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Stripe Revenue Recognition turns complex accrual accounting calculations into automated reports. Close your books same-day, accurately, and in line with IFRS 15 and ASC 606 standards directly from the Stripe Dashboard.
New recurring customer
One-time fee paid
Customer upgrades their plan
New international customer, currency is automatically converted
Customer renews their plan
Customer dispute
Service period adjustment
Customer refund
Revenue data imported from outside Stripe
New recurring customer
As your business grows, accounting for revenue can quickly become tedious and error-prone. We built a revenue recognition solution directly into Stripe, so you can automate GAAP accrual accounting for your transactions and billing terms.
Stripe Revenue Recognition effortlessly handles even the most complex scenarios upgrades, downgrades, prorations, refunds and disputes. With consistently updated data, you can prepare audit-ready financial statements and gain a comprehensive view of your business.
Automatically translate all your Stripe transactions and billing terms into journal entries that map directly to your general ledger accounts. Plus, import non-Stripe data from the Dashboard.
Recognise revenue across 15+ pricing models including usage-based and hybrid billing.
Create and automate custom rules to recognise revenue in line with your performance obligations, and map it to your general ledger accounts.
Close your books faster, and reduce manual spreadsheets by using traceable journal entries and accounting reports that are always ready to use.
Gain a complete view of all your revenue no matter how you earned it. All your subscriptions, invoices, and payment transactions processed on Stripe are already included.
You can import other transactions via CSV files for a unified revenue view. Sync Apple App Store and Google Play data with Revenue Recognition to automate accounting for in-app purchases.
Adyen
Bill.com
Braintree
Chase Paymentech
Checkout.com
Dwolla
GoCardless
PayPal
Payrix
QuickBooks
Sage Intacct
Square
Wave
WePay
Worldpay
Zoho
Card payments
Wallet payments
Cheque payments
Fulfilment schedules
Service terms
Stripe Invoicing
Stripe Billing
Stripe Payments
Stripe Connector for Apple App Store *
Stripe Connector for Google Play **
Instantly review detailed tables, charts, and journal entries following ASC 606 and IFRS 15 accounting standards to get a snapshot of your business.
Eliminate manual accounting for new pricing strategies. Stripe Revenue Recognition automatically calculates revenue allocations for all Stripe billing models, including pay-as-you-go and metered models no code needed.
Customize and automate rules to handle different revenue types in line with your accounting practices.
Define revenue recognition schedule for shipments
Apply to
Payments matching ground shipment
Treatment
Recognise 7 days after payment is received
Ensure passthrough fees are handled
Apply to
Invoice line items matching fees
Treatment
Treat as passthrough fee
Define recognition schedule based on service fulfilment
Apply to
Product ID matching prod_Jqo2bBLbemZkRw
Treatment
Recognise on service period start date
Define recognition schedule upon payment events
Apply to
Product description matching monthly subscription
Treatment
Recognise over 30 days
Ensure taxes are handled
Apply to
Invoice line items matching tax
Treatment
Treat as tax
Exclude test transactions
Apply to
Invoice line items matching test
Treatment
Exclude transactions
Define custom revenue treatment for large invoices
Apply to
Invoice amounts greater than HK$5,000.00
Treatment
Recognise 50% on payment and
Define custom revenue schedule for select customers
Apply to
Customers with ID matching cus_JqwbjAKZ8z5MGL
Treatment
Recognise over 2 years
Switching from cash accounting to accrual accounting
Apply to
All line items before 1st Mar 2021
Treatment
Recognise on invoice finalisation
Exclude revenue from select customer invoices
Apply to
Customers with email matching test@stripe.com
Treatment
Exclude transactions
Define custom schedule for invoices
Apply to
All invoice line items
Treatment
Recognise over service period
Exclude revenue from destination charges
Apply to
Destination charges
Treatment
Exclude transactions
Reallocate revenue
Apply to
Invoice line items matching bundle
Treatment
Recognise 25% when paid, 75% over service
Define multiple fulfilments
Apply to
Invoice line items matching services
Treatment
Recognise 40% when paid, 30% after 2 days
Control when revenue is booked
Apply to
All invoice line items
Treatment
Recognise over line item service period
Trace journal entries down to the customer, invoice, and account level with consistently updated data.
Access journal entries and financial reports that are updated as transactions post. Compare performance across any time period, and export to your accounting systems and general ledger.
Deferred Revenue
Tax Liability
HK$6,540,932.17
HK$593,359.54
Accounts Receivable
HK$5,238,134.99
Accounts Receivable
Cash
Revenue
HK$480,505.12
HK$49,867.09
HK$4,732,093.97
Cash
HK$7,139.13
Cash
HK$643.90
HK$8,952,397.76
HK$2,673,922.73
HK$72,848,670.84
HK$7,420,048.94
HK$2,124.02
HK$790.75
HK$11,561,915.53
HK$614,839.76
HK$444.94
-HK$21.67
HK$13,540.04
-HK$12,594.05
HK$30,521,615.12
HK$4,708,445.83
HK$1,334,102.43
HK$166,371.25
HK$104,897.12
HK$37,078.34
Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Expenses
Expenses
Gains
Losses
Were moving everything to Stripe, so all of this complex work will disappear. Before Stripe, closing our books meant checking each contract manually and pasting them into an Excel file with a very complicated formula. We cant be done with that soon enough.
, Accountant, Productboard
Automatically recognising revenue with Stripe gives me peace of mind because the data is accurate. Stripe does all the calculations of deferred revenue, plus I can use transaction overrides to make historical updates.
, Founder & CEO, ContactMonkey
I cant emphasise enough how important it is that Stripe offers a revenue recognition product built-in. It saves us days at our monthly close and frees up our accounting teams to focus on more value-added activities.
, Controller, LogRocket
We need to reconcile all kinds of payments monthly, up-front, and even per container. Theres no room for error as we need to be GAAP compliant. With Stripe, revenue recognition is built in and automated.
, Cofounder and CEO, Terminal49
Simplify revenue recognition and ASC 606 and IFRS 15 compliance with Stripe.
Grow faster and operate with more agility using our revenue and finance automation platform.
Subscriptions and invoices for recurring payments.
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