LedgerDocs

LedgerDocs is a cloud-based document management solution provided by LedgersOnline Inc. According to the vendor, this software is designed for bookkeepers and accountants and offers automation, collaboration, document storage, and data security features. The product is marketed as suitable for businesses of all sizes, including small startups and large enterprises. Professionals in the fields of bookkeeping, accounting, financial management, as well as small business owners and freelancers, are said to benefit from the features and functionalities offered by LedgerDocs.

Key Features

Document Workflow Features: According to the vendor, LedgerDocs offers workflow features designed to streamline collaboration and increase efficiency for bookkeepers, business owners, and accountants.

Document Management: LedgerDocs provides a document management solution that allows users to upload, store, and organize financial documents in one central location. The vendor claims that documents can be easily categorized, tagged, and searched for easy retrieval.

Collaboration: LedgerDocs enables seamless collaboration between team members. Users can share documents, leave comments, and tag other users, according to the vendor. This is intended to facilitate effective communication and reduce the need for extensive email exchanges.

Bank Fetching: According to the vendor, LedgerDocs offers bank fetching functionality that allows users to automatically import bank statements and transactions. This feature is said to save time on manual data entry and ensure accurate and up-to-date financial records.

Powerful Integrations: LedgerDocs claims to seamlessly integrate with various financial tools and accounting software, including QuickBooks Online, Xero, and FreshBooks. The vendor states that this integration allows users to sync their accounts, upload documents, and create transactions directly within their accounting software, minimizing duplicate data entry.

Scheduled Reminders & Document Requests: The vendor claims that LedgerDocs provides scheduled reminders and document request features to streamline client communication. Users can set up reminders for clients to submit necessary documents, ensuring timely information exchange and meeting deadlines.

Note Mentions & Notifications: LedgerDocs offers note mentions and notifications to keep users organized and informed about financial activities, according to the vendor. Note mentions allow users to reference specific users related to transactions and invoices, while notifications provide updates on various activities, such as the creation of new invoices or receipt of payments.

Merge and Convert PDFs: LedgerDocs allows users to merge and convert PDFs without the need for additional tools or software, according to the vendor. Users can split one PDF into multiple documents or merge multiple PDFs into one, simplifying document management and organization.

Fetch Bank Statements Automatically: According to the vendor, LedgerDocs' bank fetching feature enables users to automatically import bank statements and transactions. By securely connecting their bank accounts to LedgerDocs, users can effortlessly import bank data, ensuring accurate and up-to-date financial records.

QuickBooks Online Integration: LedgerDocs claims to seamlessly integrate with QuickBooks Online, allowing users to create transactions and attach source documents directly within QuickBooks. This feature is intended to eliminate manual data entry, improve accuracy, and enhance efficiency in financial management.