.com/reporting-tools/deltek-vantagepoint-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Deltek Vantagepoint is a solution that helps your people manage your projects from start to finish. Vantagepoint is built specifically for professional services firms to improve productivity, boost collaboration, and increase profitability. The platform allows you to control all project information in one place from pursuit to proposal, through project planning and financial management. Key features include financial reporting, billing, key performance indicators (KPIs), project planning, customer relationship management (CRM), resource management, progress tracking and more.... [Read more](https://www.softwareadvice.com/reporting-tools/deltek-vantagepoint-profile/) ### Best rated features: Task Management 4.7 Online Time Tracking 4.5 Time & Expense Tracking 4.5 Project Management 4.3 ### Worst rated features: Email Templates 1.0 Marketing Automation 1.0 Invoice History 4.0 Reporting/Project Tracking 4.0 [See all features](https://www.softwareadvice.com/reporting-tools/deltek-vantagepoint-profile/#key-features) ### Product: RealPage [RealPage](https://www.softwareadvice.com/accounting/realpage-accounting-profile/) 3.98 [(130)](https://www.softwareadvice.com/accounting/realpage-accounting-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary RealPage is a cloud-based property management solution suitable for businesses of any size. Key features include accounting, budgeting, facilities maintenance, purchasing, document management and reporting. RealPage enables users to organize and store electronic records and other digital compliance documents as well as automate service requests and manage asset conditions. The solution includes customizable features, reminders, functions, forms and standard reports. RealPage also offers a resident portal that features automatic notifications, lease renewal and maintenance tickets. The solution also includes budgeting and accounting functionality that includes customization, creation and modification of reports as well as electronic signature, payment approvals, automatic bank reconciliations, central disbursements and allocation tables.... [Read more](https://www.softwareadvice.com/accounting/realpage-accounting-profile/) ### Best rated features: Website Management 5.0 Reporting/Analytics 5.0 Data Import/Export 5.0 Recurring/Subscription Billing 5.0 [See all features](https://www.softwareadvice.com/accounting/realpage-accounting-profile/#key-features) ### Product: Zoho Invoice [Zoho Invoice](https://www.softwareadvice.com/accounting/zoho-invoice-profile/) 4.73 [(823)](https://www.softwareadvice.com/accounting/zoho-invoice-profile/reviews/) Best for:Billing & Invoicing ### Pricing availability Free trial: Available Free version: Available Software Advice Summary 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 project billing, time tracking, reporting, customizable templates and, a client portaI. Teams using Zoho Invoice can track estimates, convert them to invoices, and send reminders to clients to complete their outstanding payments. Additionally, users can create tasks, collect advance payments for projects, and keep track of their invoice history. It is available in multiple languages including Arabic, Bahasa Indonesia, Bulgarian, Croatian, Dutch, English, French, German, Italian, Japanese, Korean, Chinese (Simplified), Portuguese, Spanish, Swedish, Thai, and Vietnamese. It allows integration with various third-party applications such as Slack, Office 365, Google Workspace, and more. Zoho Invoice caters to the needs of every size of business, especially small businesses. It provides an efficient invoicing solution for generating and sending professional invoices within a matter of minutes.... [Read more](https://www.softwareadvice.com/accounting/zoho-invoice-profile/) ### What users love - Flexible invoicing and customization options - User-friendly and intuitive interface - Free and affordable invoicing solution ### To take in mind - Complex navigation and configuration - Limited and outdated email features ### Best rated features: Project Billing 5.0 Data Security 5.0 Customizable Branding 5.0 Reporting & Statistics 5.0 ### Worst rated features: Recurring Invoicing 4.0 Client Portal 4.0 Timesheet Management 4.0 [See all features](https://www.softwareadvice.com/accounting/zoho-invoice-profile/#key-features) ### Basic $0.00 Up to 2 users [See full pricing details](https://www.softwareadvice.com/accounting/zoho-invoice-profile/#pricing-and-plans) ### Product: TimeSolv Legal Billing [TimeSolv Legal Billing](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/) 4.71 [(647)](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/reviews/) Best for:Value for money ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary 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 business operations. TimeSolv integrates project management features such as time tracking and assigning tasks with billing functionality, allowing users to track billable hours and budget in real time. It also provides case management features and document management tools to help organize and store data. Users can utilize a document automation feature for auto-filling standard formatted documents. It offers a suite of billing functions, including invoicing, batch billing and integration with LawPay, allowing users to pay their bill online. Users can upload images of receipts to invoice files. TimeSolv also provides reports so law managers or practitioners can track their billable hours over weeks or months. TimeSolv offers two-way integration with QuickBooks, as well as integrations with Xero Accounting, Dropbox and NetDocuments. It offers Android and iOS apps for remote usage. Services are offered on a monthly subscription basis that includes support via phone and email.... [Read more](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/) ### What users love - Intuitive and user-friendly interface - Responsive and hands-on support team - Flexible and efficient billing workflows ### To take in mind - Invoice customization and usability issues ### Best rated features: Document Capture 5.0 Third-Party Integrations 5.0 Fee Calculation & Posting 5.0 Archiving & Retention 5.0 ### Worst rated features: Reporting/Analytics 3.0 Collaboration Tools 3.0 Activity Dashboard 3.3 [See all features](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/#key-features) ### TimeSolv Legal (1-4 Users) $47.50/month The plan can be billed on a monthly or annual subscription. Volume discounts apply. ### TimeSolv Legal (5-14 Users) $45.12/month The plan is billed on a monthly subscription. ### TimeSolv Legal (15+ Users) $42.74/month The plan is billed on a monthly subscription. [See full pricing details](https://www.softwareadvice.com/product/423485-TimeSolv-Legal-Billing/#pricing-and-plans) ### Product: Agiled [Agiled](https://www.softwareadvice.com/project-management/agiled-profile/) 4.73 [(350)](https://www.softwareadvice.com/project-management/agiled-profile/reviews/) Best for:Invoice Creation ### Pricing availability Free trial: Available Free version: Available Software Advice Summary 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 business in one place and provide a client portal access to their customers. Agiled can be customized according to the business needs. Users can manage projects and invite their team to update tasks and progress. Support is extended via live chat, email, documentation, FAQs and an inquiry form.... [Read more](https://www.softwareadvice.com/project-management/agiled-profile/) ### Best rated features: Multiple Billing Rates 5.0 Issue Management 5.0 Completion Tracking 4.8 Employee Database 4.8 ### Worst rated features: Reminders 3.0 Customizable Templates 3.8 Team Collaboration 4.0 Automatic Time Capture 4.0 [See all features](https://www.softwareadvice.com/project-management/agiled-profile/#key-features) ### Basic $0.00 ### Pro $30.00/month $25/month when billed annually. ### Premium $59.00/month $49/month when billed annually. [See full pricing details](https://www.softwareadvice.com/project-management/agiled-profile/#pricing-and-plans) 1 [2](https://www.softwareadvice.com/accounting/general-ledger-comparison/?page=2)[3](https://www.softwareadvice.com/accounting/general-ledger-comparison/?page=3)[4](https://www.softwareadvice.com/accounting/general-ledger-comparison/?page=4)[5](https://www.softwareadvice.com/accounting/general-ledger-comparison/?page=5)[6](https://www.softwareadvice.com/accounting/general-ledger-comparison/?page=6)[7](https://www.softwareadvice.com/accounting/general-ledger-comparison/?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/)[ Sage Intacct vs QuickBooks Desktop ](https://www.softwareadvice.com/accounting/intacct-accounting-profile/vs/quickbooks-pro/)[ Zoho Invoice vs Wave ](https://www.softwareadvice.com/compare/18767-Wave-Apps/vs/435103-zoho-invoice/)[ Sage 50 Accounting vs Odoo ](https://www.softwareadvice.com/crm/odoo-profile/vs/sage-50cloud/)[ 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: **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/)