Comparison · Light vs Lumion
Light vs Lumion
Lumion is a Swedish bookkeeping program for small companies and sole traders who do their own books, with invoicing, receipts, bank connection, VAT, payroll, year-end and the K2 annual report in one place. Light is one agentic ledger for multi-entity companies, with consolidation, cards, bills, billing and reporting in the same books.
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Light and Lumion, compared
| Feature | Light | Lumion |
|---|---|---|
| General ledger and accounting system of recordLumion: double-entry books on the BAS chart of accounts under K2 rules | Yes | Yes |
| Accounts receivable and customer invoicingLumion: invoices, quotes, order handling and ROT and RUT invoicing, with a customer ledger | Yes | Yes |
| Accounts payable and vendor bill payLumion: supplier invoices are booked and a payment file is created for approval in your bank | Yes | Yes |
| Financial statements (P&L, balance sheet)Lumion: income statement, balance sheet, year-end and the K2 annual report | Yes | Yes |
| Multi-currency accountingLumion: invoices and receipts in currencies such as euro, booked in kronor with exchange differences | Yes | Yes |
| Group consolidation and intercompany eliminationsLumion: books group contributions between companies; group accounts for many companies are outside the product | Yes | No |
| Corporate and virtual cardsLumion: connects to your existing business bank account at over 60 Swedish banks | Yes | No |
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The world's most demanding finance teams run on Light.
Run every entity on one ledger
Lumion keeps the books, invoicing, payroll and the K2 annual report for a small Swedish company. Light holds every entity on one ledger and consolidates as transactions post, with intercompany eliminations included.
- 01
Put spend on the ledger
Lumion syncs transactions from your existing business bank account and creates payment files for supplier invoices. Light issues corporate and virtual cards, captures expenses and pays approved bills from the ledger itself.
- 02
See the group any day
Lumion reports the income statement, balance sheet, general ledger and cash flow for the company. Light reports every entity in real time, with drill-down to the source document and no exports.
When to choose Light
- 01
One ledger for every entity
Add a company, a country or a currency without adding another system.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
Cards and expenses built in
Spend posts to the same ledger as everything else.
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fastest growing companies
See how finance teams run lean and global on Light.
Read customer stories-
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
Tanja, Director of FinanceOmnea -
“Even though we’re three entities, it’s like I’m running a finance department for one entity.”
Thobias, Finance ManagerAlva Labs -
“I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
Cédric, Finance ManagerOper Credits -
“Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
Jeppe, CFOKeyShot
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
Trace every number
Open a report and drill straight into the transactions behind it.
Spending, under control
Expenses, vendors and cards connected to your ledger.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
Cards
Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.
Frequently asked questions
Is Lumion a general ledger?
Yes. Lumion keeps double-entry books on the BAS chart of accounts for small Swedish companies, with year-end and the K2 annual report. Light is one agentic ledger for every entity in a group.
Does Lumion consolidate a group?
Lumion books group contributions between companies, and group accounts across many companies are outside the product. Light consolidates every entity on one ledger as transactions post.
When does Lumion fit?
When you run a small Swedish company, do the books yourself, and want payroll, VAT returns and the annual report in the same program.
Does Light run payroll?
No. Light is not payroll software and does not file tax returns. It covers the ledger, consolidation, cards, bills, billing and reporting.
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