Recurly General Ledger Account API
A general ledger account is an account of record used to sort, store and summarize a company's transactions. Recurly supports the balance sheet (Liability) account and income (Revenue) account to be attached to business entities, plans, or at the item level. When invoices are created, system can default to the accounts based on the GL Accounts attached at the plan/item level. The accounts can be defaulted from the business entity level as well. These accounts will be used in the Revenue Recognition module to create the revenue journals that can be posted into Merchant GL system. Revenue and Liability accounts can defined in the system using this API or via the General Ledger Accounting page in the Admin UI and then used at the plan/item level. Recurly allows merchants to default the accounts at the following levels: - Business Entities (default) - Plans - Base Price - Setup Fee - Add-ons - Items - Charges - Gift Cards - Shipping Methods - Credits If you are interested in Recurly Revenue Recognition features, please contact a Recurly customer service representative.