Bank deposits in. Tax-ready invoices out.
Ledgerline reads your bank feed, works out who paid you and what for, rebuilds the invoice you never sent, and files the whole year under the right Schedule C lines. Built for freelance designers who would rather be drawing.
Start the 30-day trial See a bank line get matched
Reads 12,000+ US banks and credit unions through Plaid. The connection is read-only: Ledgerline can list your transactions and nothing else.
Your bank statement is a record of your income. It just doesn't look like one.
Five deposits from one designer's March and April. Every one of them arrived as a string of codes.
03/04 ACH CREDIT STRIPE TRANSFER ID:7782 WEB 03/11 SQ *MERIDIAN S 03/11 CARD 4471 03/19 PP*ADA OKONKWO 4471 INST XFER 04/02 WISE PAYOUT 8834 REF LOOM 04/14 INCOMING WIRE TLX4471 /BLUEBIRD/
| Date | Payer | For | Amount |
|---|---|---|---|
| 03/04 | Kestrel & Co. | Website redesign, phase 2 | $6,000.00 |
| 03/11 | Meridian Studio | Logo and brand kit | $2,400.00 |
| 03/19 | Ada Okonkwo | March retainer | $1,500.00 |
| 04/02 | Loom Atelier | Investor pitch deck | $1,900.00 |
| 04/14 | Bluebird Coffee | Retail packaging, 42 SKUs | $4,200.00 |
| Income, March to April | $16,000.00 | ||
Only one of those five memos names the payer in full. Ledgerline matched the other four on amount, timing and pattern, then asked once to confirm the payer hiding behind "STRIPE TRANSFER ID:7782".
How it reads a feed
Ledgerline connects read-only, pulls up to 24 months, and splits the money into in and out. Then it does the part a statement cannot: it decides.
- Who paid
- Matches each deposit to a person or company using the memo, the amount, the timing, and anything you have invoiced before. Correct one — say SQ *MERIDIAN S is Meridian Studio — and every deposit that fits the pattern, two years back and forward, is fixed with it.
- What for
- Rebuilds the invoice from the deposit itself: the date the money landed, the amount, the payer, and the last four digits of the transaction as a reference your accountant can trace straight back to the statement.
- What it counts as
- Sorts every line into a Schedule C category and remembers what it learns. Adobe, Figma and Framer go under Software. Studio rent goes under Rent. A lunch with a client goes under Meals, at the deductible 50%.
- When it repeats
- Notices a deposit that keeps coming back — a retainer, a subscription client — and marks it as recurring income, so your quarterly set-aside stops swinging on a quiet month.
The part you hand over in April
One export, four files, named for the tax year and ready to attach or paste straight into a return.
- income-by-client-2026.csv Every deposit, matched and dated — date, payer, description, amount. This is gross receipts, already totalled and sorted by client.
- schedule-c-worksheet-2026.pdf Line 1 (gross receipts) and each expense category with its total, laid out in the order Schedule C asks for them.
- expense-ledger-2026.csv Every business expense with its category and the card or account it came off. Meals shown at the deductible 50%.
- quarterly-estimates-2026.pdf What to set aside for April, June, September and January, recalculated as the year's income moves.
1099 watch. Once a client has paid you $600 in a year, they owe you a 1099-NEC. Ledgerline keeps the running list and flags the ones who have not sent one by the end of January.
One price. Not one per invoice.
$22a month
$216 a year if you pay upfront — two months free.
Every feature, every account: unlimited bank and card connections, unlimited clients, 24 months of history on connection, and exports whenever you want them. Matching does not stop at a tier.
To compare: rebuilding a year like the one above by hand runs an accountant four to six hours — $300 to $900 at typical rates, and only once.
What Ledgerline does not do. It will not file your return, and it cannot move money. It prepares the numbers; you or your accountant file them.
Start the 30-day trial No card to start. Cancel from settings.
It reads your bank. It cannot touch it.
- Read-only, by construction
- Ledgerline connects through Plaid and never sees or stores your bank password. The connection can list transactions. It cannot do anything else.
- No way to move money
- There is no transfer, no payment, no debit, no card to add. The permission for it simply is not in the connection.
- Yours to take
- Export everything as CSV whenever you like. Delete your account and its data in one action from settings — no email to support required.
- Not for sale
- Your transactions are not sold, not shared, and not used to train third-party models.
Questions that come up
My statements are a wall of Square, Stripe and PayPal codes. Can it still tell who paid me?
That is the normal case, not the exception. Ledgerline reads the memo, the amount and the timing, then asks you once when it is genuinely stuck. One correction spreads to every deposit that fits the pattern — two years back and forward from today.
Do I have to have sent invoices in the first place?
No. Most people have not. Ledgerline builds them from the deposits, because the money in your account is a firmer record than the paperwork you meant to do. Any generated invoice can be edited before it goes to your accountant.
Half of my spending is personal.
Tag each account business-only, personal-only, or mixed. On a mixed account, mark one transaction personal and the rule sticks for that merchant. Transfers between your own accounts are ignored rather than counted as income or expense.
I put everything on a business credit card too.
Add it exactly like a bank account. Card charges arrive with a suggested category, land in the expense ledger, and total under the same Schedule C lines as your bank spending.
Clients pay me in cash and Venmo.
Add those by hand — a few seconds each, and the entry lands in the same ledger and the same totals as everything else. Ledgerline will not invent data it cannot see.
Is any of this tax advice?
No. Ledgerline prepares clean records and a Schedule C worksheet. Your return stays yours, or your accountant's, to file.
What if I already keep a spreadsheet?
Keep it. Every view exports as CSV or PDF, so Ledgerline can sit upstream of whatever you already do.