What LedgerAI does today
Everything in this section works in the product now.
Books you can trust
- Double-entry, always balanced
- Every entry has equal debits and credits, in exact cents. An unbalanced entry cannot be posted.
- Posted entries cannot be edited
- Corrections are made by reversing an entry, so the history stays intact and every change is on record.
- Month locks and an activity log
- The owner can lock a finished month so nothing can be dated into it. Locks, reversals and postings are recorded in an activity log that cannot be rewritten.
- Every figure traces to its entries
- Reports are built from the journal. You can open the ledger and the entries behind any account.
- Roles that are enforced, not just hidden
- Invite your team as accountant, manager, sales or purchase employee, or auditor. Each role can only read and do what it is allowed to, and that is checked by the database itself, not only by the menus.
Everyday accounting
- Sales, purchases and payments
- Cash and credit sales and purchases, customer receipts and supplier payments, returns, and the invoices and bills behind them.
- Saudi VAT
- Output and input VAT at 15%, zero-rated and exempt supplies, and a VAT report for the period.
- Customers, suppliers, products and stock
- Parties with credit limits, a product catalog, stock levels with weighted-average cost, and a low-stock reorder list.
- Fixed assets and depreciation
- Straight-line depreciation worked out from the asset's cost, life and start date.
- Overdue tracking and payment reminders
- Days overdue and ageing bands on receivables and payables, and friendly, standard or firm reminder drafts you send yourself.
Reports
- The standard statements
- Profit and loss, balance sheet, cash flow, trial balance, capital and drawings, and a VAT report, for any period.
- Month-end checklist and weekly summary
- A checklist of what to review before a month is final, and a weekly summary of revenue, expenses, cash and what is overdue.
- Print, PDF and CSV
- Print any report on A4 or save it as PDF, and download tables as CSV.
- Year-end close
- A guided close of the fiscal year into retained earnings.
AI that proposes, never posts
- Describe a transaction in your own words
- The assistant drafts a balanced entry for you to review, edit and approve. Nothing reaches your books until a person approves it.
- It asks instead of guessing
- When an amount, a customer or a payment method is missing it asks a short question, and it matches names against your real customers and suppliers.
- Voice and receipt photos
- Speak a transaction in English or Arabic, or photograph a receipt for a draft. The audio is not kept by LedgerAI and receipt images are never stored.
- LedgerAI Bot
- Ask questions about your own numbers. Every figure in an answer comes from your books and is checked before you see it, and what-if answers are labelled as hypothetical.
Getting started
- Opening balances and CSV import
- Start from your real position: opening balances, receivables, payables, stock and equipment, and customers, suppliers and products from a CSV.
- Your data is yours
- The owner can download the business's records at any time.
Planned, not built yet
These are on our list. They are not available today, and we do not want you to buy LedgerAI expecting them.
- Invoice PDF and sharing A printable, shareable invoice document.
- ZATCA e-invoicing Saudi e-invoicing compliance. It has not been built or checked yet, so do not rely on it.
- Email delivery Sending invoices, statements and reports by email.
- Bank reconciliation Matching your bank statement to your books.
- Quotes and recurring invoices Quotes that turn into invoices, and invoices that repeat on a schedule.
- Purchase orders, discounts and write-offs Purchase orders and delivery notes, discounts on lines and documents, and bad-debt write-offs.
- Attachments Attach a receipt or a contract to a transaction.
- Point of sale, multi-currency and payroll Not started.