LedgerSMB is a free, open-source double-entry accounting and Enterprise Resource Planning (ERP) software package designed specifically for small and mid-sized businesses (SMBs). It provides robust, enterprise-grade financial management without the monthly subscription costs or vendor lock-in associated with mainstream commercial software.
The system runs as a web-based application, storing all accounting data in a secure PostgreSQL database and serving the user interface directly through standard web browsers. Core Features
LedgerSMB acts as a unified platform to manage operations and cash flows through several built-in modules:
Core Accounting: Implements full General Ledger (GL), Accounts Receivable (AR), Accounts Payable (AP), and comprehensive audit trails.
Invoicing & Sales: Handles quotations, customer sales orders, invoicing, and direct e-mailing of PDF invoices from the interface.
Purchasing & Vendor Management: Tracks vendor quotes, purchase orders, supply chains, and procurement invoices.
Inventory & Manufacturing: Tracks stock levels, handles basic Material Requirements Planning (MRP), and manages item assemblies.
Cash Management: Supports multi-currency transactions, payment allocations, cash tracking, and bank reconciliation.
Business Dimensions: Tracks budgets, timecards, and project-specific accounting to review costs by department. Pros and Cons Open Source ERP: accounting, invoicing and more | LedgerSMB
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