Billing and rev rec on one reconciled ledger
Usage-based billing and revenue recognition on one reconciled revenue ledger. LedgerUp is your revenue subledger — it replaces the standalone rev rec engine and posts clean journal entries to your GL.
Billing and rev rec shouldn't live apart
The schedule isn't the hard part. It's that what you bill and what you recognize live in separate systems that never quite tie out.
Billing and rev rec live in separate systems
You invoice in one tool and recognize in another, so every month-end becomes a reconciliation project just to make billed revenue tie out to recognized revenue. The two ledgers drift, and someone has to chase the difference.
Custom contracts don't map to standard schedules
Ramps, mid-term upgrades, usage overages, milestones, and multi-element arrangements all change how revenue should be recognized. Bolting that onto a generic rev rec module means hand-building schedules deal by deal.
Usage revenue gets recognized late — or wrong
Usage is metered in one place, billed in another, and recognized by hand. Variable consideration under ASC 606 is hard enough without the data living in three disconnected systems and a spreadsheet.
Auditors want one trail from contract to revenue
When billing and recognition sit in different tools, reconstructing the link between the signed contract, the invoice, and recognized revenue eats days. Every schedule has to be traced back by hand.
From contract to recognized revenue
One ledger bills it and recognizes it — reconciled by construction, then posted clean to your GL.
Read the contract
Ari extracts the billing and recognition terms from each signed contract — start and end dates, billing schedule, ramps, usage thresholds, and performance obligations — onto one structured record that drives everything downstream.
Bill it on the ledger
Subscriptions, ramps, milestones, and metered usage are all rated and invoiced on LedgerUp's ledger. The same contract record drives every charge — including usage overages — with no separate billing handoff to reconcile.
Recognize revenue on the same ledger
LedgerUp builds the ASC 606 schedules, holds deferred revenue, and recognizes revenue on the very ledger it billed from. Billed and recognized revenue reconcile by construction — there is no second rev rec engine to tie out.
Post clean journal entries to your GL
LedgerUp posts summarized journal entries — recognized revenue, deferred balances, and AR — to NetSuite, Sage Intacct, or QuickBooks. Your accounting system stays the book of record; LedgerUp is the subledger behind the revenue line.
One ledger, wired into your stack
LedgerUp is the revenue subledger between your billing and your books — it pulls billing and usage in, recognizes revenue, and posts journal entries to your GL.
New to ASC 606?
Our guide walks through the 5-step revenue recognition model for B2B SaaS — where teams typically break compliance, and how the link from contract to billing shapes every journal entry.
Read the ASC 606 guidePricing that scales with your revenue
LedgerUp uses revenue-based pricing — you pay based on the billing volume we automate. No per-seat fees, no transaction charges, no surprise costs as you grow.
See pricing detailsRevenue recognition FAQ
Common questions about running billing and ASC 606 revenue recognition on one ledger with LedgerUp.
Does LedgerUp replace my revenue recognition engine?
Yes. LedgerUp is the revenue subledger — it runs ASC 606 recognition on the same ledger it bills from, so you do not need a separate rev rec engine. Recognition schedules, deferred revenue, and variable-consideration estimates all live in LedgerUp. We then post summarized journal entries to your GL (NetSuite, Sage Intacct, or QuickBooks). Your accounting system stays your book of record; LedgerUp is the subledger behind the revenue line.
How is one reconciled ledger different from a separate rev rec tool?
Most stacks bill in one system and recognize in another, then spend month-end reconciling the two. LedgerUp bills and recognizes on the same ledger — including usage — so billed and recognized revenue reconcile by construction. There is no second system to tie out and no drift between what you invoiced and what you booked.
How does this help with ASC 606 compliance?
ASC 606 is a 5-step model, and most compliance gaps trace back to a broken link between the contract, the invoice, and recognized revenue. Because LedgerUp captures contract terms and runs billing and recognition on one ledger, the schedule and the journal entry reflect the actual arrangement — with a clean audit trail back to the signed contract. For the full model and where teams typically break compliance, read our ASC 606 guide.
Read the ASC 606 guideCan it handle ratable, usage-based, and milestone recognition?
Yes. Ari reads how each contract is structured — straight-line ratable subscriptions, usage-based overages, milestone-based delivery, ramps, and hybrid arrangements — and builds the matching schedules on the ledger. Usage is metered, billed, and recognized in one place, so variable consideration ties out instead of being estimated in a spreadsheet. There are no predefined plan templates to maintain.
Read the usage-based revenue recognition guideWhat about deferred revenue?
LedgerUp holds deferred revenue on the ledger and releases it as you satisfy each performance obligation — driven by the same contract terms that produced the invoice. When you bill ahead of delivery, the deferred balance and its release schedule live on the ledger instead of a disconnected spreadsheet, and post to your GL automatically.
Review deferred revenue basicsDo I have to move billing onto LedgerUp to use it for rev rec?
No. LedgerUp is strongest as one ledger for both, but it meets you where you are. If you already bill in Stripe, LedgerUp pulls those invoices, payments, and usage events onto the ledger and recognizes from them. As you move more billing onto LedgerUp, more of the reconciliation disappears — because billing and recognition share one source of truth.
How long does it take to get set up?
Most teams go live within 1-2 weeks. Connect your CRM, billing tool, and accounting system (1-2 hours), configure field and GL mappings (about a day), and test your first automated workflow. No engineering resources or custom development required.
How does pricing work?
LedgerUp uses revenue-based pricing that scales with your business. Book a demo to discuss pricing for your specific volume and requirements.