Accounting Software with General Ledger

Why is general ledger important for accounting software users?

Based on GetApp's analysis of 2191 verified reviews collected between July, 2021 and August, 2024

The general ledger centralizes financial transactions, enabling accurate record-keeping, financial reporting, and decision-making. It supports tasks like tracking income and expenses, generating reports, reconciling accounts, and ensuring compliance. Of the 2191 reviewers who rated general ledger, 91% rated this feature as important or highly important.

Key features of accounting software based on insights from 7363 verified reviews

• Income & Balance Sheet: Reviewers appreciate the comprehensive financial insights, customizable reporting, and real-time updates, aiding in effective financial management and decision-making. 96% of reviewers rated this feature as important or highly important.
• Financial Reporting: Users highlight customizable, real-time reports that provide detailed financial insights, helping in decision-making and performance evaluation. 94% of reviewers rated this feature as important or highly important.
• Billing & Invoicing: Users highlight the ease of creating, customizing, and automating invoices, improving cash flow and client payment tracking. 90% of reviewers rated this feature as important or highly important.
• Bank Reconciliation: Reviewers appreciate the automation, accuracy, and ease of reconciling bank transactions, helping maintain accurate financial records. 89% of reviewers rated this feature as important or highly important.
• Expense Tracking: Users value the detailed categorization, real-time tracking, and reporting of expenses, aiding in budget management and financial planning. 88% of reviewers rated this feature as important or highly important.