What is Ledgersync?

About LedgersyncWhat is Ledgersync-

Ledgersync will push all bank and credit card transactions into the accounting software of your choice.

What is your App’s name, what do you do, & when did you get published on Intuit’s Apps.com?

Our company is Ledgersync. At the moment we don’t have an app on QBO store, though we are working on this now.

What was the main problem you were trying to solve when you first developed your App?

The main problem we are solving: trying to bring down and squeeze the month end close to just a few minutes. How? Below are a few bullet points.
A) Ledgersync is a bank feed software the connects and extracts client’s bank and credit card information.
Specifically, we extract:
– Bank/Credit Card Transactions and greater than 90 days
– Bank/Credit Card Statements
– Bank Check Images – actual picture of the check
** No tasseling clients for Checks and Statements for reconciliations

B) Each client has a portal to manage and enter their bank feed connections, so there are no security problems for the Accountant

C) Edit all the transactional data and show the check images side by side with the transactions for rapid data entry

D) Export all the Checks/Statements/Transactions to DropBox for safe keeping. Banks hold this info for a limited amount of time.

What companies (or users) are the best fit for your App?

Any CPA/Bookkeeping firm with many clients and doesn’t;t want to chase their clients for the login info + ask them what every check is for.
We work with large accounting firms or small ones

Tell us about your users’ top 3 favorite features or benefits of your App.

A) Love that checks and transactions are shown side by side for rapid data entry
B) We extract the Bank/Credit Card PDF statements and ability to reconcile.
C) Employee Feature- in which you can add clients to a specific employee, limiting exposure and liability)

Tell us about your company’s culture and leadership.

  • We aim to be to really flexible and supportive
  • Our team is extremely pro-active
  • We engage the problems and technology head on
  • Our team is diverse and we are focused on simply being results and customer oriented

How is your App different from your competitors?

That’s a tough one. I don’t like to talk about our competitors- (everyone associates us with Hubdoc).
– We are the only company that provides access to over 800 Bank/Credit connections – PDF’s and Check Statements
– We bill based upon usage and we are affordable
– Our focus is focused and centered about how to reduce Month End Closing

What is the pricing for your App?

We have 4 packages
– Silver: access to 10 linked accounts
– Gold: access to 25 linked accounts
– Platinum: Access to 50 linked accounts
– VIP: 50+ access

Does your App have any programs for Quickbooks ProAdvisors?

Yes we do – for ProAdvisors we’ll offer 3 months free service.
*I can give you the coupon code

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2 Comments

  1. Maurice Berdugo on August 25, 2017 at 4:44 am

    Thanks so much QBO Chat for Posting this article about Ledgersync.

  2. Parkway on August 26, 2017 at 9:08 am

    We have been big supporters of Ledgersync for quite some time and strongly recommend their service to anyone looking to improve their current workflow. Ledgersync enables our firm to access all of our clients checks, transactions and statements from a single dashboard.

    Two of my favorite tricks to use Ledgersync with QuickBooks Online would be:
    1: Using the deposit images (from banks like Chase) to be able to quickly verify what checks were combined to make up a single deposit item. http://bit.ly/2vfyerH

    2: Ledgersync’s search function is easier and faster to use than the one built inside QuickBooks Online. Our clients appreciate how quickly they can actually see the cleared check.

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