Sumo Ledger is an API-first ledger engine for business applications. It can transform the business events produced by business applications into proper accounting entries.
A ledger is a system that records accounts and movement of money (or lets say value in general) between them. SumoLedger runs on a ledger system that is immutable, supports multi-currency, maintains double-entry accounting for transactional consistency and supports a transactional state-machine.
SumoLedger provides no-code configuration APIs, to define the accounting policies and controls. This approach ensures a separation of concern where the finance and accounting team define the configuration(accounting policies and controls) and technology team produce the business-events for an automated and real-time accounting.
