New to OpenLedger? Read the Documentation
45 Guides Available Quick Start Guide
Learn AI Categorization View Guide
Have Questions? Check the FAQ
New to OpenLedger? Read the Documentation
45 Guides Available Quick Start Guide
Learn AI Categorization View Guide
Have Questions? Check the FAQ

Features

Everything you need to manage personal and business finances in one app. AI-powered, privacy-first, and completely free.

AI Categorization

AI that learns how you work

OpenLedger uses a 4-tier AI system to automatically categorize transactions. From simple rules to advanced machine learning, the system saves time and improves accuracy the more you use it. All on-device by default — no cloud required.

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Banking & Import

Bring your data in seconds

Import bank files to get transactions into OpenLedger in seconds instead of manual typing. Supports QIF, OFX, QFX, CSV, and QBO formats with automatic duplicate detection. Or connect directly via SimpleFIN for automatic daily updates.

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Reports & Tax

Tax time, handled

For self-employed, freelance, or side business owners, OpenLedger generates Schedule C reports automatically from your categorized transactions. Categories map to specific Schedule C lines — Advertising, Car & Truck, Legal & Professional, Office Expense, and more.

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Budgets

Know where your money goes

Create monthly or annual budgets with category-based allocations, rollover options, and visual progress tracking. Auto-fill from spending history lets AI suggest amounts based on your past patterns.

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Invoicing

Simple invoicing that works

Bill clients professionally with customizable invoices, email delivery, and automatic payment tracking. Track what's been paid and what's outstanding. No complex accounts receivable — just a simple workflow that works.

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Investments

Track your portfolio

Track investment accounts, holdings, and portfolio performance to see your complete financial picture. Support for 401(k), IRA, brokerage accounts, and more. Track by ticker symbol with cost basis and gain/loss calculations.

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Reconciliation

Balance your books

Compare your OpenLedger records against official bank statements to catch errors, find missing transactions, and ensure accuracy. AI-assisted matching helps identify transactions automatically. Reconciled transactions are locked to prevent accidental edits.

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Privacy & Security

Your data, your device

OpenLedger is built on a simple principle: your financial data is yours. All data is stored locally on your computer in a SQLite database. No cloud account required. AI categorization runs on-device by default. Crash reports help us improve stability; additional analytics are opt-in only. Cloud features are always opt-in.

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Mileage Tracking

Track business miles for tax deductions

Log business trips and calculate tax deductions using the IRS standard mileage rate. Track multiple vehicles, record trip purposes, and generate mileage reports for tax time. If you use a personal vehicle for business, every mile is a potential deduction.

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See how OpenLedger compares

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