Digits calls itself an AI-native general ledger, and means it. Where the two diverge is what happens to the document behind a posting.
Digits describes itself as an AI-native general ledger for business owners and accountants, delivering automated books, month-end close, bill pay, invoicing, and real-time financials. Take that at face value: this is not a product with automation bolted onto a ledger designed in 1998.
So the difference worth deciding on is narrower than a feature list.
Both products start from the position that software should draft the books and a person should review them. Where they diverge is what travels with a posting.
Equated attaches the source document to the posting itself. Not to the transaction beside it, and not to a file library that a human could go find — to the posting. That sounds like a filing detail and is the difference between an input tax credit you can defend and one you have to reconstruct eight months later from a credit card statement and memory.
The second divergence is jurisdiction. Digits is a San Francisco company and its published material describes a US product; it does not document multi-currency, non-US coverage, or tax filing. Equated is built for the cross-border North American case, with GST/HST input tax credits and an optional CPA-reviewed year-end filing as first-class concerns rather than things you handle elsewhere.
Neither of those is a criticism of how Digits is built. They are different products aimed at different books.
Scope. Digits has bill pay and invoicing inside the product; Equated does not, and a business that wants to pay bills and chase invoices from the same place it keeps the ledger should weigh that heavily. Its reporting and dashboards are also the feature its users single out most consistently.
It is also the more established product. If you are choosing partly on how long something has existed and how many people have already found its edge cases, that is a real criterion and it does not favour us.
| Capability | Equated | Digits |
|---|---|---|
| Double-entry general ledger | Yes | Yes |
| Ledger built for automation rather than retrofitted | Yes | Yes |
| Automated month-end close | Yes | Yes |
| Bill pay and invoicing | No | Yes |
| Documented multi-currency and FX | Yes | Not documented |
| GST/HST and Canadian year-end | Yes | Not documented |
| CPA-reviewed year-end filing | Optional add-on | Not documented |
By its own description, yes — Digits presents itself as an AI-native general ledger delivering automated books, month-end close, bill pay, invoicing, and real-time financials. Neither product is automation bolted onto a ledger that predates it.
Its public material does not document multi-currency handling, coverage outside the US, or year-end tax filing. Digits does not publish an answer either way, so treat it as an open question rather than a limitation, and ask them directly if any of it matters to you.
The evidence model and the jurisdiction. A posting carries the document that justifies it rather than referencing one nearby, which is what makes an input tax credit defensible months later. And the product is built for North American cross-border books — USD vendors against CAD bank lines, GST/HST, and an optional CPA-reviewed T2.
Claims about Digits last verified August 20, 2026