You have term agreements, which means you have revenue recognition needs and you need a system to help with renewals. You might rely on SFDC or a spreadsheet for some of the work. And, you might use a Quickbooks custom field, memorized report, or the job end date to help you know when an agreement is up for renewal, but you are here because in the end, neither Quickbooks nor the spreadsheet really does and adequate job of helping you manage your term agreements.
Total Term Agreement Renewal Management for Quickbooks
Revenue Books is a complete and integrated solution for Term Agreement & Revenue Management for users of Quickbooks.
Revenue Books holds your SaaS revenue and agreement information, including contract elements for term 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 term contract element, including subscriptions and one-time items. Revenue Books generates one-time, annual, monthly, quarterly or one-off invoices for each term agreement 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-to-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.
syncs revenue-related information with QuickBooks. Customers and invoices created in Revenue Books are sent down to Quickbooks. Customers and invoices created or modified in QuickBooks are sent 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 provides everything you need for term agreement management, including revenue rec, invoicing, reporting, and term renewal management. Revenue Books syncs it all seamlessly with your desktop Quickbooks! It is all so easy, so fast, and so affordable. With the Revenue Books solution, you get complete agreement and renewal management for QuickBooks, with:
- Term Contract - Digital Contract Storage
- Renewal Alerts & Reports
- Term Contract Element Tracking
- Automatic Revenue Schedules
- Automatic Invoicing Schedules
- Complete Synchronization with QuickBooks
- Deferred Revenue Calculations
- Unbilled AR Calculations
- Automatic Rev Rec Journal Entires
- Limitless Churn, Renewal, and MRR reports
And, all this at prices you can easily afford.