Responsive Software

LedgerLite

5 / 5 35 reviews

Who Uses This Software?

Small and medium sized businesses, clubs, trusts, associations, solicitors, nonprofits, accountants, bookkeepers, students.


Average Ratings

35 Reviews
  • 5 / 5
    Overall
  • 5 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $50.00/one-time
  • Free Trial
    Yes
  • Deployment
    Installed - Windows
  • Training
    Documentation
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • Responsive Software
  • www.responsive.co.nz/
  • Founded 1998
  • New Zealand

About LedgerLite

LedgerLite is an award-winning shareware accounting system for any organization that needs a general ledger or cashbook. Because it's incredibly easy to download and use, it's ideal for students of double-entry bookkeeping. If you're familiar with double-entry bookkeeping you'll find LedgerLite is the perfect tool to maintain the books of a business, club or trust, or your personal finances, especially if reliability and privacy are important to you.


LedgerLite Features

  • Accounts Payable
  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • Cash Management
  • Collections
  • Consolidation / Roll-Up
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • Fund Accounting
  • General Ledger
  • Government
  • Multi-Currency
  • Payroll Management
  • Project Accounting
  • Purchasing
  • Revenue Recognition
  • Spend Management
  • Tax Management
  • Trust Accounting

LedgerLite Reviews Recently Reviewed!


I have used LedgerLite for 3 years or so for the accounts for a Local Community Group. It's perfect

Feb 17, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It does exactly what it says on the tin. Simple to use and great responsive customer service if you hit any problems. I would recommend it highly

Cons: Just a little clumsy in getting new accounts into categories for the income statement or balance sheet. I keep forgetting how to do this.

Vendor Response

by Responsive Software on February 19, 2018

If you go to our website you'll find links to YouTube videos illustrating the use of LedgerLite. One of these videos deals specifically with how to arrange the Income Statement and Balance Sheet.

Easy to use accounting software for the non-accountant user.

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: It's simplicity, user friendly and cost effective. Good video tuition and email support from the customer rep.

Cons: 1. Not a biggie - but could be able to upload company profile image to startup screen.
2. Be able to change headings eg - Income Statement to "Profit and Loss Account"
3. A better quality image upload of invoices to the Cash Book. Should be able to upload a pdf doc as preferred image commonly used for archiving.

Vendor Response

by Responsive Software on February 20, 2018

Thank you Jane for your feedback and suggestions. We will definitely keep these in mind when we are working on future upgrades to LedgerLite.

Quick and easy download and entries.

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Straightforward accounting, ideal for community groups like mine. Uncluttered by A/P and A/R or payroll which are not always needed. Bank statement is always balanced. Next treasurer need not be experienced bookkeeper to use this.

Cons: I'd like to be able to change the font size on some reports for a better fit on the page. I'd like a monthly GL report listing that month's transactions for each account in order.

Overall: It has saved time.

Vendor Response

by Responsive Software on February 19, 2018

It sounds like the report you want is Ledger Listing By Account on the Reports menu. This report will list all transactions in account order for the currently selected viewing period. To select the period go to the File menu and select Configure. On the Workstation tab put a check in both Begin Viewing Period and End Viewing Period and set the dates to the start and end of the month. Then click on Ok.

I received immediate help when setting up this product which was great and continued if needed

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The cost is certainly a big factor plus the fact it is paid up for your use of the software so no costly updates are involved.

Overall: The ongoing help as I am unfamiliar with any type of bookkeeping software and received help with the set up and ongoing as new questions arose do to my lack of experience.

I have been using LedgerLite in a small enterprise for the last three years.

Feb 16, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: It is so simple that learning the program is very easy. When I had a doubt, I wrote to the program´s creator and without dely he answered me. The program is so well created that it is almost impossible to make an error. Also, it´s price will not deplete your bank account.

Cons: Sincerely, I cannot find an aspect that I don´t like. LedgerLite works well with a PC computer. I would like to see a version of it for an Apple iPad.

Vendor Response

by Responsive Software on February 19, 2018

You can run LedgerLite on an iPad if you have Windows emulator software. Because LedgerLite works with any version of Windows it also works with most Windows emulators for both the Mac or Linux. A number of users are running LedgerLite successfully using WINE or Winebottler.

I have been using Ledgerlite for a couple of years and it is very easy to use.

Feb 16, 2018
4/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: The ability to make entries and corrections. There is always a check to make sure the transactions are in balance.

Cons: It may have some limitations if the user has extensive inventories or accounts receivables, but that has not been a problem for me.

Product is very good for recording personal financials (Balance sheet and Income & Expenditure)

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Ability to roll-over into next period,ability to print/review or transactions in detail and to carry
the ledger on a small USB card. I recently applied for a Bank loan and although I had a printed set of accounts with me, I could have provided the card to the Bank and had the Bank printout any data required.Very ease to use as rated above.
At present I load data yearly,but am trying to update more regularly. There are many transactions recorded including Amex and Visa transactions and all Bank accounts

Overall: The ability to record my various sources of Income and review my assets and liabilities.I can review my expenditure each year and use the data to prepare my Income Tax return.There is also a record of asset purchases which can be utilised for warranty and replacement information.

Simple and Flexible.

Feb 15, 2018
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: As a not for profit organisation, having an inexpensive accounting package that is flexible and easy to use is a great solution for us as a small business. The user interface is simple. The program and data take up little space and is portable between devices.

Cons: The trial balance does not display or print in chart of account number order, but only a few are out of place.

Vendor Response

by Responsive Software on February 19, 2018

The Trial Balance displays the accounts in order of the five basic account types - E, I, A, L, P. Within each type grouping they are displayed in account number order.

LedgerLite is the most intuitive and simple-to-use small business accounting system I have found.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: LedgerLite is perfect for someone with basic double-entry knowledge. It is unfussy but comprehensive enough for a sole trader - without providing unnecessary features that complicate the operation of the program.

Cons: The online written support and instruction material is sometimes not all that clear, but the software is so intuitive for those with some book-keeping knowledge that one can usually answer one's own questions by trial and error. Also the speed and helpfulness of the LedgerLite support team means comprehensive assistance via email is always available.

Good so far.

Feb 15, 2018
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: Easy to use and easy to set up. The customer care is great and prompt. Prize is good. Cash books and asset register modules are helpful.

Cons: The report capability needs improvement. Clumsy sometimes when setting up the Profit/Loss and Balance sheet reports. The account codes do not have flexibility for sub codes. I am not able to use it for multiple clients.

Overall: Good enough for my needs.

Vendor Response

by Responsive Software on February 19, 2018

Instead of subaccounts LedgerLite uses Groups on the report layouts to combine accounts into a single item. You can create an account for each of your clients and also create a Group called Clients on the report screen. Then drag and drop the individual client accounts into the Group. They will then appear as a single item named Clients on the report.

I have had no problems in using LedgerLite for the last 3 years.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I like the simplicity of the application. It is particularly good for people like me who are independent consultants who do not need the bells and whistles of other software that are so expensive to buy and maintain.

Cons: The system cannot be used on multiple devices. For example I would like to use it on desktop as well as my laptop which I carry with me to work.

Overall: The software allows me to do my final account for my corporation.

Vendor Response

by Responsive Software on February 20, 2018

There are two different ways you can use the system on multiple devices. (1) Put the LedgerLite program and database on a USB stick and run it directly from the stick on any Windows computer, or (2) set up LedgerLite to run in a client/server configuration over a LAN or the Internet. In your situation (1) is probably the best option if you are the only user.

Outstanding SIMPLE bookkeeping tool!

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: SIMPLE! If you just need simple double entry bookkeeping and a few reports then why bother with QuickBooks? (QB is nice but for me was overkill.) I just made a couple copies of the initial data file and then started with my double entry. No problems. Then at the end of each month I run the Income Statement and Balance Sheet to see how I'm doing. I really could not be easier.

Cons: You do need to have a basic understanding of double entry bookkeeping so it's not completely dummy proof.

Overall: Simple, cheap, easy bookkeeping. It does all that I need to run my little business.

This is a great acctg program

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It is simple and easy to use and it does not cost an arm and a leg ... reports are easy to read and make sense ... I like 3 digit account numbers

Cons: Retained earnings could be a little easier but if I asked The support staff I am sure he would help me and getting all Liabilities on page two would be great also

Overall: We do our accounting every month with this program and we love it and my CPA likes it also

Vendor Response

by Responsive Software on February 20, 2018

Retained Earnings are calculated automatically and shown on the Balance Sheet. I don't know how it could possibly be any easier than this!

I am delighted with LedgerLite. I recommend it to others and use it myself for three companies.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: LedgerLite is as simple to use as anything you could imagine. This is possible, probably, because it is a General Ledger only. It does not have Payroll, Inventory or other modules with which it has to integrate. But for me, since I don't need those things, it is perfect. The one-time price is perfect, too. Tech support, if you ever need it, is also very available. As long as I need General Ledger only, I can't imagine using any other accounting software.

Overall: After using other software, I found LedgerLite to have almost no learning curve to get up and running. It never breaks down (no bugs). It is nice to be able to talk with the software engineer who created the program. Daily data entry is done with ease and as few keystrokes as possible. The reports can be designed for whatever period I want to see or share.

Easy to understand, flexible and easy to use

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It is simple and easy to use and easy to understand compared to other similar software, does not require deep knowledge of accounting, cloudservices to store the data, affordable! All reports are in csv. form and can be modified afterwards to our needs.

Cons: Reporting, should be more flexible to modify and to use, to suit everyone, Would like to see also comparison between years, accounting periods should be possible to end like in other sofwares. Each year should be separately handled.

Overall: dont need to hire an accountant and can be more up to date with expenses.

Vendor Response

by Responsive Software on February 20, 2018

Comparative Income Statements and Balance Sheets can be switched on from the Workstation Configuration screen. Go to the File menu and select Configure. On the Workstation tab put a check next to Comparative Reports. Then click on OK. You can also select whether you want to show Previous Period or Budget amounts on the comparative Income Statement.

We've been enthusiastic users of LedgerLite and its predecessor for 10 years in our business.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: -ease of company and account setup
-ease of report generation
-ease of data backup security
-entry control for double-entry bookkeeping
-ease of maintenance of consistent entry form

Cons: -switching to an account presents all of the entries to date with the cursor at the earliest rather than latest
-scrolling through an account cannot be done by the mouse scroll wheel

Overall: Company books

Vendor Response

by Responsive Software on February 19, 2018

In LedgerLite there is an option on the Workstation Configuration screen to show the most recent entries at the top of the list. Go to the File menu and select Configure. On the Workstation tab put a check next to Show Recent Entries First and click on OK. You can scroll through an account with the mouse wheel if you first click on the account grid to bring it into focus.

I'm in my third year with Ledgerlite and it is just the ticket for my home and business needs.

Feb 15, 2018
5/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The most outstanding feature of this program is the security afforded by having the program and my data in hand at all times and readily available in the event of computer changes.

Cons: Once in the while it would be nice if the type ahead feature that is available in some programs were available in this one.

Overall: A double entry system that works!

Capterra-loader

Have used 11 years in small business; I have little accounting experience but it has worked for me

Feb 15, 2018
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: customer service agent has been accessible and pro-active from the start. My accountant gets clear and usable reports.

Cons: Switching to US terminology and re-entering accounts. Also need to fit display to computer screen. Inconvenient & time-consuming.

Vendor Response

by Responsive Software on February 18, 2018

The display can be resized in the vertical direction by holding the mouse cursor over the bottom edge until it changes to a double-headed arrow and then clicking and dragging. In LedgerLite the data entry and editing process involves a number of definite steps designed to maintain the accuracy of the data. This can seem a bit slower until you get used to it especially if you are used to editing documents and spreadsheets.

Worlds easiest and simpliest software.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
Likely
Extremely
Likely

Pros: Chart of Account is very easy to design. Also cash book and pass book import export. User friendly and easy to create user and assigning rights to them according to requirement.

Cons: Look and unlock books very easy. I mean one can easily unlock books easily. Secondly there should be some inventory module also.

Very easy to use if you want a basic general ledger without the need for AR, AP or stock ledgers.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It provides a standard general ledger which is a piece of cake to operate. I had no need to purchase all the extra stuff that Quickbooks, MYOB or Xero offer. I run a cashbook; GL reconciliations for loans and stock in Excel. Also in Excel I have a list of general journals. From these files I enter my data into LedgerLite. Easy. No need to go through multiple database forms to create a simple P&L and BS.

Cons: Perhaps the lack of upgrades. I think the designers could gradually add more functionality. I also have multi-currency bank accounts and manage multi-currency in Excel, as there is no feature in LedgerLite for this.

Overall: A basic general ledger to prepare monthly accounts for a small business, without the need for a AR, AP or stock ledger.

Vendor Response

by Responsive Software on February 17, 2018

If you are working in different currencies our suggestion is to treat each currency as a separate accounting entity. Of course this won't work if you need to produce consolidated accounts in a specific currency and do conversions on the fly at current exchange rates. Unfortunately the complexity of this is beyond the scope of LedgerLite.

Great software for the novice and small business

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Easy to use. The functionality is exactly what I need as a small business user. Being a non -accountant this software bridges the gap for me to produce accounts that are necessary to run my business without having to go to a professional accountant every month. Very good value for money.

Cons: Graphical information is limited or at least the software I have, which is the paid basic package. Possibly the more expensive package has more functionality. As I use Excel for my major graphs it isn't worth it o me to purchase the higher priced software as the basic package works very well for me at this time.

Overall: I'm not a professional accountant and this software has enabled me to produce accounts for my small business without going to the expense of hiring an accountant.

Easy to use.

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Not expensive, with trial time, jenkins responds to questions, fits to what we need, easy to instruct co workers on how to use.

Cons: Should have a time frame on what/when to print.

Easy to learn. I am not an accountant but able to use the product successfully for our sml business

Feb 15, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: ease of use, screens to capture data were very clear. Cost was very affordable. Flexibility for creating accounts.

Cons: Reports were a bit confusing but managed to create Excel files and manipulate to our liking. Learning curve required at year end.

Overall: balancing of accounts made easy.

Vendor Response

by Responsive Software on February 18, 2018

Actually LedgerLite has no built in concept of financial years or periods. The ledger is designed to handle data on a real-time continuous basis and reports can be produced for any arbitrary date or period. Although a year-end roll-over is unnecessary in LedgerLite it doesn't prevent you from doing one. It provides a function to zero all Income and Expense accounts as at a specified date. It also allows you to "close the books" and prevent entries or edits prior to a specified date (the Close Books Date.)

I am very happy with LedgerLite. It was inexpensive and does pretty well everything I need it to.

Feb 15, 2018
4/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: It is simple and straightforward to use, The Customer Service is amazing. Anytime I have had a question, they have gotten back to me within a few hours.

Cons: It is possible to delete an entry accidently, and there is no way to retrieve it from within the system.

Vendor Response

by Responsive Software on February 18, 2018

It's true LedgerLite doesn't have an UNDELETE function in case you delete an entry accidentally. That's the reason we made DELETE a three step process and included a prompt asking "Are you sure you wish to delete this entry?" (Perhaps we should have made it a four or five step process!) If it's any use LedgerLite also lets you switch to what it calls TRUST MODE which prevents any deletions whatsoever. This mode is designed to comply with the requirements of solicitor's trust accounting. In this mode if you make an error you can only correct it by making another entry. In TRUST MODE the database becomes an immutable record of every transation entered.

It's been great experience already, and surely it will continue

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Easy to use, meets customization requirement specific to our company bookkeeping requirements. It saves a lot of hassle that other accounting systems we tried in past had in common. Truly bookkeeping made easy. Masterpiece!

Cons: well not really. It gets better every time with the software updates. Would have been out of the world if there was auto backup facility!

Overall: it made accounting so accurate and meaniful for us.

Vendor Response

by Responsive Software on February 18, 2018

LedgerLite keeps all its data in a single LLD database file. To backup all you need do is make a copy of this file to a USB stick or external hard drive. It's a good idea to copy both the LLD file and the program LedgerLite.EXE file. All you need to run LedgerLite on any Windows computer is these two files. We don't provide an automatic backup facility because it is a specialised area beyond our expertise. We suggest a dedicated backup program to ensure all your important data is kept secure in case of loss or failure. We also suggest you regularly check to ensure you can restore data from your backups if necessary. It is an excellent idea to create multiple copies of important data and store these in various locations. It's a risk to rely on a single backup copy. (LedgerLite allows you to password-protect your data.) THE LEDERLITE PHILOSOPHY - THE SECURITY OF YOUR DATA IS YOUR RESPONSIBILITY - LEDGERLITE MAKES IT POSSIBLE - WITH GREAT POWER COMES GREAT RESPONSIBILITY.

Efficient with no bloated software. Inexpensive

Feb 15, 2018
5/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: I like how simple it is to use. Data entry dream software. No lag waiting for the entries you make to load. Best bang for the buck by far.

Cons: I guess the lack of flashy reports. But really that's no big deal. Reports are customizable so that's great and the fact the user interface and reports are not flashy makes the software FAST with quick data entry.

Very quick and simple set up process. When I have needed help it has been quick and professional.

Feb 15, 2018
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
Likely
Extremely
Likely

Pros: Low cost for small business like ourselves. Provides independence and can be passed on to other financial accounts advisors

Cons: I think it needs more updates and compatibility with other software programs in saying this I don't know exactly how that would work.

Vendor Response

by Responsive Software on February 17, 2018

All the reports in LedgerLite can be exported in CSV format which is compatible with many other programs including Excel.

Great Experience

Feb 15, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I really like the interface and simplicity of the software. VERY straightforward and no superfluous noise getting in the way. Awesome

Overall: Easily captures my Transactions, JE's and generates all the reports I need.

Overall, the software is great!

Feb 12, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Easy to use, has all the features/functionality, worth buying, full customer support any time needed.

Overall: I can manage/prepare my accounts on my own. Be able to submit my financial reports to Tax as required and to other interested parties.

Fantastic customer service, available to help with questions & issues. Aptly named Responsive.

Feb 06, 2018
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Affordable, one time fee, not tied to monthly fees or exhorbitant costs, is a true double entry bookkeeping system, does not require you to be on the internet to use it (other than to download it or to get help), files are stored in your own computer or storage device. Can be used from year to year without paying additional costs. Can be tailored to fit your individual business needs. A great software package. I am very happy to have found this. I had just about given up finding a simple double entry bookkeeping software to the point that I set up my own books on spread sheets because I absolutely refuse to become a slave to companies charging monthly fees and that requires internet use. My own spread sheet system was so time consuming - but LedgerLite has freed me up from labor intensive bookkeeping and I'm happy, happy! Just set up your named accounts and make your entries, then generate reports, i.e. income statement, trial balance, etc. The best thing is the customer support! THANK YOU LedgerLite for developing this program and being readily available to answer questions.

Cons: The options for entries (NEW, EDIT, SAVE) are located at the bottom of the page which are not readily visible on my computer requiring me to scroll down for each entry to complete the transaction. It would be more convenient if the options were located at top of page eliminating the need to scroll down the page to complete the entry. Nonetheless, this is a great accounting program that I have been searching for for several years.

Overall: cost savings, frees up my time on bookkeeping and reporting, customer service is excellent

Vendor Response

by Responsive Software on February 17, 2018

The screen can be resized by holding the mouse cursor over the bottom edge until it changes to a double-headed arrow. You can then click and drag to resize the screen in the vertical direction.

Easy to use and it is flexible for our needs.

Jan 29, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money

Pros: The ability to create the financial statements and create the account order that one wants displayed. Also support help is answered in a timely fashion with the ability of logging in to our computer if needed.

Cons: The limitation on entering the journal entries faster which are time consuming because of the way the program inputs the data.

Vendor Response

by Responsive Software on February 18, 2018

The data entry and editing in LedgerLite is designed as a multi-step process to improve the accuracy of the data being recorded. If it is too easy to enter or edit data it can lead to errors where data gets changed inadvertently.

I own a small lab in Kuwait, I couldn't bear the cost of an accountant. ledger lite was the solution

Jan 26, 2018
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: easy to use, customer support (TeamViewer, email, live chat, telephone), continuous development, design your income statement the way you like, calculate depreciation, cost of sales, balance sheet, trial balance, ledger website taught me the accounting theory. when I show it to accountants their first impression is that it's impossible to have all these features f only but when start using it, they will like it comparing to the complicated expensive systems they're using. multiuser feature, user can be administrator or viewer. hide zero Accounts, easy to create new accounts and their types.

Cons: should be able to export reports to Excel, pdf,.. not only CSV. not able to create the accounting tree according to the accountants
i.e. 001 Accounts receivables
0011 clinic x
0012 clinic y

002 Accounts payable
0021 supplier x
0022 supplier y
(maybe it can but I don't know how to do it)

Vendor Response

by Responsive Software on February 18, 2018

LedgerLite will allow you to export any report to CSV format. This is compatible with Excel. In LederLite you can print to any Windows printer driver including PDF drivers. The accounting tree can be created on the Balance Sheet or Income Statement by using a Group to put related accounts together as though they were a single account.

I use this software for the accounts of a company set up to manage the common parts of 21 properties

Jan 25, 2018
5/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: This software is gloriously simple to use. It is thankfully free from excessive complexity, and whilst I have only given three stars for functionality - I see this as a massive positive. It is exceptionally intuitive - but comes with very good, and easily readable documentation. Today I handed over my populated Ledger Lite system to a colleague with little experience of book-keeping, but she very quickly mastered everything - and could instantly see the benefits of having easily entered data, converted instantly into management information, which allows easy drill-down from that highly summarised information to the constituent data. It is simple to use and yet extremely powerful. The time saved through use of the user-friendly data input screens, is so productively and enjoyably re-focused on acting on the information produced.

The whole system - application and data is stored in two files. The system will run from a memory stick plugged into a computer if you wish, rather than from a computer's hard drive.

I love this system.

Easy to use. It a check book program, with a chart of accounts to identity the transactions.

Jan 25, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
Likelihood to Recommend: 5.0/10 Not
Likely
Extremely
Likely

Pros: Can run from a thumb drive (doesn't install in windows). If you can balance a checkbook you'll have no problem. Provides great information. After loading 1 year of history, I was able to tell in minutes, which events we had made money, how must and which lost money.

Cons: Wish I could customize reports better. However all output can be saves as CSV and I just need to perform the formatting.

Overall: Standardization. Information that was all most impossible to get from the previous process. Ease of passing the process on to the next Treasure of the club.

Easy to use and effective accounting software for our LLC. Great value and exceptional support.

Sep 21, 2017
5/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: I've spent a lot of time and money purchasing and implementing accounting software as a CFO and COO for past employers. After retirement, we needed an easy to use and inexpensive accounting program to handle a family LLC. We started just building spreadsheets rather than spend too much for a software package that we really didn't want. Then we came across LedgerLite. What a value! We've used the software for almost four years with no problems other than our own hardware issues. When those issues arose and we had to recover our data, questions to support at Responsive Software were answered promptly; like local service coming from half way around the world.

Cons: I'm having difficulty finding comments to list as a "Cons". For a larger organization there may be some limitations but for our LLC, this software works great.