One pass over every transaction, four kinds of work done.
LedgerLens connects to your bank and card accounts, categorizes and reconciles each transaction as it arrives, keeps your reports current and alerts you to anything that looks wrong. You review and approve; it does the clerical work.
- 01Bank & card feedsRead-only via Plaid
- 02CategorizeTo your chart of accounts
- 03ReconcileMatch against the ledger
- 04FlagDuplicates, spikes, misfiles
- 05ReportP&L, balance sheet, cash flow
AI auto-categorization
What it does
LedgerLens reads the merchant name, amount, timing and context of each incoming transaction and assigns it to an account in your chart of accounts. Your corrections become rules it applies next time.
Why it matters
Manual tagging is the biggest time sink in small-business bookkeeping. Starting from a reviewed suggestion instead of a blank field turns a weekly chore into a quick review.
- Freelancers separate business and personal expenses across linked accounts
- E-commerce businesses categorize daily Stripe and PayPal activity without manual tagging
- Accounting firms review AI-suggested categories for client transactions in bulk
- AMZN Mktp USOffice SuppliesHigh
- Delta Air 0062TravelHigh
- SQ *Blue BottleMeals · 50%Learned
- Transfer to ••9012Owner draw?Ask
Automated bank reconciliation
What it does
Bank and credit card transactions are continuously matched against ledger entries. Discrepancies are surfaced with suggested matches, and reconciliation status is visible for every account.
Why it matters
Reconciliation is how you know your books are right. Doing it continuously means month-end is a review of a few exceptions, not a full re-check.
- Owners reconcile every account at month-end from one screen
- Bookkeepers track reconciliation status across client accounts
- Finance teams catch bank errors and missing deposits before statements are issued
Real-time financial reporting
What it does
Generate profit & loss statements, balance sheets, cash flow and accounts receivable aging reports on demand. Every report reflects your latest categorized and reconciled transactions, and exports to PDF or CSV.
Why it matters
Decisions about hiring, purchasing or estimated taxes are better made on this week's numbers than last quarter's spreadsheet.
- Owners check the current P&L before a purchasing decision
- Accountants produce client-ready statements without manual compilation
- Freelancers track quarterly income and expenses for estimated tax payments
Anomaly detection
What it does
LedgerLens establishes a baseline of your normal spending and watches for duplicate charges, unusual spikes, miscategorized entries and patterns that may indicate fraud, then alerts you.
Why it matters
Small errors compound. A duplicate subscription caught in its first week is a refund request; caught at tax time it's a restatement.
- Small businesses spot duplicate vendor charges that would otherwise go unnoticed
- Accounting firms review unusual client transactions before filing
- Finance managers notice new subscriptions and spending changes across departments
- Duplicate chargeAdobe Creative Cloud · $59.99 × 2
- Spend spikeSoftware up 23% vs. 3-month average
- Likely miscategorizedHome Depot filed under Meals
The full reconciliation view
Categorization, matching and anomaly checks meet in one ledger, so a flagged item and its effect on your balance sit side by side.
- Oct 02Stripe payoutOct 02 · Invoice batch #1142Revenue · Services+$4,280.00Revenue · Services Matched
- Oct 03Gusto payrollOct 03 · Bi-weekly runPayroll−$6,412.55Payroll Matched
- Oct 06WeWork ChicagoOct 06 · Card ••4821Rent & Facilities−$1,150.00Rent & Facilities Matched
- Oct 08Uber *TripOct 08 · Card ••4821Travel−$38.40Travel Review
- Oct 09Adobe Creative CloudOct 09 · Card ••4821Software−$59.99Software Matched
- Oct 09Adobe Creative CloudOct 09 · Card ••4821 · same daySoftware−$59.99Software Flagged
- Oct 11Client deposit — Hale & Co.Oct 11 · ACH transferRevenue · Retainer+$2,500.00Revenue · Retainer Matched
The tools your money already moves through.
- PlaidBanking
- StripePayments
- PayPalPayments
- SquarePayments
- QuickBooksAccounting
- XeroAccounting
- GustoPayroll
- ShopifyE-commerce
- Bill.comAP/AR
- ExpensifyExpenses
- SlackNotifications
- ZapierAutomation
Small businesses
Connect your accounts, let LedgerLens handle daily bookkeeping, and close the month by reviewing exceptions.
Freelancers
Separate business and personal spending, track income by client and keep quarterly tax estimates in view.
Accounting firms
Run bookkeeping for many clients from one place. LedgerLens does the first pass; your team does the judgment.