Revenue Recognition Coming soon
Complex revenue recognition, made simple
Streamline your accrual accounting with automated journal reports, aligned with your process. ASC606 and IFRS15 compliant.
Journal reports
Invoiced revenue
£42,936.04
Recognized revenue
£96,316.10
Invoiced revenue
£42,936.04
Feb 2024
Deferred revenue
£1,000.00
Recognized revenue
£1,000.00
Total
£2,000.00
Journal Report | accounting period | status | |
|---|---|---|---|
January 2024 | 1 Jan to 31 Jan | Open | |
December 2023 | 1 Dec to 31 Dec | Closed | |
November 2023 | 1 Nov to 30 Nov | Closed | |
October 2023 | 1 Oct to 31 Oct | Closed | |
September 2023 | 1 Sep to 30 Sep | Closed |
Streamline your month-end close with an automated revenue subledger
Automatically recognize revenue for annual contracts and upfront commitments.
Customer
Product
Currency
Journal entries
Information
Customer
Acme Ltd
Product
Platform fee
Journal reports
January 2024
Last updated
31 Jan 2024, 12:34
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Feb 2024
Deferred revenue
£1,000.00
Recognized revenue
£1,000.00
Total
£2,000.00
Entries
Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|
30 | 31 | 1 | 2 | 3 | 4 | 5 |
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 |
Customize your revenue recognition rules
Flexible configurations to match your existing process and General Ledger conventions.
Configuration
Sequence ledger account
Map by
+ Add another product
Ledger account
Code
+ Add another ledger account
Import journals into your ERP
Replace countless manual journal entries with a one-click upload.
Download CSV
Journal format
Choose which format you want to download. Learn more