A ledger is a set of books attached to one of your invoicing entities. All journal entries, accounts, and accounting rules are scoped to a ledger. You can create multiple ledgers per invoicing entity to maintain separate books for different purposes — statutory reporting, management accounts, consolidation adjustments, and so on.
Create a ledger
To create a ledger, go to Accounting and click Create ledger.
You will be asked to configure:
- Name — a label to identify the ledger (e.g. “Statutory – IFRS”, “Management”)
- Invoicing entity — the entity this ledger is attached to
- Currency — the functional currency for this ledger; amounts in other currencies are converted using the exchange rate at invoice time
- Journal entry pattern — the numbering format for journal entries (e.g.
JE-{YYYY}-{number})
- Ledger type — the starting chart of accounts and configuration to apply (see ledger types below)
If you plan to sync this ledger with an external accounting provider, select the account standard that matches your provider’s chart of accounts — this simplifies the account mapping later.
Ledger types
Hyperline supports the following ledger types, each pre-configured with a matching chart of accounts:
| Type | Purpose | Default account set |
|---|
IFRS | International statutory reporting | International template (1000s assets, 4000s revenue, 6000s expenses) |
US_GAAP | US statutory reporting | ASC 606 revenue accounts with CECL allowance for credit losses (ASC 326) |
UK_GAAP | UK statutory reporting | FRS 102 naming (Trade Debtors, Deferred Income, VAT Output) |
FR_GAAP | French statutory reporting | Plan Comptable Général codes |
LOCAL_GAAP | Other local statutory reporting | International template (same as IFRS) |
MANAGEMENT | Internal reporting, ARR/MRR tracking | M-codes for ARR/MRR bucketing (new, expansion, churn) |
CONSOLIDATION | Group-level eliminations and adjustments | Minimal intercompany and adjustment accounts |
AUDIT_ADJUSTMENT | Post-close corrections | Same as consolidation |
Edit a ledger
To update a ledger’s name or entry pattern, go to Accounting > Settings and click Edit ledger.
Delete a ledger
Ledgers can be deleted from Accounting > Settings. Deleting a ledger permanently removes its accounts, rules, and journal entries.
Deleting a ledger is irreversible. Make sure you no longer need the ledger’s history before proceeding.
