Eleven
Multi-entity general ledger for accounting firms and family offices, with AI document capture and per-entity pricing
Some outbound links may earn The AI Ledger a commission. Editor scores and verdicts are never influenced.
About Eleven
Eleven is a cloud general ledger built for accounting firms and family offices that keep books for many client entities, rather than for a single business. It provides a multi-entity ledger, approval workflows, automated bank feeds with PDF statement extraction, role-based access and audit logs on every transaction, with reporting and dashboards. The company is Eleven Pte Ltd, and its website is now eleven.run.
AI-assisted capture reads invoices, receipts and bills, which the company says reaches more than 95% accuracy, and pattern learning adapts to each client's GL coding, with every result reviewable and editable. The site claims support for more than 170 currencies, with realised FX gains and losses, period-end revaluation and IAS 21 compliance. It offers full data import from Xero, QuickBooks and most major systems, and says most firms migrate within 30 days. Security measures listed include AES-256 encryption at rest, TLS 1.3 in transit and GDPR-aligned processes; its SOC 2 Type II programme is under way rather than complete.
Pricing is published, by entity, with volume discounts, and there is a 14-day free trial without a card. It is aimed at accounting firms handling from about ten to several hundred client entities, and at single and multi-family offices.
Key Features
- Multi-entity general ledger with approval workflows and audit logs
- AI capture of invoices, receipts and bills with editable results
- 170+ currencies with FX revaluation and IAS 21 support
- Automated bank feeds and PDF statement extraction
- Data import from Xero, QuickBooks and other major systems
Our in-depth review
Eleven asks accounting firms to do something bold: stop keeping each client in a separate QuickBooks or Xero file and run them all in one multi-entity ledger the firm controls. The pitch is a smaller subscription bill and less switching between dozens of client logins.
What it does well. The economics are the headline. Firm plans start at 149 US dollars a month for five entities, per-entity plans run from 35 to 40 dollars, and the company's own worked example puts 400 entities at 24 dollars each, which can undercut a separate Xero or QuickBooks subscription per client once a firm has dozens. Multi-currency handling with revaluation and IAS 21 support is stronger than many SME ledgers, which suits family offices and international holding structures. A 14-day trial without a card, using either a test environment or one or two of your own entities, is a reasonable way to judge it.
Where it falls short. Moving clients off Xero or QuickBooks cuts them off from app ecosystems, bank rules and accountant familiarity. I found no MTD for VAT or HMRC filing, a deal-breaker for most UK VAT-registered clients. SOC 2 Type II is still in progress. The pricing page contradicts itself: two different volume-discount tables, and implementation and migration described as chargeable on one card, free in the FAQ. Annual plans need three months' notice after the first term, and you get a month to export CSV data after cancelling. Independent reviews are scarce and the accuracy figure is the company's own.
Best for. Family offices and firms managing many holding companies, investment vehicles or international entities that need multi-currency consolidation rather than UK VAT filing. Firms whose clients are mainly VAT-registered UK trading businesses should stay with Xero or QuickBooks and add a close tool such as Double or Xenett.
Verdict. A low-cost multi-entity ledger with real multi-currency strength, held back by missing UK compliance, an unfinished security audit and muddled pricing; get the total cost and exit terms in writing before moving anything important.
At a glance
- Category
- Month-end close
- Best for
- 2–10 practice
- Editor's score
- 4.2 / 5
- Pricing
- Firm plans from $149/month for 5 entities ($449 for 20; Enterprise from $999); per-entity plans $35-40/entity/month; family office plans from $599/month; volume discounts; 14-day free trial, no card
- Last verified
- 2026-10-11
A low-cost multi-entity ledger with strong multi-currency handling for firms and family offices, but no MTD support, SOC 2 still in progress and contradictory pricing terms.
Integrations
- Standalone general ledger
- Xero (import)
- QuickBooks (import)
- Power BI
- Excel
Not sure it's the one?
Tell us what your practice needs and our editor will email you a shortlist of the best-fitting month-end close tools, ranked by score. Free.
Get a vetted shortlist →
Get the weekly brief
New AI tools for accountants land every week. Get the 5-minute Friday brief, free.