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The B2B Subscription Manager

Software Revenue Recognition Spreadsheet

Managing a Software Revenue Recognition Spreadsheet?

Revenue Recognition in a spreadsheet is a good idea at first, but not for long …

Close quickly, speed through audits, ensure accuracy with fast and accurate GAAP revenue reporting.

Revenue Schedules

Contract Audit

Looking for a replacement for that software revenue recognition spreadsheet because you use QuickBooks. Until now, you thought a spreadsheet was the only solution.

RevenueBooks provides complete software revenue recognition management and is fully and complete integrated with QuickBooks. RevenueBooks manages rev rec, deferred revenue, invoicing, and contract management for SaaS, subscription and other recurring revenue businesses.

You start with QuickBooks because it is quick to implement and affordable. For a term subscription or other recurring revenue business with term agreements and revenue recognition issues, QuickBooks has a huge gap - it has not revenue management function.

So, you build a software revenue recognition spreadsheet. That spreadsheet includes customer information and contract information and included all your subscription revenues. It's easy to build and works well for your first handful of customers.

When your business begins to grow, so do the problems and issues with managing your software revenue with that spreadsheet.

Software Revenue Recognition Spreadsheets - No More

For companies that rely on QuickBooks and that have software revenue recognition, Revenue Books is the answer. RevenueBooks™ provides complete, integrated software revenue recognition for QuickBooks.

Revenue Books holds your all your contract information, including contract elements for subscriptions, licenses, maintenance agreements, usage fees, and professional services. Revenue Books generates revenue recognition schedules for each contract element, including software subscriptions. Revenue Books also generates one-time, annual, monthly, quarterly or one-off invoice schedules for each element.

With complete software revenue recognition schedules and all the contract invoices, Revenue Books automatically calculates your revenue recognition, deferred revenue, and unbilled AR.

Customers and invoices created in Revenue Books are synced down to Quickbooks. Customers and invoices created or modified in QuickBooks are synced up to Revenue Books. Revenue Books also generates journal entires to record recognized revenue in the appropriate income accounts in QuickBooks, providing the debits and credits to the appropriate deferred revenue and unbilled AR balance sheet accounts.

Whether you are just getting started with your subscription business or QuickBooks or you want to defer that complex and expensive step up to another accounting system, let Revenue Books make your revenue recognition a snap.
QuickBooks Deferred Revenue

“This is the single best investment we've made for the business in 5 years.”

QuickBooks Revenue Recognition

“SaaSOptics has pulled SaaS revenue recognition out of the dark ages!”

QuickBooks Subscription Billing

“With RevenueBooks, invoice entry time was reduced by by 75%.”

Remove risk, improve company valuation, speed through audits, and always be prepared for board meetings, investments, and m&a!

• Easy GAAP-compliant subscription revenue recognition
• Best practices daily computation and 25 other methods
• Close dates, with close period revenue catch-up
• Support for professional services rev rec
• Revenue allocation
• Milestone triggered revenue recognition
Robust invoicing & payment functions for maximum efficiency and improved cash flow:

• Annual, quarterly, monthly, ad hoc, and 18 other invoicing options
• Milestone triggered invoicing
• Complete syncing with QuickBooks
• Email invoices from SaaSOptics
or from QuickBooks
• Support for bundled Items and sales tax
• ACH and card payments through Intuit or Stripe
As if subscription invoicing and revenue recognition weren’t complex enough, you also need all kinds of unique analytics to run a subscription business:

• MRR Momentum™ for MRR and ARR reporting
• Customer Lifetime Value
• Cohort Reports
• Renewal Rates and Churn
• Bookings
• Revenue and cash projections
In B2B, it’s not about recurring credit card payments. It’s about land-and-expand, managing renewals, and sometimes complex negotiated contracts:

  • Never miss a renewal or invoice
  • Extend, upgrade, and early terminate
  • View upcoming expirations and invoices
  • Sync subscriptions to Salesforce for renewal management

SaaSOptics delivers the most comprehensive and accurate subscriptions metrics in the market.

Let’s Get Started

SaaSOptics is the only purpose-built B2B SaaS Subscription Financial Operating Platform, built from the ground up to meet the needs of B2B subscription businesses from ear;y stage to mature.

Now serving over 450
customers, and over $3 billion in annual subscription revenue and invoicing.
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