LUMILEDGER

From raw bank data into clear financial statements and KPIs, instantly.

Connect accounts via Plaid or upload statement PDFs, see a clean transactions view, and apply memory + rules with an AI backup to produce balanced financial statements and KPIs—without the mess.

Dual ingestion
Connect bank feeds or upload statement PDFs—no single-rail dependency.
Memory + rules + AI
We remember how you classify vendors, auto-apply rules, and use AI only when something is new or ambiguous.
Balanced auto entries
Detects offset accounts and posts both sides for a clean ledger every time.
Real-time outputs
P&L, Balance Sheet, Cash Flow, and KPIs update as activity arrives; export CSV/XLSX/PDF on demand.
Owner control
Overrule any line or bulk reclass whole sets in seconds—accountant-friendly when needed.
Secure by design
Bank-level security with Firebase Auth and Firestore; scoped storage and trusted vendors for data and hosting.
How it works
01

Link + Load

Connect via bank feeds or drop statements. We normalize sources while preserving what matters: date, memo, amount, and source account.

02

Transactions

Clean memo, vendor memory + rules, and quick bulk updates. AI helps only when something’s new.

03

Financial Statements

Balance Sheet, Income Statement, Cash Flow, and General Ledger build automatically with running balances.

04

KPIs

Live metrics from your statements for instant insight. Filter, compare periods, and export.

“Fastest path from raw bank data to clear financial statements & KPIs — owner-first”

Where LumiLedger wins

Minutes to clean books

Bank link or PDF → classify → balanced entries → real-time statements & KPIs.

Memory over rules (+ AI)

Rules handle the common case; AI is a backup. Fix outliers instantly with manual overrule or bulk reclass.

Statement-first design

Built around the GL so P&L, Balance Sheet, and Cash Flow flow naturally.

Instant exports

CSV/XLSX/PDF report exports whenever an advisor needs more depth.

Target market

Who we serve

U.S. small businesses with roughly 1–25 employees that need clean financials and KPIs without the complexity of full accounting suites.

Typically owner- or ops-led, managing books after hours with limited bookkeeping support.

Cash-basis by default: Most firms this size operate on a cash basis. LumiLedger produces cash-basis statements out of the box.

Why it matters

~6.3M employer small businesses represent 99.9% of U.S. companies. The median firm holds <15 days of cash buffer, making fast, accurate statements critical.

~71% carry debt and many report cash-flow strain — real-time visibility and lender-ready exports reduce friction.

Compare to the market

QuickBooks
  • Summary: Full accounting suite serving SMBs to mid-market, with a vast add-on ecosystem and accountant collaboration.
  • Automation: Bank rules and recurring transactions; manual reconciliations often required.
  • Vendor memory: Limited; no adaptive learning.
  • Two-sided GL: Partial; double-entry abstracted from owners.
  • Exports: CSV / XLSX / PDF.
  • Best for: Teams with ongoing bookkeeping/accountant support.
  • LumiLedger difference: Memory + AI assist to reach balanced books in minutes with minimal rule maintenance.
Xero
  • Summary: Cloud-native suite with strong owner–advisor collaboration.
  • Automation: Rule-based reconciliations and repeating transactions.
  • Vendor memory: Basic patterns; user-driven rules.
  • Two-sided GL: Partial; surfaced mainly to accountants.
  • Exports: CSV / XLSX / PDF.
  • Best for: Multi-user teams with recurring accounting oversight.
  • LumiLedger difference: Real-time vendor memory + AI assist; less setup and upkeep.
Zoho Books
  • Summary: Capable accounting core that shines with Zoho Finance Suite.
  • Automation: Rules, approvals, workflows.
  • Vendor memory: Basic.
  • Two-sided GL: Partial; handled internally.
  • Exports: CSV / XLSX / PDF.
  • Best for: Firms already on Zoho.
  • LumiLedger difference: Statement-first automation without multi-product subscriptions.
Sage (Accounting / 50)
  • Summary: Deep traditional accounting with inventory/project depth; accountant-led workflows.
  • Automation: Rules-based; heavier configuration.
  • Vendor memory: None/minimal.
  • Two-sided GL: Partial; surfaced via accountant tools.
  • Exports: CSV / XLSX / PDF.
  • Best for: Firms needing robust back-office control.
  • LumiLedger difference: Owner-speed outcomes with two-sided integrity and instant exports.
FreshBooks
  • Summary: Invoicing-first app with light bookkeeping; built for freelancers and agencies.
  • Automation: Recurring invoices and simple expense rules.
  • Vendor memory: None.
  • Two-sided GL: No owner-visible ledger.
  • Exports: CSV / XLSX / PDF.
  • Best for: Billing-centric service businesses.
  • LumiLedger difference: Automates full statements beyond invoicing—true GL balance in seconds.
Wave
  • Summary: Free basics with paid add-ons for payments/payroll; good for very early stage.
  • Automation: Basic categorization and rules; manual reconciliation common.
  • Vendor memory: None.
  • Two-sided GL: No owner-visible detail.
  • Exports: CSV / XLSX / PDF.
  • Best for: Solo founders tracking expenses at $0.
  • LumiLedger difference: From statement PDFs to balanced GL and KPIs with vendor memory—no suite learning curve.
LumiLedger
  • Summary: Owner-first pipeline from raw data or PDFs → classification memory + assist → balanced two-sided entries → live statements & KPIs.
  • Automation: Rules + vendor memory + AI fallback; real-time ingestion.
  • Vendor memory: Yes; learns and reuses classifications.
  • Two-sided GL: Yes; transparent journaled entries and running balances.
  • Exports: CSV / XLSX / PDF.
  • Best for: Owners who want clean, lender-ready books without a complex suite.
  • Edge controls: Manual override, bulk reclass, and clean outputs for accountants or lenders.