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Head-to-head · General Ledger Software

Aqilla vs LedgerSMB

  • Updated Sep 2026
  • Both researched from official sources
  • 2 checks side by side
Higher score Aqilla #2 in General Ledger Software 8.2/10 From £16/user/mo ✓ 1 of 5 features Visit Aqilla
LedgerSMB #3 in General Ledger Software 7.7/10 Open source ✓ 0 of 5 features Visit LedgerSMB

Aqilla leads on 1 check, LedgerSMB on 0, and 1 is even. Who comes out ahead on the 2 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreAqilla · 8.2/10
  • Most featuresAqilla · 1 of 5

Aqilla scores higher on our rubric for general ledger software: 8.2 against 7.7 out of 10; our editors rank them #2 and #3.

Aqilla offers audit trail; LedgerSMB doesn't publish it.

Aqilla is the better fit for cloud businesses needing automated accounting. LedgerSMB is the better fit for businesses needing open-source full accounting.

  • Aqilla fits best

    Cloud businesses needing automated accounting

  • LedgerSMB fits best

    Businesses needing open-source full accounting

Advertiser disclosure: iTechGuides is reader-supported. We may earn a commission when you click some links. How we rank.

Side by side

Feature Aqilla 8.2/10 Visit ↗ LedgerSMB 7.7/10 Visit ↗
At a glance
Editor score 8.2 7.7
Ranking #2 in General Ledger Software #3 in General Ledger Software
Best for Cloud businesses needing automated accounting Businesses needing open-source full accounting
Pricing model Paid Free
Starting price Not published Not published
Free plan — Not published
Free trial — —
Deployment Cloud Self-hosted
Platforms Web Web, Linux
Support Email, Phone, Docs Email, Live chat, Community, Docs
Built for Small business, Mid-market, Enterprise Small business, Mid-market
Features Aqilla 1/5 · LedgerSMB 0/5
Multi-currency Not published Not published
Multi-entity support Not published Not published
Period locking Not published Not published
Audit trail ✓ (best) Not published
Journal approval Not published Not published
Specs
Included entities Not published Not published
Our review
Pros
  • Automated reconciliation, cash matching and recurring journals
  • Multi-company, multi-entity and multi-currency accounting
  • AI invoice capture, audit trails and REST API integrations
  • Covers ledger, invoicing, purchasing, reconciliation, inventory, and assets
  • Imports CAMT.053, OFX, and CSV bank statements
  • Offers multi-currency support, budgeting, and a web services API
Cons
  • No free plan is available
  • Plans cost £16 to £97 per user per month
  • Listed plan highlights are identical across tiers
  • Self-hosted deployment places hosting responsibility on the business
  • Manufacturing capabilities are positioned as light manufacturing
  • Its broad scope may exceed the needs of simple bookkeeping teams
Our verdict

Aqilla is cloud-based accounting software for growing businesses, mid-market organisations and business groups. It brings general ledger and journal processing together with purchase-to-pay, order-to-cash, multi-company and multi-currency…

Read the review →

LedgerSMB is an open-source, web-based ERP and accounting application for small and mid-size businesses. It is designed for organizations that need more than basic bookkeeping, combining double-entry general ledger and journal entry with…

Read the review →
  1. AqillaGeneral Ledger Software 8.2From £16/user/mo
  2. LedgerSMBGeneral Ledger Software 7.7Open source

Strengths and trade-offs

  • Aqilla — where it wins

    • Automated reconciliation, cash matching and recurring journals
    • Multi-company, multi-entity and multi-currency accounting
    • AI invoice capture, audit trails and REST API integrations

    Where it doesn't

    • No free plan is available
    • Plans cost £16 to £97 per user per month
    • Listed plan highlights are identical across tiers

  • LedgerSMB — where it wins

    • Covers ledger, invoicing, purchasing, reconciliation, inventory, and assets
    • Imports CAMT.053, OFX, and CSV bank statements
    • Offers multi-currency support, budgeting, and a web services API

    Where it doesn't

    • Self-hosted deployment places hosting responsibility on the business
    • Manufacturing capabilities are positioned as light manufacturing
    • Its broad scope may exceed the needs of simple bookkeeping teams
  • Aqilla8.2/10 · From £16/user/mo

    Aqilla combines multi-entity accounting, automation and reporting for cloud-based finance teams.

    Visit AqillaFull verdict →
  • LedgerSMB7.7/10 · Open source

    A broad self-hosted accounting suite for businesses that want open-source control.

    Visit LedgerSMBFull verdict →

More comparisons

All general ledger software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026

Last updated · How we research and update