search icon

General ledger accounting software

Integrating a general ledger system is essential for efficiently tracking and managing your business finances. General ledger software, systems, and applications can further streamline your accounting tasks, freeing your team to focus on growing your business.
Explore our general ledger solutions
""

Powerful, automated general ledger software

With our general ledger solutions, you can keep track of your business accounting. Incorporate our software to automate financial processes and take control of your workflow.

What is general ledger accounting software?

A general ledger accounting system is a tool that helps businesses manage their financial data. GL software provides a central repository and enables companies to track various financial transactions, including sales, purchases, payments, and receipts. It serves as the foundation for generating financial statements and reports, ultimately providing insights into a business's health and supporting its growth.

General ledger accounting software typically includes benefits such as:

  • Simplified chart of accounts management: Does your business need more financial organization? Our GL system allows businesses to streamline and create a chart of accounts, manage their financial transactions, and simplify transaction entry and reporting.
  • Centralized transaction recording: Our general ledger solution enables businesses to record all financial transactions in a central location, making it easier to monitor cash flow and maintain accurate financial records.
  • Reliable financial reporting: Transparent financial data is essential for businesses to make informed decisions. Sage general ledger software provides a range of financial reports, including balance sheets, income statements, and cash flow statements, keeping you on top of your financial performance.
  • Automated accounting processes: Are you stuck drowning in paperwork and spending hours on repetitive tasks? Our GL system helps automate tedious jobs like creating invoices, reconciling accounts, and generating journal entries to boost efficiency and minimize errors.
""

What are the essential features of GL accounting software?

A general ledger system, crucial for any accounting software suite, offers automated functionalities that enhance the efficiency, accuracy, security, and visibility of your accounts.

Automated invoice capture

Capture receipts, invoices, and expenses with intuitive technology.

Vendor management

Manage vendor payment terms to ensure timely and accurate payments.

Real-time reporting

Get easy access to AP data and improve efficacy and agility.

Integrations

Seamlessly connect to your bank, accounting tools, and other systems to save time.

Workflow automation

Track and approve with an automated, seamless workflow.

General ledger accounting solutions

Streamline your business finances with Sage general ledger solutions. Our adaptable solutions scale to your business size and needs, helping you save time, improve accuracy, and enhance financial security.
Sage Intacct

Sage Intacct

The smart cloud accounting and ERP solution to unleash the potential of your business. Learn why industry leaders choose Sage Intacct.

 

Discover Sage Intacct

 

Across all industries, Sage Intacct customers achieve an average of:

  • 250% ROI
  • 6 months payback
  • 79% close time reduction
  • 65% productivity improvement

Rated #1 in customer satisfaction by G2.

Sage 50cloud

Sage 50

Spend less time on admin to gain greater clarity on business performance with the #1 rated accounting software for small business.*

 

Discover Sage 50

 

  • Cash flow and invoicing
  • Payments and banking
  • Expense management and job costing
  • Advanced inventory management
  • Advanced reporting and audit trails
  • Payroll-ready

* Rated the best accounting software for small and medium businesses (SMBs) by The Blueprint, a Motley Fool service.

Keith Yoder

CFO, Hickory Creek Healthcare Foundation

Based on past experience with Microsoft GP’s reporting limitations, it was an easy decision to choose Sage Intacct flexible, reliable reporting and modern accounts payable.

General ledger software FAQs

A general ledger (GL) is the core record-keeping system for a business or organization's financial transactions, tracking all their economic activity. This includes managing every sale (income) and cost (expense). Financial transactions also involve tracking assets (what you own), liabilities (what you owe), and equity (the difference between both). Transactions that affect these categories, like buying equipment (increases assets) or taking out a loan (increases liabilities), are all recorded in the GL.

Accounting general ledger software is a tool that focuses on managing an organization's financial transactions. It automates processes like invoice capture, reporting, and workflow. It may include additional dedicated modules for accounts payable, accounts receivable, cash management, and more. Online general ledger solutions streamline your business finances and provide real-time visibility into your accounts from anywhere.

General ledger software streamlines your business operations by automating and simplifying financial processes.  It offers a central hub for all your financial data, encompassing:

  • Chart of accounts management: Organize your financial transactions into clear categories.
  • Transaction recording: Easily record all your income, expenses, assets, and liabilities.
  • Accurate financial reporting: Generate accurate and comprehensive financial statements with minimal errors.
  • Automated accounting processes: Save time and effort with automatic invoice capture and data entry features.
  • Real-time cash flow visibility: Monitor your cash flow in real-time from anywhere.

Accounting ledger software typically offers seamless bank integration. You can automatically sync your accounts for effortless reconciliations and get a clear view of your entire chart of accounts. Real-time reporting empowers you with immediate access to financial positions, enabling informed financial decisions. Additionally, automated workflows tailored to your business needs help ensure accuracy in your accounts, freeing up valuable time to focus on growth initiatives.

Advice about GL accounting software

Sage advice

Read our blog and get articles, insights, and tips for your business.
A guide to inventory turnover ratio

A guide to inventory turnover ratio

Learn how to calculate and optimize your inventory turnover ratio to improve cash flow, reduce costs, and boost your small business efficiency.

Read more
Read more
Mastering financial performance in Hospitality

Mastering financial performance in Hospitality

Explore the strategies that CFOs in Hospitality can employ to maintain a healthy bottom line.

Read more
Read more
What is scarcity and how can it impact your supply chain?

What is scarcity and how can it impact your supply chain?

Learn to manage the impact on your supply chain with strategies like diversifying suppliers, building inventory, and using ERP systems.

Read more
Read more
Improving cash flow management: A guide for construction firms

Improving cash flow management: A guide for construction firms

Poor cash flow management is one of the biggest causes of insolvencies for US construction firms. Read Sage's top tips to avoid risks.

Read more
Read more
New Sage Intacct Construction work in progress (WIP) feature revolutionizes WIP reporting for contractors

New Sage Intacct Construction work in progress (WIP) feature revolutionizes WIP reporting for contractors

Discover how the automated WIP tool delivers better project visibility and eliminates the hassle of manual spreadsheets.

Read more
Read more
Going through M&A? How to plan for the TSA

Going through M&A? How to plan for the TSA

Going through M&A? Follow these TSA planning tips for a swift and profitable exit.

Read more
Read more
What’s new in private school accounting?

What’s new in private school accounting?

Discover how two leading technology providers are working together to enhance private school accounting practices

Read more
Read more
How to manage job costs: A guide for construction firms

How to manage job costs: A guide for construction firms

Discover how construction firms to manage job costs effectively.

Read more
Read more

Have any questions about general ledger software?

Expert advice

Learn more about our general ledger software solutions. We'de be happy to help you explore which solution is the best fit for your business.

Request more information
""