Stripe Revenue Recognition
This revenue recognition software automates accrual accounting, allowing businesses to efficiently manage complex revenue scenarios, including upgrades, refunds, and disputes. It simplifies compliance with IFRS 15 and ASC 606 standards, generating ready-to-use financial reports while seamlessly integrating Stripe and non-Stripe transaction data for accurate financial oversight.
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Top Stripe Revenue Recognition Features
- Automated accrual accounting
- Compliance with IFRS 15
- Compliance with ASC 606
- Handles complex revenue scenarios
- Supports upgrades and downgrades
- Automates proration calculations
- Manages customer disputes efficiently
- Facilitates refunds and adjustments
- Import non-Stripe revenue data
- Out-of-the-box accounting reports
- Custom revenue recognition rules
- Trace revenue back to transactions
- Integrates with Salesforce CPQ
- Supports international currency conversions
- Exclude test transaction revenue
- Seamless audit preparation
- Automates deferred revenue calculations
- Custom chart of accounts
- Streamlined general ledger mapping
- Simplifies financial reporting process
