It records what you type and nothing else. Ledgre connects to your accounts, reads your statements, and posts to a real double-entry ledger property-by-property — so the books are current without you keeping them.
Create your accountSpreadsheets are excellent at arithmetic. Rental bookkeeping is mostly not arithmetic.
It has no connection to your bank, no idea a statement arrived, and no way to notice that last month's rent never landed. Everything it knows, you keyed — which means the work never shrinks as the portfolio grows.
A dragged range that stopped one row short still returns a number. It looks right, it files right, and you find out when someone reconciles it against reality — often a year later.
Splitting a mortgage payment into principal, interest, and escrow. Tracking basis and depreciation across properties bought in different years. These are the entries spreadsheets make painful enough to postpone.
Without double-entry, nothing has to balance. A spreadsheet will happily let income and expense drift apart — and give you no mechanism that would have caught it.
The work doesn't get faster. It stops being yours.
Connect your bank and card accounts, or upload statements as PDF, CSV, or Excel. Mortgage statements, 1098s, closing disclosures, property tax bills, rent rolls — read, checked against the source text, and posted.
Double-entry accounting with book sets, periods, and an immutable audit trail. Entries balance because they have to, and every figure traces back to the entry that produced it.
Properties, units, entities, leases, tenants, and loans are real objects, not column headers you have to remember to fill in consistently.
Trial balance, P&L, balance sheet, general ledger, Schedule E, and rent roll — by property or entity, exported to PDF, Excel, or CSV. No re-summarizing.
What you get that a sheet of formulas can't offer.
| Feature | Ledgre | Spreadsheets |
|---|---|---|
| Who enters the transactions | An agent, from connected accounts and statements | You, row by row |
| Bank and credit card feeds | Connected directly, multiple institutions | |
| Reads statements you upload | PDF, CSV, and Excel | You retype them |
| Mortgage statements and 1098s | Read and posted, principal/interest split | Manual, and usually wrong by year-end |
| Double-entry accounting | Real ledger with book sets and periods | |
| Error protection | Entries must balance; amounts checked against the source | A broken formula looks like a number |
| Property, unit, entity, lease, and loan on every entry | Built in as dimensions | Columns and conventions you maintain |
| Multiple owner entities | One workspace, reportable separately | A tab, or a file, per entity |
| Schedule E | Generated from the ledger | Hours of re-summarizing |
| Rent roll | Built in | Another sheet to maintain |
| Depreciation | Tracked from asset context | Manual schedules per property |
| Receipts and documents | Stored against the entry they support | A folder, somewhere |
| Audit trail | Every change, who or what made it | Version history, if you're lucky |
| Monthly cost | Free | Free — but not your evenings |
Every property's performance comes from the same ledger, so the numbers agree with each other by construction rather than by careful copying.
Connect your accounts and Ledgre builds forward from your last close — no re-keying years of tabs. Keep the spreadsheet as a reference for as long as you want to check the two against each other.
“Makes bookkeeping for my rentals so much easier than before. It's so clean and organized it's making me actually excited to prepare my taxes.”
“Clean, intuitive, well-designed software for rental accounting and tax purposes. Would recommend to those looking for a tool that is easy to learn and set up.”
“Software is very well designed to keep track of rental accounting and tax purposes and easy to use! Highly recommend! Plus, the owner of the company is really nice!”
The software is free — every feature, unlimited properties, unlimited users. Start now.
