Compare
LedgerIt vs Fondo.A ledger you can see, closed on the first.
Fondo pairs in-house accountants with its software and closes the books monthly, quarterly or yearly, depending on the plan. LedgerIt keeps a double-entry ledger as money moves, closes it on the first of every month and shows you the entries behind every number.
Side by side
- Who does the work
- LedgerItSoftware. Agents file every transaction as it happens, and a named CPA reviews each close and handles the filings.
- FondoA service: in-house accountants paired with Fondo's software.
- When the month's numbers arrive
- LedgerItThe close runs on the first of the month. Filing, matching and accruals happen while the month is still open.
- FondoBooks closed once a month, a quarter or a year, depending on the plan. Fondo publishes no close date.
- What you see between closes
- LedgerItThe ledger itself, live: every entry with the evidence behind it, and anything above your threshold waiting for your approval.
- FondoA finance dashboard of cash, burn and runway that updates after each close.
- Accounting basis
- LedgerItAccrual on every account, from day one.
- FondoNot stated on Fondo's site.
- Where the books live
- LedgerItLedgerIt's own double-entry ledger. The database refuses an entry that does not balance, a posting into a closed month and an edit to a posted line.
- FondoNot stated on Fondo's site.
- Programmatic access
- LedgerItA public API and TypeScript SDK: read the statements, post and reverse entries, run rules and close the month.
- FondoNo public API on Fondo's site.
- If you leave
- LedgerItThe statements and the general ledger export to CSV and PDF at any time.
- FondoCancel anytime, with no penalty. How your data comes with you is not described.
Three things that change when the books are software.
- Numbers on the first
- Everything that makes a close slow happens while the month is open. On the first, what is left is a checklist, a review by your accountant and your signature.
- A ledger that refuses to be wrong
- The rules of double-entry live in the database, not in whoever writes today. Corrections are reversals on the record; nothing is edited or deleted.
- Your rules first, then a model, then you
- A rule you own files what it covers. A model proposes the rest, and anything large or uncertain waits for a person, however sure the model is.
When Fondo may suit you better
If you are pre-seed and a quarterly or yearly close is enough, Fondo's annual bookkeeping plan starts at $950 a year, and its TaxPass bundles the corporate return with the books.
Switching from Fondo takes five business days.
01
Connect
View-only access to your bank, cards, payroll and Stripe. About ten minutes.
02
Bring your history
Your QuickBooks file, or every transaction since incorporation, deduplicated across sources.
03
Close the first month
Books caught up in five business days, and the first close reconciled to the bank. Switch between two month ends without a gap.
See your own books on the first.
Send view-only access to your bank, payroll and Stripe. In 5 business days your books are caught up, with your real ARR, burn and runway.
What this page says about Fondo comes from its own website, read on Sep 29, 2026:
Fondo is a trademark of its owner. If something here has changed, tell us and we will correct it.