Chart of Accounts object
The chart of accounts for the general ledger of a business on Layer’s platform. A general ledger is automatically created when a Business is created via the Create a Business endpoint.
Attributes
Resource type. Value will be “Chart_Of_Accounts”.
Array of Ledger Accounts within the Ledger with their entries and balances omitted.
Ledger Account object
An account within the chart of accounts for the general ledger.
Unique identifier of the ledger account.
Account name
Stable identifier for templated account.
Human readable description for this ledger account.
An array of Ledger Account objects representing child accounts of this ledger account.
Balance of the account, in cents.
Account balance normality.
Values can be: DEBIT
, CREDIT
Type of the ledger account.
Values can be: ASSET
, LIABILITY
, EQUITY
, REVENUE
, or EXPENSE
Subtype of the ledger account.
Values can be: BANK_ACCOUNTS
, ACCOUNTS_RECEIVABLE
, INVENTORY
, PAYMENT_PROCESSOR_CLEARING_ACCOUNT
, FIXED_ASSET
, CASH
, UNDEPOSITED_FUNDS
, LIABILITY
, ACCOUNTS_PAYABLE
, CREDIT_CARD
, SHAREHOLDER_LOAN
, PAYROLL_LIABILITY
, SALES_TAXES_PAYABLE
, LINE_OF_CREDIT
, NOTES_PAYABLE
, TIPS
, UNEARNED_REVENUE
, UNDEPOSITED_OUTFLOWS
, CONTRIBUTIONS
, DISTRIBUTIONS
, COMMON_STOCK
, ADDITIONAL_PAID_IN_CAPITAL
, RETAINED_EARNINGS
, ACCUMULATED_ADJUSTMENTS
, OPENING_BALANCE_EQUITY
, REVENUE
, SALES
, UNCATEGORIZED_REVENUE
, RETURNS_ALLOWANCES
, EXPENSE
, COGS
, OPERATING_EXPENSES
, PAYROLL
, TAXES_LICENSES
, BAD_DEBT
, or CHARITABLE_CONTRIBUTIONS
Array of Ledger Account Line Item objects representing ledger entries recorded in this account.
Journal Entry object
A journal entry within the general ledger.
Unique identifier of the journal entry.
ID of the business associated with this journal entry.
ID of the general ledger containing this journal entry.
Entity that created the journal entry.
Type of entry.
Example values: INVOICE_PAYMENT
, EXPENSE
Array of Ledger Account Line Items comprising the Journal Entry.
Ledger Account Line Item object
A ledger entry within a ledger account.
Unique identifier of the ledger account line item.
ID of the Journal entry the ledger account line item was part of.
Simplified Ledger Account object containing this line item.
Direction of line item.
Values can be: DEBIT
, CREDIT
Timestamp of the financial transaction associated with the line item.
Timestamp when ledger entry was added to the ledger account.