LedgerSMB Review – Open Source Accounting Software

Last updated on by Editorial Staff
LedgerSMB banner image

Are you looking for an easy, secure, cost-effective way to run your business? If so, LedgerSMB might be the solution for you. 

LedgerSMB is an open-source accounting and ERP system designed to help businesses manage their financial operations from start to finish. 

This comprehensive solution provides a robust user interface, advanced reporting capabilities, scalable modules for custom business logic needs, and more all in one platform. 

This post will discuss this software’s features, alternatives, and how it can benefit your business. The post also discloses the difference between LedgerSMB and ERPNext.

The latest version of the software is 1.11.3

Released on October 2023.

What is LedgerSMB?

LedgerSMB is a software application that allows businesses to manage their finances, including tracking expenses and creating invoices.

It is open-source software, which means it is free to use and can be modified to fit the specific needs of each business. It is a fork of SQL-Ledger.

It was created to be more flexible and customizable than traditional ERP applications. It can be expensive and difficult to integrate with other programs and systems in use by business owners.

Webpage of Ledger SMB

LedgerSMB Pricing

The most significant advantage of it is that it is entirely free. It’s based on the GNU GENERAL PUBLIC LICENSE Version 2.

Other open-source software languages Perl, PostgreSQL, and Apache are also utilized.

LedgerSMB Features

It offers many features for businesses of all sizes. Some of the key features include,

  • Sales module
  • Receivables and payables
  • General Ledger and Journal Entry
  • Purchasing
  • Multiple Currencies
  • Contact management
  • Cash Management
  • Time Tracking
  • Inventory Management
  • Fixed asset accounting and depreciation
  • Profit and cost centers
  • Departments, projects
  • Output documents in PDF, CSV, HTML etc
Accounts of LedgerSMB
Request for Quotation  of LedgerSMB
Request for Quotation
Accounts of LedgerSMB
Payments of LedgerSMB

Here’s a table summarizing the information about different versions of LedgerSMB:

VersionInitial ReleaseKey Features and ImprovementsEnd-Of-Life for Community Support
1.11Oct 3, 2023Barcode scanner support, GL transaction printing, migration enhancements, and more.Oct 3, 2025
1.10Oct 8, 2022Customized workflows, document template export, flexibility for customization, and more.Oct 8, 2024
1.9Sep 24, 2021Faster menu loading, improved migrations from 1.2, logo upload in the database, and more.Sep 24, 2023
1.8Sep 04, 2020Faster menu loading, improved migrations from 1.2, logo upload in the database, and more.Sep 04, 2022
1.7Oct 04, 2019Enhanced foreign currency support, improved UI, and increased stability through testing and cleanup.Oct 04, 2022
1.6June 10, 2018Highly stable with 33 patch releases, smaller-sized patches indicating increased software quality.June 10, 2021
1.5Dec 23, 2016Highly stable with 30 patch releases, demonstrating improved stability of the initial release.Dec 23, 2019
1.4Sep 15, 2014Highly stable with 42 patch releases.Sep 15, 2017
1.3Oct 11, 2011Highly stable with 48 patch releases.Dec 23, 2015

What kind of industries does it support?

It supports industries like

  • Communication industries
  • Factoring
  • IT Services
  • Financial Services
  • Rental
  • Retail
  • Trade


Comparison of LedgerSMB and ERPNext

Ledger SMB ERPNext
CategoriesERP, Accounting, CRMERP, Accounting, Inventory management
DeploymentOn-premiseOn-premise, Cloud
Intended usersSmall, MediumSmall, Medium, Large
Programming languages Perl, Pl/pgSQL, Javascript Python, Javascript
LicenseGOLv2GNU, GPLv3
Supported devicesWindowsWindows, Mac, Android, iOS


How to upgrade or install ledgerSMB?

Upgrading to LedgerSMB 1.11:

Upgrade from versions 1.4.x – 1.10.x to 1.11 involves two key steps:

1. Upgrade the Software:
Download LedgerSMB 1.11 and follow the provided upgrade instructions.
This usually includes replacing existing files with the new version’s files.

2. Upgrade the Company Database:
Execute the necessary scripts or commands to upgrade the company database to match the new software version.
Repeat this step for each company database setup.


It is an excellent choice for businesses looking for an affordable and customizable financial management solution. The software offers many features, including invoicing, expense tracking, reporting, etc.

Additionally, the software is continually updated with new features, making it an excellent choice for businesses of all types. We hope you found this blog post helpful.

Github source code repository of the latest version available under the GNU General Public License (GPL): https://github.com/ledgersmb/LedgerSMB/tree/1.9

You can find more open-source ERP software similar to this.