Features

Every job of a finance team.Done as the money moves.

Eight chapters, one ledger, and a screen in each to try: read an invoice, write a rule, spread a contract, run the bills, see what moved, consolidate three companies, check sales tax and call the API. Each screen says whether it is live today or on the roadmap.

Book a demo See every feature

52 live today. 11 on the roadmap, and marked that way.

One charge, start to finishLive

Reported

AWSAWS EMEA AWS.AMAZON.CO LU−$27,640.18

Card: Brex ···· 4721
Receipt: EUINUS26-8812
Account: 5010 Hosting and infrastructure
Entry: JE-1042 · Dr 5010 · Cr 2110
Statement: Agrees to the cent
Report: September income statement

What happened

2:12:06 PMSep 3The Brex feed reported AWS EMEA AWS.AMAZON.CO LU.
2:12:07 PMSep 3Receipt EUINUS26-8812 attached. Amount, vendor and date agree.
2:12:07 PMSep 3The rule “aws” filed it to 5010, hosting.
2:12:08 PMSep 3JE-1042 written. Debits equal credits, or the database refuses it.
8:04:00 AMOct 1The Brex statement and the ledger agree to the cent.
8:05:00 AMOct 1Counted in September’s hosting line: $41,300.00.

Two seconds from the swipe to the books. Nobody touched it.

01Capture

Every dollar, the moment it moves.

Bank, card, payroll and Stripe arrive on their own. Receipts and bills are emailed to your books’ own addresses and read: a receipt is matched to its charge, and a bill waits for you to enter it.

InboxOn the roadmap

Forwarded to books@northwind.ledgerit.ai

Vanta

Invoice

INV-VT-2291

Vanta Inc369 Hayes StSan Francisco, CA 94102

Billed to: Northwind Labs Inc
Date: Sep 24, 2026
Service period: Oct 1, 2026 – Sep 30, 2027
Due: Oct 12, 2026

Description	Amount
Compliance platform, annual plan	$14,400.00

Total$14,400.00

Read from the document

Vendor: Vanta
Number: INV-VT-2291
Dated: Sep 24, 2026
Due: Oct 12, 2026
Covers: Oct 1, 2026 – Sep 30, 2027
Total: $14,400.00

What it means

Twelve months paid up front is an asset, not a cost.

Booked to prepaid expenses and expensed at $1,200.00 a month from October. Paid on Oct 12, not the day it arrived.

Account	Debit	Credit
1300Prepaid expenses	$14,400.00
2000Accounts payable		$14,400.00

Read, then matched: A receipt finds the charge it belongs to, and nothing new is posted. A bill’s vendor, date and total are filled in for you to check before it is entered.
Counted once: A transfer between two of your banks is one movement, not two costs. A statement uploaded before the feed was connected is not a second copy.
Evidence kept: Every line keeps what the bank printed, verbatim, next to what was decided about it. The receipt is stored with the entry, not in a folder.

LedgerIt + Slack

Do your books without signing in.

When a card charge comes in without a receipt, LedgerIt asks the person who made it, in the chat they already have open. They add the memo and the receipt from the message, and the books never wait on a login. On WhatsApp today, in Slack next.

On the roadmap

Add a memo and receipt

Priya ShahOffice Depot$201.55

02Categorize

Rules first. A model for the rest. You for what is material.

A rule is free, instant and the same every time, so rules go first. A model files what no rule covers, and waits for you when it is unsure or the amount is large.

Rules you can read: Written in words, matched on what the bank printed with the noise taken out. Three consistent decisions about a merchant become a rule you can see and edit.
Two gates, not one: Confidence and materiality are separate. A model 99% sure about a $400,000 wire still waits for a person.
Measured, not assumed: Every proposal is kept, overruled ones included, so how often the model agrees with you on your books is a number, not a claim.

New ruleLive

When a line contains

File it to

Try

SQ *BLUE BOTTLE 8812reads as “blue bottle”This rule · 6270−$6.50
TST* Blue Bottle Coffee - Hayesreads as “blue bottle coffee hayes”This rule · 6270−$14.25
BLUEBOTTLE COFFEE SF CAreads as “bluebottle coffee sf ca”This rule · 6270−$27.45
DOORDASH*BLUE BOTTLEreads as “blue bottle”This rule · 6270−$31.80
UBER *TRIP HELP.UBER.COMreads as “uber trip help.uber.com”Rule · 6270−$36.20
UBER *EATS PENDINGreads as “uber eats pending”Rule · 6270−$48.10
PP*FIGMA INC 4029357733reads as “figma inc”Rule · 6210−$675.00
GITHUB, INC. SAN FRANCISCOreads as “github inc. san francisco”Rule · 6210−$840.00
AMZN Mktp US*2K4LM0 AMZN.COMreads as “amzn mktp us amzn.com”Model · 6280 · 82%You decide−$212.99
AWS EMEA AWS.AMAZON.CO LUreads as “aws emea aws.amazon.co lu”Rule · 5010−$27,640.18
COOLEY LLP WIRE 0930reads as “cooley llp wire”Held · over materiality−$32,600.00

4 lines match, $80.00 in all.

From now on they are filed before you see them.

Waiting for a person62

Rules you can read: Written in words, matched on what the bank printed with the noise taken out. Three consistent decisions about a merchant become a rule you can see and edit.
Two gates, not one: Confidence and materiality are separate. A model 99% sure about a $400,000 wire still waits for a person.
Measured, not assumed: Every proposal is kept, overruled ones included, so how often the model agrees with you on your books is a number, not a claim.

03Close

The month closes on the first.

Deferred revenue and prepaid expenses run on schedules that post at the close, and a bill that has not come in is accrued in one click. The close compares each bank and card account with its statement, then locks the month so nothing moves under a board deck.

Recognition scheduleLive

Contract

Annual plan

$36,000.00

Starts

Spread

Point at a month to read it

The same contract, spread monthly

September earns

Spread monthly, September would carry $1,619.18 more than it should.

Account	Debit	Credit
2400Deferred revenue	$1,380.82
4010Subscription revenue		$1,380.82

Still owed to the customer at Sep 30$34,619.18

Schedules to the day: A contract that starts on the 17th earns 14 days in its first month, not a whole one. Daily proration is the default, because billing dates are.
Locked, and says so: A closed month refuses new entries in the database itself. Reopening one is deliberate, and on the record.
Nothing left hanging: An unreconciled account blocks the close. Closing anyway is an override with your name on it.

04Pay and get paid

Every bill approved. Every invoice followed up.

Bills arrive at their own address and wait for an owner, an admin or a member within their limit to approve them. Customer invoices go out with reminders until they are paid. Paying bills from LedgerIt on their due date is on the way.

Bank details checked first: A vendor’s bank details are verified before a payment can use them. Holding a repeated invoice number, with the reason in plain words, is on the way.
Approval by amount and role: Owners and admins approve any payment, and a member up to their limit. Each approval is for one payment exactly, and kept on it.
Cash stays at work: With bill pay, which is on the way, a bill is paid on its due date rather than the day it arrives, so the money stays in treasury longer.

October billsOn the roadmap

2 bills held before anyone is asked to pay them.

WeWork
WW-100392 · Due Oct 1
$18,500.00
Vanta
INV-VT-2291 · Due Oct 12
$14,400.00
Linear
LIN-44817 · Due Oct 15
$1,920.00
Cooley LLP
1938-2210 · Due Oct 30
$32,600.00Over $25,000
Ana Ribeiro
AR-0921 · Due Oct 5
Bank details changed 2 days ago. Confirm with the vendor by phone before paying.
$9,800.00Held
Vanta
INV-VT-2291 · Due Oct 12
Invoice INV-VT-2291 is already in this run. Forwarded twice.
$14,400.00Held

3 bills, $34,820.00.

From Mercury checking: $3,104,220.18 → $3,069,400.18

Paid on each due date, not today: $21.32 more earned in treasury at 4.2%.

Bank details checked first: A vendor’s bank details are verified before a payment can use them. Holding a repeated invoice number, with the reason in plain words, is on the way.
Approval by amount and role: Owners and admins approve any payment, and a member up to their limit. Each approval is for one payment exactly, and kept on it.
Cash stays at work: With bill pay, which is on the way, a bill is paid on its due date rather than the day it arrives, so the money stays in treasury longer.

05Report and plan

Numbers that explain themselves.

Statements, the board pack and cash, burn and runway come straight from the ledger. Every figure opens to the entries behind it, and before the close every account far from its usual month says what moved it.

Flux review · August to SeptemberOn the roadmap

Explain a move over

10%

and over

$2,500.00

Drafted from 3 entries

Legal rose $18,400.00 (130%) on Series B preparation with Cooley. August’s trademark filing did not recur.

Series B preparation, Cooley2 entries+$21,000.00
Trademark filing, August only1 entry−$2,600.00

3 of 8 lines to explain. Open one to read its draft.

What moved, and why: Every account more than half and $2,000 off its usual month, with up to three things that moved it, each read from the entries.
Metrics from the books: MRR and ARR from recognized revenue, not a payments dashboard, beside cash, burn, runway and gross margin. Net revenue retention and burn multiple are on the way.
A board pack with every close: The three statements, cash, burn, runway, MRR and your commentary, as a PDF, or a read-only link for each investor.

06Entities and currencies

Three companies. Three currencies. One group.

Each entity keeps its own books in its own currency. The group is a report that reads each ledger in turn, translates it and removes what the companies billed each other.

Group income statement · SeptemberLive

Eliminate intercompany

Northwind Labs IncUSD$182,400.00$404,280.00−$221,880.00
Northwind Labs LtdGBP · £1 = $1.27$48,260.00£38,000.00$39,941.50£31,450.00$8,318.50
Northwind Labs GmbHEUR · €1 = $1.10$13,530.00€12,300.00$24,134.00€21,940.00−$10,604.00
IntercompanyLtd’s engineering charge to Inc−$48,260.00−$48,260.00$0.00
Northwind group$195,930.00$420,095.50−$224,165.50

The £38,000.00 Ltd billed Inc ($48,260.00) is taken out of both revenue and expenses. Net income does not change; revenue stops counting the group twice.

Separate books, always: No shared ledger with a column saying whose line it is. An entity is one set of books, and a person reaches it through their role in it.
Rates on the record: Income statements translate at the month’s average rate, balances at the closing rate, and the rate used sits beside every translated figure.
Intercompany, in both books: A charge from one entity to another posts in both sets of books at once and is eliminated, so the group never reports revenue it earned from itself.

07Tax

1099s tracked today. The rest of tax is on the way.

Today the books show who needs a 1099, ask a vendor for a missing W-9 by a link they sign, and add up the year by Form 1120 line for your CPA. Sales tax by state, Delaware franchise tax and the R&D credit are on the way.

Sales tax exposure · last 12 monthsOn the roadmap

Registered2
Register now1
Watching2
Not taxable1

Thresholds as each state sets them in 2026. Once this is live, each state’s current rule will be tracked for you.

Pennsylvania

Sales: $118,400.00
Transactions: 176
Economic nexus: $100,000 in sales or 200 transactions

Of the threshold118%

Subscriptions like yours are taxable here.

Over the threshold, and your subscription is taxable here. Register before the next invoice goes out, and start collecting.

Nexus, on the way: Sales and transaction counts against each state’s threshold, and whether your product is taxable there at all.
The cheaper method: Delaware’s notice uses authorized shares. The assumed par value method is usually a fraction of it. Working out both is on the way.
The year by tax line: Income and expense by Form 1120 line, and Schedule L at both ends of the year, as CSV or PDF. A full package for your CPA is on the way.

08Build on it

Agents are users too.

Everything a person can do in LedgerIt, a program can do through the same API: list, create, reverse, close. Keys are scoped to one set of books and one role.

APILive

import { LedgerIt } from "@ledgerit/sdk";

const ledgerit = new LedgerIt();

// Everything waiting for a person, oldest first.
const queue = await ledgerit.transactions.list({
  status: ["needs_review"],
  limit: 2,
});

GET /v1/transactions

20084 ms

{
  "data": [
    {
      "id": 88214,
      "event_date": "2026-09-30",
      "description": "COOLEY LLP WIRE 0930",
      "amount": "-32600.00",
      "status": "needs_review",
      "category_code": "6220",
      "category_confidence": "0.94",
      "category_rationale": { "held": "materiality" }
    },
    {
      "id": 88197,
      "event_date": "2026-09-28",
      "description": "BLUEBOTTLE COFFEE SF CA",
      "amount": "-27.45",
      "status": "needs_review",
      "category_code": null
    }
  ],
  "has_more": false,
  "next_cursor": null
}

One API, not two: The app calls the same endpoints an agent does. If a screen can do it, the API can.
Safe to retry: Every write takes an idempotency key, so a request replayed after a timeout never posts a second entry.
The database has the last word: An entry that does not balance, a line in another company’s account, a post into a closed month: refused by Postgres, whoever sent it.

Every feature

The whole product, chapter by chapter. Live means you can use it the day you sign up.