LEDGER — Professional Accounting System

$0

Assets

=

$0

Liabilities

+

$0

Equity

✓ Balanced

Recent Journal Entries

Date	Description	Amount

Income vs Expenses (Monthly)

■ Income ■ Expenses

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LEDGER is a full double-entry accounting system. Every transaction maintains the fundamental equation: Assets = Liabilities + Equity. Debits always equal credits. All data is stored locally in your browser (localStorage). Export JSON backups regularly.

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Getting Started

Begin by reviewing your Chart of Accounts — pre-loaded with standard accounts. Then record your opening balances via Journal Entries.

Review Chart of Accounts (add/edit as needed)
Record opening balances in Journal
Enter daily transactions as journal entries
Check Trial Balance stays balanced
Generate P&L and Balance Sheet for reports

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Journal Entries

The core of accounting. Every transaction needs at least one debit and one credit of equal amounts. Choose accounts, amounts, and the system validates balance.

Click + New Entry on Journal page
Select debit account + amount
Select credit account + amount
Amounts must match — system checks this
Add description and date, then save

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Chart of Accounts

Your master list of all accounts. Five types: Assets, Liabilities, Equity, Revenue, Expenses. Each has normal debit/credit balances per accounting rules.

Assets + Expenses = Debit normal balance
Liabilities + Equity + Revenue = Credit normal balance
Add custom accounts with + New Account
Accounts are numbered (1xxx–5xxx convention)

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Trial Balance

Lists all account balances. Total debits must always equal total credits. If unbalanced, find and correct the journal entry with the error.

Green checkmark = balanced ✓
Red indicator = entries have errors
Runs the accounting equation check
Base for all financial statements

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Profit & Loss

Shows Revenue minus Expenses = Net Income over a period. Also called Income Statement. Key measure of business profitability.

Revenue accounts (5xxx) shown at top
Expense accounts (4xxx) deducted
Net Income carried to Balance Sheet equity
Filter by date period using controls

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Balance Sheet

Snapshot of Assets, Liabilities, and Equity at a point in time. Must always balance: Assets = Liabilities + Equity.

Current vs Long-term split automatically
Net Income from P&L feeds into Equity
Total Assets must equal Total L + E
Export or print for stakeholders

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Accounts Receivable

Track money owed TO you by customers. Create invoices, mark as paid, monitor overdue balances. Aging report shows how long outstanding.

Add customer invoice with due date
Mark paid — auto-creates journal entry
Red badge shows overdue count
Aging: 0-30, 31-60, 61-90, 90+ days

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Accounts Payable

Track money you OWE to suppliers. Record bills, schedule payments, avoid late fees. Mirror of AR but for your obligations.

Enter supplier bills with due date
Mark paid — reduces liability
Sort by due date to prioritize
Aging works same as AR

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Payroll

Manage employees, calculate gross pay, deduct taxes (FICA, Federal, State), net pay. Each payroll run creates journal entries automatically.

Add employees with salary/hourly rate
Enter hours worked (for hourly)
System calculates deductions
Run payroll → creates journal entries

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Depreciation

Track fixed assets and their depreciation. Straight-line, declining balance, or units-of-production methods. Auto-generates depreciation schedules.

Add asset: cost, useful life, salvage value
Choose depreciation method
View full amortization schedule
Book depreciation as journal entry

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Budget vs Actual

Compare planned vs actual spending/revenue by account. Variance analysis shows where you're over or under budget.

Set budget amounts per account
Actual pulled from journal entries
Variance = Actual minus Budget
Green = under budget, Red = over

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Financial Ratios

Auto-computed financial health ratios. Current Ratio, Quick Ratio, Debt-to-Equity, Gross Margin, Net Margin, ROA, ROE and more.

All computed from your journal data
Color-coded vs healthy benchmarks
Explanations for each ratio
Updates in real-time as data changes

Keyboard Shortcuts

Alt + JNew Journal Entry

Alt + DDashboard

Alt + TTrial Balance

Alt + PProfit & Loss

Alt + BBalance Sheet

Alt + EExport Data JSON

Ctrl + PPrint Current Page

EscClose Modal

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Data Storage: All data lives in your browser's localStorage. No server, no cloud, 100% private. Use Export JSON to backup your data. To restore, paste JSON into the import field on the dashboard. Clear browser data = data loss. Export regularly.

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Account numbering convention: 1xxx = Assets | 2xxx = Liabilities | 3xxx = Equity | 4xxx = Revenue | 5xxx = Expenses

All

Assets

Liabilities

Equity

Revenue

Expenses

Code	Account Name	Type	Subtype	Normal Balance	Current Balance	Actions

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Every entry must have equal Debits and Credits. Debits increase Assets & Expenses; decrease Liabilities, Equity & Revenue. Credits do the opposite. The system enforces this rule.

All Journal Entries 0 entries

Ref#	Date	Description	Account	Debit	Credit	Del

Select an account above to view its T-Account ledger

Open Invoices

Inv#	Customer	Date	Due Date	Days	Amount	Status	Action

Outstanding Bills

Bill#	Supplier	Date	Due Date	Days	Amount	Status	Action

Employees

Name	Type	Rate	Dept	Gross Pay	Tax	Net Pay	Del

Payroll Run History

Date	Period	Gross	Taxes	Net

Fixed Assets

Asset	Method	Cost	Life	Salvage	Annual Depr.	Book Value	Schedule	Del