Revenue recognition
Mo Sharaf, Rosie Gyselynck, Alen Mujezinovic, Kacper Cygan, Kath Smith, Tom Scott ·
Streamline your month-end process with automated journal reports, aligned with your accounting conventions. ASC 606 and IFRS 15 compliant. Learn more in our docs.
What's new
Revenue Recognition is now available for all Sequence customers. Finance teams can automate the manual, error-prone process of creating journal entries for complex B2B SaaS pricing models.
Key features
Flexible recognition methods
- Straight-line for subscriptions and fixed contracts
- Usage-based for consumption billing
- Point-in-time for implementation fees
- Milestone-based for project work
Complex scenarios handled automatically
- Product-level and invoice-level discounts with proper allocation
- Credit notes that reverse revenue from the right accounts
- Minimum fees and true-ups with point-in-time recognition
- Multi-currency contracts with consistent logic
Seamless ERP integration
Export journal entries as CSV files formatted for your ERP system. Replace hundreds of manual entries with a single file upload.
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