Does LedgerLitz support FIFO (First In, First Out)?

Yes — FIFO (First In, First Out) is part of proper bookkeeping in LedgerLitz, reflected in journals and reports rather than cosmetic invoice fields.

Is LedgerLitz free for FIFO (First In, First Out)?

Yes. Full accounting on your device is free — no per-user subscription. Optional Cloud Sync for multi-device access is coming soon.

Yes. After first load of the PWA at /app, invoices, payments, expenses, stock, and reports work offline. Data stays in IndexedDB on your device.

Yes. Trial balance, P&L, balance sheet, GSTR-1/3B prep, party statements, and CA Pack ZIP are built for chartered accountant handoff.

Oldest stock cost is used first when you sell. FIFO values COGS from earliest purchase batches. Essential when purchase prices change weekly.…