LedgerSMB is open-source accounting software that can be used for small businesses. It is an excellent choice for an affordable and customizable solution.
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 1.10.16
Released on April 24, 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, which can be expensive and difficult to integrate with other programs and systems in use by business owners.
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 Jurnal 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
What kind of industries does it support?
It supports industries like
- Communication industries
- Factoring
- IT Services
- Financial Services
- Rental
- Retail
- Trade
Alternatives
- ERPNext
- Odoo ERP
- Adempiere
- iDempiere
- VIENNA Advantage
- Akaunting
- Insightly
- Compiere
Comparison of Ledgersmb and ERPNext
| Ledger SMB | ERPNext | |
| Categories | ERP, Accounting, CRM | ERP, Accounting, Inventory management |
| Deployment | On-premise | On-premise, Cloud |
| Intended users | Small, Medium | Small, Medium, Large |
| Programming languages | Perl, Pl/pgSQL, Javascript | Python, Javascript |
| License | GOLv2 | GNU, GPLv3 |
| Supported devices | Windows | Windows, Mac, Android, iOS |
Conclusion
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. Hoping 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.
