compliance Deferred Revenue Payments Sales 
Stax
MAY 20, 2024
When can revenue NOT be counted as revenue? The concept of unearned revenue can easily trip up SaaS companies that offer subscription services and products on a recurring basis. Unlike when selling ordinary products, you cannot recognize the revenue earned from a subscription all at once.
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. How to Record Revenue Accrual.
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ProfitWell
JULY 8, 2020
Tax laws are complex and, for businesses operating in the United States, every state has their own set of laws that must be followed in addition to federal tax laws. In some states, SaaS companies are required to collect and pay sales tax for their products. 21 states that tax SaaS sales in 2020.
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.
Stax
JANUARY 23, 2024
TL;DR Xero and Quickbooks are two of the most popular cloud-based accounting platforms. The former will deal with purchase orders and ringing up sales at the register, while the latter will need capabilities related to invoicing and managing client records. In reality, neither platform is necessarily better than the other.
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