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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Organizations that operate on a project basis encounter a variety of complex accounting and financial reporting obligations, stemming from both internal dynamics and an increasingly demanding regulatory landscape. Within these organizations, project accounting often transcends various organizational structures and geographical locations, as matrix management necessitates adaptable project reporting solutions. Projects can vary greatly in duration, ranging from just a few days or weeks to several years, during which budgets are subject to numerous revisions. Furthermore, the challenges of regulatory compliance and the imperative for clear revenue recognition add additional pressure to the project accounting process. Balancing these diverse requirements through a unified accounting software system demands minimal administrative burden while maximizing flexibility, making it a formidable task for project-based organizations. Ultimately, success in this area can significantly enhance operational efficiency and financial accuracy.

Description

Stripe Revenue Recognition simplifies the process of accrual accounting, allowing for a swift and precise closing of your financial books. By automating and tailoring revenue reports, it aids in adhering to IFRS 15 and ASC 606 revenue recognition standards effortlessly. As your business expands, managing revenue can quickly turn into a cumbersome and error-prone task. That's why we've integrated a revenue recognition feature directly into Stripe, enabling you to automate the accounting process for your transactions and billing agreements. Our solution adeptly manages intricate situations, including upgrades, downgrades, prorations, refunds, and disputes without hassle. With reliable data at your fingertips, you can prepare financial statements that are ready for audits and attain a complete understanding of your business operations. You can easily access all your Stripe transactions and terms while also importing data from non-Stripe sources through the dashboard. Plus, you can generate accounting reports that come pre-configured, eliminating the need for dedicated engineering resources and allowing you to focus on what truly matters—growing your business. This seamless integration ensures that all aspects of your revenue accounting are handled efficiently, giving you peace of mind.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Adyen
PayPal
Payrix
QuickBooks Online
Square POS
Stripe
WePay
Zoho CRM

Integrations

Adyen
PayPal
Payrix
QuickBooks Online
Square POS
Stripe
WePay
Zoho CRM

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Epicor Software

Founded

1972

Country

United States

Website

www.epicor.com/en-us/industry-productivity-solutions/modules/planning-and-scheduling/project-accounting/

Vendor Details

Company Name

Stripe

Founded

2010

Country

United States

Website

stripe.com/revenue-recognition

Product Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Product Features

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Alternatives

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