Payments
Revenue
Money management
Platforms and marketplaces
Revenue recognition software for high-growth businesses
Stripe Revenue Recognition turns complex accrual accounting calculations into automated reports. Accelerate your month end close, 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
Built into Stripe
Take the complexity out of revenue recognition
What’s included
Everything you need to keep your books up to date and accurate
A centralized revenue subledger
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.
Adyen
Bill.com
Braintree
Chase Paymentech
Checkout.com
Dwolla
GoCardless
PayPal
Payrix
QuickBooks
Sage Intacct
Square
Wave
WePay
Worldpay
Zoho
Card payments
Wallet payments
Check payments
Fulfillment schedules
Service terms
Stripe Invoicing
Stripe Billing
Stripe Payments
Stripe Connector for Apple App Store ® *
Stripe Connector for Google Play **
Same-day automated accounting reports
Instantly review detailed tables, charts, and journal entries following ASC 606 and IFRS 15 accounting standards to get a snapshot of your business.
Automated across billing models
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.
Configurable for your business
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
Recognize 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 fulfillment
Apply to
Product ID matching “prod_Jqo2bBLbemZkRw”
Treatment
Recognize on service period start date
Define recognition schedule upon payment events
Apply to
Product description matching “monthly subscription”
Treatment
Recognize 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 AED5,000.00
Treatment
Recognize 50% on payment and…
Define custom revenue schedule for select customers
Apply to
Customers with ID matching “cus_JqwbjAKZ8z5MGL”
Treatment
Recognize over 2 years
Switching from cash accounting to accrual accounting
Apply to
All line items before 1 Mar 2021
Treatment
Recognize on invoice finalization
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
Recognize 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
Recognize 25% when paid, 75% over service…
Define multiple fulfillments
Apply to
Invoice line items matching “services“
Treatment
Recognize 40% when paid, 30% after 2 days…
Control when revenue is booked
Apply to
All invoice line items
Treatment
Recognize over line item service period
Use current data to audit, analyze, and report revenue
Trace journal entries down to the customer, invoice, and account level with consistently updated data.
Reports
Speed up month-end close
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
AED6,540,932.17
AED593,359.54
Accounts Receivable
AED5,238,134.99
Accounts Receivable
Cash
Revenue
AED480,505.12
AED49,867.09
AED4,732,093.97
Cash
AED7,139.13
Cash
AED643.90
AED8,952,397.76
AED2,673,922.73
AED72,848,670.84
AED7,420,048.94
AED2,124.02
AED790.75
AED11,561,915.53
AED614,839.76
AED444.94
-AED21.67
AED13,540.04
-AED12,594.05
AED30,521,615.12
AED4,708,445.83
AED1,334,102.43
AED166,371.25
AED104,897.12
AED37,078.34
Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Contra Revenue
Expenses
Expenses
Gains
Losses
We’re 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 can’t be done with that soon enough.
Automatically recognizing 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.
I can’t emphasize 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.
We need to reconcile all kinds of payments—monthly, up-front, and even per container. There’s no room for error as we need to be GAAP compliant. With Stripe, revenue recognition is built in and automated.
Ready to get started?
Simplify revenue recognition and ASC 606 and IFRS 15 compliance with Stripe.
Move your back office forward
Grow faster and operate with more agility using our revenue and finance automation platform.
Bill customers with Stripe
Subscriptions and invoices for recurring payments.