Your revenue lives in the billing tool. Aleq makes it the ledger.
Aleq is the books for subscription businesses — it recognizes revenue under ASC 606 as you bill, keeps the deferred schedule current to the day, and ties MRR, ARR, and retention back to a sealed general ledger.
Revenue rec is spread across Stripe, a spreadsheet, and hope.
Your contracts sit in Stripe or Recurly, the performance obligations live in a deferred-revenue tab, and someone reconciles the two by hand every month-end. Usage-based lines get true-ed up late, mid-term upgrades break the waterfall, and the ARR you report to the board never quite ties to the GL. Aleq collapses that into one ledger that recognizes as it bills.
A customer upgrades mid-term. The waterfall re-cuts.
Mid-term changes are where the deferred schedule breaks. Aleq re-allocates the remaining price, books the catch-up, and rebuilds the waterfall — the moment the plan changes.
The books for saas & subscription, run for you.
Aleq is the system of record and the controller that runs it — it does this work autonomously, inside your policy, and signs every move. Not a tool your team feeds; the colleague that closes the books.
And it runs the rest of your close, too.
Revenue is the hard part for SaaS — but Aleq is the whole ledger. The same engine reconciles the processor, pays the bills, and closes the month.
Charges, refunds, fees, and payouts matched to the bank to $0.00, nightly.
Lockbox and ACH receipts applied to the right subscription, then posted.
AWS, contractors, and SaaS spend captured, matched, and paid on approval.
Accruals, deferrals, and the month sealed — day by day, not in a crunch.
Grants from the cap table, expensed over the service period.
Sales commissions capitalized and amortized over the benefit.
Parent and subs consolidated, intercompany eliminated, one close.
Nexus watched, the provision kept current as the books move.
“The bank emails us a PDF with all the deposits. I open it, pull the check details into a spreadsheet, go into Recurly to apply payments, then log into NetSuite and key in the journal entries. One check is fine. Twenty or thirty is a total time sink.”
Aleq reads the lockbox PDF, applies each payment to the right subscription in Recurly, and posts the cash-application entry to the ledger — the whole batch booked and reconciled before you open the file.
It speaks your accounting natively.
The standards and subledgers your model runs on — derived and posted by Aleq, not configured by you.
Still tying ARR to the GL by hand?
Connect Stripe and your bank read-only. In 48 hours Aleq re-recognizes a closed period under 606 and shows you the deferred waterfall, signed.