The LedgerSMB project provides small and mid-size businesses with solid open source accounting software: integrating invoicing, order processing, quotations and more (ERP). LedgerSMB aims to provide a strong (multi-currency accounting) basis to build your business on -- without vendor lock-in. The project team considers correctness and performance equally important key usability features and is dedicated to providing both, even on the biggest data sets.
Freatures:
LedgerSMB is an open source ERP program which offers businesses the ability to manage their operations, track invoices and their payments, inventory, and more in an integrated way - from a single application. Benefits of using LedgerSMB include:
- Short ramp-up times due to a simple, powerful user interface
- Easy integration with other business applications via open architecture
- Customizability supporting your competitive advantage:
Build the software around your business, not the other way around - Open community of consultants and service providers
Core functionality
- General Ledger and Journal Entry
Manage your accounts, transfer money between them, and get a picture of the general financial health of your business, through double-entry accounting. - Sales
Track customers, quotations, sales orders, and invoices. - Purchasing
Track vendors, purchase orders, and invoices. - Multiple currencies
Enter your transaction, invoices and payments in different currencies using different conversion rates. - Contact Management
Track customer/vendor orders and relationships to your business. - Cash Management
Handle cash in and cash out. Write checks, track receipts, and reconcile with bank statements. - Time tracking
Track time and generate invoices from billable hours. - Fixed Assets
Track and manage fixed assets, their depreciation and disposal. - Inventory Management and Light Manufacturing
Track goods and services, and assemblies of these. - Reporting
- Budgeting
Track budgets by project and/or department, and run variance reports.