Beancount vs LedgerSMB

Beancount is a double-entry bookkeeping language for recording transactions in text files and producing reports. The `bean-check` command checks ledger files, while `bean-query` extracts tables of data from them. Documentation covers importing files downloaded from financial institutions and automating parts of that process. The `bean-price` tool can retrieve prices for commodities held in accounts, but ledger processing does not fetch prices automatically; reports can therefore run offline and remain deterministic. Beancount supports multiple currencies and documents portfolio export to external tracking websites. Version 3 is identified as the current stable, maintained branch, while version 2 is frozen and obsolete. The v3 guide notes that some tools were removed and that `bean-report` and `bean-web` are deprecated. Installation instructions cover uv, pipx, pip and source, including Windows instructions for v3. Contributed editor support includes Emacs, Sublime Text, Vim and two Visual Studio Code extensions. Beancount is open source under GNU GPLv2 only and has a free plan priced at free; it has no free trial.

LedgerSMB is free, open-source ERP and accounting software for small and mid-size businesses. It combines double-entry general ledger functions with quotations, sales and purchase orders, invoices, receivables, payables, and cash management. The application also supports inventory, light manufacturing, and fixed-asset depreciation and disposal. Transactions can use multiple currencies, while budgets can be tracked by project or department with variance reports. LedgerSMB produces PDF, HTML, CSV, and Office documents, can email documents from inside the application, and includes 45 languages. A web services API enables programmatic interaction; connecting an online store is not available out of the box and requires custom integration. The web application is intended for installation on the user’s own infrastructure, with Linux installers and production Docker images available. Official release tarballs are GPG signed. Free volunteer support is available through a users mailing list and Matrix, with paid professional support also offered. The project began in 2006 as a fork of SQL-Ledger.