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, 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.
Upgrades break the waterfall, usage trues up late, and the ARR you show the board never quite ties to the GL.
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 — 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 — Aleq runs it, and the whole close around it: the processor reconciled, the bills paid, the month sealed.
It speaks your accounting natively.
The standards and subledgers your model runs on — derived and posted by Aleq, not configured by you.
Questions, answered.
SaaS companies need ASC 606 revenue recognition, a deferred revenue subledger, and billing-to-bank reconciliation — needs generic tools do not cover, which is why teams end up stitching QuickBooks or NetSuite to a revenue tool and a spreadsheet waterfall. Aleq is an AI accounting platform built to be the general ledger for subscription businesses: it reads each contract and allocates the price across performance obligations under ASC 606, keeps the deferred schedule current to the day, reconciles Stripe and Recurly to the bank to the penny nightly, and derives MRR, ARR, and net revenue retention from the same journal entries as recognized revenue. It connects read-only and is live in 48 hours.
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.