Like most start ups, you begin with QuickBooks. It's inexpensive and easy to implement. The lack of revenue management is a huge gap, but there are few affordable options. So, you start with Quickbooks and you record your various SaaS revenue components in a spreadsheet.
And then your business begins to grow and grow and that revenue spreadsheet just becomes more and more painful to deal with. So, her you are looking for something that works with Quickbooks so you can avoid that expensive and time-consuming jump to another accounting systems.
SaaS Revenue Management for Quickbooks Made Easy
Congrats- you found us, you found Revenue Books, the QuickBooks integrated SaaS revenue management solution.
How Does SaaS Revenue Management for QuickBooks Work? Easy!!!
First, Revenue Books holds your SaaS revenue and contract information, including contract elements for subscriptions, licenses, maintenance agreements, usage fees, pro services or any other elements. Using the over two dozen revenue recognition templates or the manual override, Revenue Books generates revenue schedules for each contract element, including subscriptions and one-time items. Revenue Books generates one-time, annual, monthly, quarterly or one-off invoices for each element. With all the required revenue recognition schedules and invoices, Revenue Books then calculates all important revenue recognition information, including deferred revenue and unbilled AR balances and period changes. Fast and simple reporting makes it easy to see revenue by customer, contract, or in aggregate. You can even report and view by different business units, divisions, or currencies.
Second, RevenueBooks™ syncs revenue-related information with QuickBooks. 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 sends journal adjustments to record recognized revenue in the appropriate QuickBooks income accounts, while making debits and credits to the appropriate deferred revenue and unbilled AR balance sheet accounts.
Revenue Books is easy-to-use and extremely affordable. And, it’s fully integrated with QuickBooks. Whether you are just getting started with QuickBooks or you want to defer that big, expensive step up to another accounting system, let Revenue Books make your SaaS revenue management a snap.
“This is the single best investment we've made for the business in 5 years.”
“SaaSOptics has pulled SaaS revenue recognition out of the dark ages!”
“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
Projects is a unique and powerful on-boarding and implementation management control function that makes it easy to manage your books while your customers are being on-boarded.
If on the date you receive an order you don’t know the exact dates of all the invoicing events, revenue events, or subscription term dates, management of financial records can get complicated. And the complication grows with order volume.
You need a control system. You need SaaSOptics Projects.