Ledgeriano FAQ: multi-entity cloud accounting questions answered

Ledgeriano is a multi-entity cloud accounting platform. One account can run the books of many independent businesses, natural persons or legal entities, each with its own base currency, fiscal years, chart of accounts and members.

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It is built for groups of companies and holdings, accountants and accounting firms that manage several clients, technical teams that want to post entries from a store or ERP, and businesses that report under different standards, such as a Dubai holding with a European subsidiary.

• Multi-entity accounting guide →

Spreadsheets do not enforce balanced entries, and desktop software usually keeps one company per file on one computer. Ledgeriano validates every entry, keeps posted entries immutable, runs in the browser for the whole team and connects companies with workflows and an API.

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English. The dashboard, reports, CSV exports and API error messages are all in English.

No. Ledgeriano runs in any modern browser. There is nothing to install or update, and developers connect through the REST API.

For multi-company groups, IFRS reporters and manufacturers, yes: many businesses under one login, intercompany workflows, chart templates per standard and cost accounting. Xero and QuickBooks remain stronger for bank feeds, payroll and invoice payments, and some groups use both.

• Xero alternative for groups →
• QuickBooks alternative with IFRS templates →

No. There are no automatic bank feeds and no payroll module. Bank transactions and payroll journals are recorded as entries in the dashboard or posted from other systems through the REST API.

Ledgeriano has no built-in AI features. Teams that use AI assistants connect them through the REST API with read-only or write keys, let them create draft entries and have an accountant review and post.

• AI in accounting guide →

Yes. New accounts receive free credits at signup, enough to create a business, choose a chart of accounts and record your first entries without a card.

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When you create a business you can start from chart-of-accounts templates for IFRS, US GAAP, European PCG-style charts, GCC IFRS with VAT and Zakat, and a small-business chart.

• Standards and calendars →
• Chart of accounts guide →

Yes. The template is a starting point. You can rename, add and deactivate accounts at any time; reports follow the structure you end up with.

Yes. Each business sets its own fiscal year, so one company can run from 1 January to 31 December while another runs from 1 April to 31 March. Lock dates, year-end closing and the opening entry follow each business's own year.

Journal book, general and subsidiary ledgers with running balances, 2, 4 and 6 column trial balances, balance sheet, income statement by function, cash flow statement (indirect method), statement of changes in equity and party balances, with prior-year comparison, print and CSV export.

• Financial statements guide →

You can record entries in any active currency with a stored exchange rate. Each business has one base currency, and all reports are presented in it.

• Multi-currency guide →

Year-end closing transfers income and expense balances through the income summary into retained earnings and creates the opening entry of the next year automatically. Lock dates stop edits in closed periods, and a closed year can be reopened if you need to correct it.

• Year-end closing guide →

No. Posted entries are immutable so the books stay auditable. To correct one, you post a reversal entry and then record the correct entry. Drafts can be edited freely.

• Double-entry guide →

Yes for the bookkeeping. The GCC IFRS template has input, output and reverse-charge VAT accounts, sales and purchase invoices in the optional inventory module carry a VAT rate per line, and the registers summarise net and VAT by rate for your return. Filing is done on the tax authority's portal.

• UAE VAT accounting guide →

No. Ledgeriano does not generate ZATCA-compliant e-invoices and does not connect to the FATOORA platform. Saudi businesses issue e-invoices with a compliant solution and record the accounting in Ledgeriano, by hand or through the API.

• ZATCA e-invoicing readiness guide →

Not as a dedicated layout yet. IFRS 18 replaces IAS 1 for annual periods beginning on or after 1 January 2027. Today the income statement is presented by function with gross profit, operating profit and profit before tax, and account categories let you prepare the new categories from the same data.

• IFRS vs US GAAP guide →

Yes, with an optional inventory and cost accounting module that you switch on per business in its settings. It keeps a perpetual stock ledger per item and warehouse, with purchase receipts, returns, issues, deliveries, transfers, adjustments, landed costs and physical stock counts.

• Inventory and costing features →

FIFO, moving weighted average and standard cost, chosen per item, as IAS 2 allows. LIFO is not offered because IAS 2 does not permit it. Stock can also be written down to net realisable value.

• Inventory valuation guide →

Yes. Every posted stock or production document creates a balanced journal entry, and a reconciliation report compares the stock ledger with the inventory accounts. These entries are changed by cancelling the source document, not by editing the entry.

Not before the latest posted movement of the same item in the same warehouse. Movements are kept in strict date order so FIFO layers and average costs are always exact, and only the latest movements can be cancelled.

Yes. Production orders follow job order costing with material issues, direct labour, overhead at predetermined rates and a job cost sheet with variances. Process costing runs compute equivalent units with the weighted average or FIFO method, including spoilage, joint products and by-products.

• Cost accounting guide →

Overhead is absorbed with predetermined rates based on labour hours, machine hours, labour cost or units. Service department costs can be allocated with the direct, step-down or reciprocal method, and at period end under- or over-applied overhead goes to cost of goods sold or is prorated.

Yes. Each item can be tracked by lot or by serial number, with expiry dates set from a shelf life. Deliveries allocate lots by FEFO (earliest expiry first) unless you choose them, and never ship expired lots. Lot balance, expiring lot and lot trace reports follow materials backward and forward through production orders to customers. Items that are not interchangeable can be valued by specific identification.

• Lots, FEFO and specific identification →

Yes. Production orders record normal scrap, which stays in work in progress, and abnormal scrap, which moves to a loss account. Subcontracting and other direct costs are charged to an order or department. The MRP report explodes multi-level bills of materials for open orders and a production plan and suggests reorder quantities, and a capacity load report compares required hours with each department's normal capacity.

Stock on hand, item card (kardex), movement summary, ageing, reorder list and the stock to ledger reconciliation, plus the statement of cost of goods manufactured and sold, a three-variance overhead analysis and product profitability.

Yes, for every business, with no module to switch on. It covers budgets and budget vs actual, flexible budgets, master budget plans, cost-volume-profit analysis, variable vs absorption costing, segment and responsibility reports, activity-based costing, financial ratios and decision calculators. Parts that work per product use the inventory module when it is on.

• Management accounting features →

A budget belongs to a fiscal year and holds an amount per month for each account, cost center and project. Months follow the business's fiscal year, whichever month it starts in. You can spread a yearly total evenly or with a seasonality profile, copy last year's actuals with a growth percentage, copy another budget with a percentage change, keep scenarios, and approve one budget as the default for the year.

Budget, actual, variance and variance percentage for every line, grouped into income statement sections with operating and net profit, and a favourable or unfavourable flag based on the effect on profit. You can view it by account, cost center, project or month. Actuals come from posted entries, excluding closing entries.

• Budget vs actual example →

Yes. The flexible budget uses revenue or units sold as the activity measure, scales the variable part of each line using the account's cost behaviour and keeps the fixed part. It splits the total difference into the sales-volume variance and the spending (flexible-budget) variance.

Yes. The CVP analysis shows contribution margin, break-even revenue, margin of safety and the degree of operating leverage, the sales needed for a target profit before or after tax, what-if changes to price, volume and costs, a product breakdown with the sales mix when inventory is on, and a CVP chart.

Segment reports by cost center or project for cost, revenue, profit and investment centers, with ROI and residual income; activity-based costing models compared with a plant-wide rate; 19 financial ratios with a prior-period comparison; and calculators for make or buy, special orders, keep or drop, sell or process further and limiting factors.

Two permissions control it: one to view management reports and budgets, and one to create, edit and approve budgets, master budget plans and ABC models. Owners, administrators and accountants get both by default; auditors and viewers can read.

A workflow is a rule that watches entries in one business. When an entry is created, posted or reversed and your conditions match, it creates an entry in another business from a template, mirrors the entry with an account map, or calls a URL.

• How workflows work →

Voucher type, amount, account, party, tags or a custom expression. You can combine them, for example: posted sales to the party Atlas Retail above 1,000 USD.

The target entry is created from the source entry with amount formulas and an account map, so both sides always use the same amount. A sale in the seller becomes the matching purchase in the buyer without anyone typing it again.

• Intercompany automation guide →

No. Loop protection is built in: an entry created by a workflow will not trigger the same workflow again. You can also dry-run a workflow to see what it would do before you enable it.

With the default prices a workflow run costs 2 credits, plus the cost of the entry it creates. Administrators can change these prices.

Yes. Every business has a REST API at https://api.ledgeriano.com/api/v1, documented with an OpenAPI reference rendered with Scalar.

• Developer docs →
• Accounting API guide →

The business owner creates API keys, which are Bearer tokens scoped to that business. Keys can be rotated or revoked at any time.

Send an Idempotency-Key header. If the same key is sent again, Ledgeriano returns the original result instead of creating a second entry.

Yes. Each delivery carries an HMAC SHA-256 signature computed with your webhook secret, so your server can verify that the call came from Ledgeriano and was not changed.

Only the members of that business. The owner invites members by email and gives each a role with fine-grained permissions, and every change is written to the audit trail.

• Security overview →

Yes. Each user can turn on two-factor authentication with an authenticator app that generates time-based one-time codes.

Actions such as creating a business, recording a journal entry or calling the API use a set number of credits from the business owner's balance. During the trial period new accounts get free credits at signup. There is no subscription and no fee per user.

3 credits with the default prices. Posting it and running reports on it are free. If the entry is created through the API, the request itself adds 1 credit.

The owner of the business. Costs are always deducted from the owner's credit balance, whoever performs the action.

No. Signup and bonus credits stay on your balance until you use them.

Yes. Administrators can change the credit cost of actions. Each action is charged at the cost in effect when it happens.