# LedgerSync Reviews
**Vendor:** LedgerSync  
**Category:** [Accounting Software](https://www.g2.com/categories/accounting)  
**Average Rating:** 0.8/5.0  
**Total Reviews:** 2
## About LedgerSync
LEDGERSYNC for Accountants and Bookkeepers connects to client's credit card and bank feeds allowing a full collection of transactions, check images, deposits, receipts, and statements all in one dashboard.




## LedgerSync Reviews
  ### 1. Great in theory, falls short in practice

**Rating:** 0.0/5.0 stars

**Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.)

**Reviewed Date:** August 17, 2022

**What do you like best about LedgerSync?**

Ledgersync worked great for a couple of months fetching bank statements from my clients' accounts. However, with the bank connections constantly changing I needed to have my clients update their accounts at least monthly. It's easier, from my clients' perspective, to just ask them to send me their statements once a month or use Quickbook's new bank statement fetching feature.

**What do you dislike about LedgerSync?**

The part that really bothered me was that Ledgersync did not allow me to cancel my account on my own and continued to bill me after I removed all clients.

**What problems is LedgerSync solving and how is that benefiting you?**

In theory, Ledgersync potentially solved fetching statements without my clients doing anything beyond the initial setup. However, in practice, it is one too many online accounts for my clients to maintain.

  ### 2. A buggy, inconsistent product with serious client data privacy issues.

**Rating:** 1.5/5.0 stars

**Reviewed by:** Russell B. | CEO, Small-Business (50 or fewer emp.)

**Reviewed Date:** November 22, 2021

**What do you like best about LedgerSync?**

When it works, it will automatically download bank statements and save them to Dropbox.

**What do you dislike about LedgerSync?**

Ledgersync has full access to view any documents and transactions that are downloaded using their service. There is NO client data privacy to be had. 

The system is also quite buggy and frequently mislables which account/period statements are for.  Dropbox integration is quite inconsistent.

**What problems is LedgerSync solving and how is that benefiting you?**

It was supposed to automate the retrieval of client statements to save us from having to log in to each account every month manually. Still, in practice, it was so inconsistent and buggy that it was more efficient to do it all manually rather than trying to determine which accounts had correctly downloaded and which had not.


## LedgerSync Discussions
  - [What is LedgerSync used for?](https://www.g2.com/discussions/what-is-ledgersync-used-for)

- [View LedgerSync pricing details and edition comparison](https://www.g2.com/products/ledgersync/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-15+02%3A22%3A42+-0500&secure%5Bsession_id%5D=9ff4fd39-f702-4116-9115-c61f587ed77c&secure%5Btoken%5D=120f51297c9018ba3f4ab24068c8ac28ea8e31886d063c0a22f419dcee9ea465&format=llm_user)

## LedgerSync Features
**General Ledger**
- Journal Entries
- Tags / Dimensions
- Audit Trail

**Agentic AI - Accounting & Finance**
- Autonomous Task Execution

**Accounts Receivable**
- Invoice Customization
- AR Automation
- Collections Automation

**Accounts Payable**
- AP Automation
- Payment Processing
- Purchase Orders

**Other Functionality**
- Inventory Tracking / Ordering
- Inventory Pricing and Costing
- Inventory Reporting
- Multi-Entity / Consolidation
- Recognition Rules
- Reconciliations
- Payroll
- Time and Expense

**Reporting & Analytics**
- Financial Statements
- Custom Reporting
- Budgeting / Forecasting
- Dashboards

**Platform**
- Customization
- Workflow Capability
- User, Role, and Access Management
- Internationalization
- Performance and Reliability
- Output Document Generation

**Integration**
- Data Import and Export Tools
- Integration APIs
- Breadth of Partner Applications

**Cash Flow**
- Track Cash Flow
- Income and Expenses
- File Exports

**Budgeting & Forecasting**
- Budgeting / Forecasting
- Data Import
- Versioning
- Historical Data

**Revenue**
- Revenue Types
- Revenue Allocation
- Scheduling

**Payroll**
- Direct Deposit
- Check/W-2 Printing
- Tax Calculation
- Reporting and Dashboards

**AI**
- Data Extraction
- Invoice Processing
- Expense Management
- Fraud Detection
- Tax Compliance
- Support Chatbots
- Bank Reconciliations
- Report Generation
- Customizable Alerts
- Predictive Analytics

**Mobile Applications - Accounting**
- Cloud Integration
- Notifications
- UI
- Offline
- Expense Tracking
- Invoice Management

**Agentic AI - Accounting**
- Autonomous Task Execution

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