Billing knows your revenue. Aleq makes it the ledger.
Aleq is the books for subscription businesses. It recognizes revenue under ASC 606 as you bill, rebuilds the deferred waterfall on every upgrade and cancellation, and derives MRR, ARR, and net revenue retention from the same journal entries.
Revenue rec is spread across Stripe, a spreadsheet, and hope.
Upgrades break the waterfall, usage trues up late, and the ARR you show the board never quite ties to the GL.
“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.”
- readReads the lockbox PDFthe deposits the bank emails youread
- applyApplies each payment to the right subscriptionin Recurlyapplied
- postPosts the cash-application entryto the ledgerposted
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 month's ratable recognition posts on its own — every schedule current, every entry logged and reversible.
The books for saas & subscription, run for you.
Aleq is the system of record and the controller that runs it. The work runs inside your policy and against your approval thresholds, and every entry it posts is signed, sourced, and reversible.
ASC 606 from the contract. Aleq reads each subscription and usage contract, allocates the transaction price across performance obligations, and posts recognition on the right pattern — ratable, point-in-time, or as-consumed.
Revenue recognition, from the contract to the ARR walk.
Deferred revenue, current to the day
The deferred-revenue subledger is rebuilt continuously. New bookings, upgrades, downgrades, and cancellations re-cut the waterfall and post the catch-up entry with a signed trail.
Usage-based billing, trued up automatically
Metered and consumption lines are accrued from event data and reconciled to the invoice, so unbilled and over-billed usage never strand on a spreadsheet.
MRR / ARR tied to the GL
New, expansion, contraction, and churned MRR are derived from the same journal entries as recognized revenue — so the ARR walk and the income statement agree by construction.
Stripe & Recurly reconciled to $0.00
Charges, refunds, processor fees, and payouts from Stripe and Recurly land in the ledger and reconcile to the bank to the penny, every night.
The processor, the commissions, and the month around your revenue.
Recognition is one subledger of many. Stripe settles, AWS bills, grants vest, and nexus moves — Aleq posts all of it and seals the month.
It speaks your accounting natively.
The standards and subledgers your model runs on — derived and posted by Aleq, not configured by you.
Questions, answered.
Your ARR walk and your income statement stop disagreeing.
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.