Clear Books vs Ledger

Clear Books is browser-based accounting software for UK businesses, sole traders, and landlords, with Android and iOS mobile apps. Its listed capabilities include bank feeds, automated reconciliation, invoice creation, receipt capture, inventory tracking, and accountant access. Users can send branded invoices, schedule recurring invoices, and automate late-payment reminders. Tax tools include VAT submissions, MTD Income Tax, and quarterly updates; Clear Books describes itself as HMRC recognised and MTD-ready. Sole Trader Free and Property Free are ongoing free plans that require no card and have no transaction limits. Property Free covers one property or grouped properties, while Foreign Property Free is for one overseas property. Paid plans start at £5 per month plus VAT, and include a full-access 30-day trial that can be cancelled without payment. Subscriptions can be cancelled at any time. Paid plans include unlimited users and accountant tools. Small, Medium, and Large include integrations and an API, with Stripe and GoCardless built in. Support options range from self-service and email to phone support, with UK-based support.

Ledger is a double-entry accounting system used from the UNIX command line. Users record transactions in Ledger’s text format and maintain the files themselves; Ledger does not create or modify them. Entries must balance, and an unbalanced entry produces an error instead of a report. Commands can generate monthly and average reports, check balances, reconcile accounts, and track stock capital gains. Ledger supports multiple currencies in an account and can convert between them. Its data files accept UTF-8, dates use ISO format, and decimal values can follow US or European formats. The software is released under the BSD license and is listed as free. It runs on Linux, macOS, and Windows; downloads also include packages or binaries for BSD. The documentation links to the Ledger 3 manual, man page, C++ API documentation, and ledger-mode manual. The project directs users to an IRC channel and mailing list for discussion, and to GitHub for bug reports.