Raytio's Financials – Legal Entities (FLE) module defines the organisational structure that underpins all financial processing. It manages legal entities, maps them to ledgers, and tracks business-unit usages that determine how different parts of the organisation participate in financial workflows.
A Legal Entity represents a legally recognised organisation — a company, trust, partnership, or other body — that can enter into contracts, own assets, and incur liabilities. In Raytio, legal entities are the top-level organisational unit for financial reporting: every ledger belongs to exactly one legal entity, and every journal entry is recorded within a legal-entity context.