SQL-Ledger is an accounting/ERP package which provides double entry free accounting software. The free money management software is able to store accounts in an SQL database which means you can display your data in any text or GUI browser so that you can track accounts easily.
The free accounting tool provides accounting solutions for the enterprises to prepare ledger for their accounts. In order to access the system for free and track accounts easily, a demo version has been launched for the users. You need to create a login ID and password with SQL-Ledger and by using your guest login you can access to the features facilitated in the demo version of this free accounting software.
The inventory item is linked with purchase and sales accounts so that effective accounting records are generated using this free money management software. Since SQL-Ledger works on double entry sys, this is simple. Thus an entry automatically gets updated in general ledger using the free accounting tool.
Other free accounting software includes NolaPro, Lazy8Ledger and BS1 Accounting.
Especially for manufacturing concern, assembly feature is introduced. An account of final assembled product is linked with various accounts like parts, services and labour so when the assembly is sold all of the accounts linked with it get updated. This is an advantage of software that can store accounts in an SQL database.
Essential of any free accounting software is its reporting capabilities. Report generations take an important place and same has been integrated in SQL-ledger. It generates invoices, package lists, Balance sheets, sales and purchase records and similarly all such kind of reports which is useful in daily accounting life to track accounts easily.
There are in built templates for reports like invoices, balance sheet, statements and receipts to make the task easier for users.
SQL-Ledger can be customized globally and per login with external perl code. Code plugs in with & without modification to the main core. You can also process batch transactions as well as real time transactions using the free accounting tool.
The free money management software also supports audit control features so that when incorrect transactions are being entered get detected in the initial stage. The incorrect transaction is reversed and you can avoid mis-interpretation of financial statements in order to track accounts easily.
Features of SQL-Ledger:
- Multi-user/company
- Foreign company translations
- Audit control features
- Charts of accounts
- Administration Module
- Back up and email
- Report generation along with customized templates
- Subsidiary and general ledger
- Print out options
- If you need another free accounting tool, then GnuAccounting and Ledger SMB are both good software to check out.
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