MYLEDGERChart of accounts & the ledger
Shared ledger storage across Fedix
Other Fedix ledger screens read and write the same transactions, accounts and journals as MYLEDGER, so there is one copy of the books.
The problem it solves
Two products with two copies of the ledger means double entry of a different, worse kind.
How it works
- Work on the books in a Fedix ledger screen.
- Changes are stored in the MYLEDGER ledger.
- Every screen sees the same data.
What your practice gets
- One copy of the books.
- No sync gaps.
- Consistent across products.
Questions accountants ask
Is the data duplicated?
No. It is the same ledger.
Which data is shared?
Transactions, accounts and journal entries.
Who can access it?
Signed-in users with access to the client.
Related features
Features that work alongside shared ledger storage across fedix.
Chart of accounts
View, add, rename, reorder, merge and delete accounts, and apply tax return labels, for each client.
VideoApply tax return labels
Map account names to the ATO tax return label set for trust or individual returns in one step.
Import a chart from text or a file
Paste or upload an account list from a client's old system and AI turns it into chart accounts for you to confirm.
VideoRename and reorder accounts
Rename an account and its history follows; set the display order you want.
Default chart for each entity type
Start a new client with a sensible default chart for their entity type.
VideoAccount usage counts
See how many transactions and journals use each account before you delete or merge it.
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.