Lesson 1 of 6 · 2 min

Ledger and your business

What Ledger does, and creating your business: where it is, its financial year, and the Overview it opens on.

Invoices and bills
Payments and expenses
Your books
Profit, dues and stock
Hello, I'm Leo. Ledger keeps your books as you go: each invoice, bill, payment and expense goes in once, and your profit, what customers owe you, what you owe suppliers and the value of your stock add themselves up. No calculator at the end of the month.
Create your business
Create your business
Business name
Noor Traders
What kind of business is it?
A trader or wholesaler
When does your financial year start?
July
Pakistan
United Kingdom
Somewhere else
Create my business
It starts with Create your business. Where's your business? sets up the rest: Pakistan gives you rupees, Karachi time, sales tax at 18%, zero-rated and exempt, and room for your NTN and STRN; the United Kingdom gives pounds, London time and VAT; Somewhere else asks for your currency and time zone. Your chart of accounts, tax rates and cash and bank accounts arrive ready for that market, and you pick the languages your invoices go out in.
When does your financial year start?
1 July 2026The year starts
Every dayReports count from 1 July
30 June 2027The year ends: nothing to close
Then your financial year: the usual start for where you are is picked for you. In Pakistan it's July to June, FBR's tax year; in the UK, April to March. Profit and loss, the balance sheet and the year-to-date reports count from its first day, and there's nothing to close at the end of it: last year's profit simply moves into earlier years' profit by itself.
Overview
app.ledger.vereon.tech
Day to dayOverviewSalesPurchasesBankingYour booksItemsReports
Noor Traders
New invoice
3 invoices are overdue: Rs 176,000.00 to collect
Profit · Rs 186,400.00
Customers owe you · Rs 1,214,000.00
You owe suppliers · Rs 1,060,000.00
Meezan current account · Rs 1,486,000.00
Ledger opens on the Overview: a Getting started list while you set up, the quick actions (New invoice, Record a bill, Add an expense, Record a payment), What needs doing (overdue invoices, supplier bills due this week, bank lines to match), and How it's going: your income and costs, your profit, what customers owe you and what you owe suppliers, and each cash and bank balance. It's at app.ledger.vereon.tech, on a laptop or a phone, and everyone on your team signs in as themselves.

Try it

Opens Ledger. You'll be asked to sign in first; new businesses get a free week, no card needed.

Open the Overview

Quick check

2 quick questions. Pick an answer and Leo will tell you how you did.

1. What does picking Pakistan as where your business is set up for you?

Only the languageRupees, Karachi time, sales tax rates and a chart of accounts for PakistanNothing until you add it by hand

2. Your financial year ends on 30 June. What do you have to do in Ledger?

Close the year with a special routineNothing: the new year's reports start from zero by themselves

Try it in Ledger, free for a week

Every lesson's Try it opens the real page, with Leo pointing the way.

Get started Sign in

Free for the first week · no card to start · Rs 1,500 a month afterFree for the first week · no card to start · £5 a month afterFree for the first week · no card to start · $6 a month after