SaaSOptics

MARCH 22, 2022

Revenue accruals are how we do that. Revenue Accrual Definition. Revenue accrual is what occurs when a sale is recognized by the seller, but not yet billed to the customer. It’s a financial practice used in businesses with revenue timelines that would otherwise be delayed. What is the Entry for Accrued Revenue?

Payment Services 83

Payment Services SaaS Payments Deferred Revenue Payment Methods 83

ProfitWell

JULY 8, 2020

In this post, we'll go over what those rules are for the 21 states that have sales tax laws on the books that pertain to SaaS businesses and products. These are the laws as of 2020, but you should always talk to a tax professional as the final word in sales tax & compliance issues. Audit-proof revenue recognition.

SaaS Payments 52

SaaS Payments Payment Services Payment Methods SaaS 52

Chart Mogul

OCTOBER 27, 2017

What's the difference between bookings and revenue? Revenue recognition. ASC 606 and its sister standard IFRS 15 bring a set of structured guidelines for recognizing revenue -- here's what every SaaS business needs to know to meet the deadline and get compliant. Cash is not revenue. What is ASC 606?

Payments 45

Payments SaaS Payments Payment Services Deferred Revenue 45

Chart Mogul

DECEMBER 5, 2018

In this week's lesson, we're tackling the tricky process of converting bookings into revenue — also known as revenue recognition. Repeat after me: cash is not revenue! Revenue recognition is a critical piece of accounting for any business. Definition: what is revenue recognition? Key terminology.

SaaS Payments 51

SaaS Payments Payments Payment Services Revenue 51

Chart Mogul

JUNE 6, 2019

Since then I’ve been in charge of fast and accurate reporting, regulatory compliance, and all the other small things that make sure everyone else can do their job. With all our revenue data captured in ChartMogul , the data it holds is the foundation for many of the reports our team produces regularly and on an ad-hoc basis.

Payment Services 20

Payment Services Finance Payment Solutions SaaS Payments 20

Stax

JANUARY 23, 2024

TL;DR Xero and Quickbooks are two of the most popular cloud-based accounting platforms. In reality, neither platform is necessarily better than the other. The stand-out platform will reveal itself only when assessed against your business needs. Integrations Xero can integrate with over 1,000 third-party platforms.

Payment Methods 88

Payment Methods Payment Solutions Payment Features Software Review 88