SoftLedger

SoftLedger is a cloud accounting platform built for organizations that run several legal entities, often across currencies. The core is a multi-dimensional general ledger that consolidates in real time and posts intercompany eliminations automatically. Around it sit modules for accounts receivable, accounts payable, cash management with bank feeds and rule-based reconciliation, revenue recognition under ASC 606 and IFRS 15, and financial reporting with drill-down to source transactions. Higher plans add fixed assets, sales orders, purchasing, FIFO or average-cost inventory, and analytics. The Enterprise plan adds a digital assets subledger for crypto cost basis and gain or loss accounting. SoftLedger also offers a REST API, an MCP server that connects assistants such as ChatGPT and Claude, and embedded accounting for other platforms. It fits investment firms, family offices, fintech and crypto companies, and accounting firms that manage many client entities. Pricing requires an annual contract. Starter costs $300 a month for 3 entities and 1 user. Standard costs $750 a month for 10 entities and 3 users. Plus costs $1,125 a month for unlimited entities and 5 users. Enterprise is custom-priced and adds SSO and SCIM. Integrations include Ramp, crypto subledgers such as Lukka and Kryptos, and open banking feeds. The main limitation is a smaller prebuilt integration library and partner network than NetSuite or Sage Intacct, so deeper automation often needs developers to work with the API. Some reviewers also mention missing features and a demanding initial setup.