schedule-my-revenue

To build an ASC 606 revenue recognition schedule, you input a signed contract and bookkeeping context. The schedule generates month-by-month performance obligations, transaction price allocations, and journal entry stubs grouped by customer.

Yes, this ASC 606 schedule tool supports usage-based arrangements with floors, implementation fee deferrals, and contract modifications. It handles both prospective and cumulative catch-up treatments to accurately adjust the revenue recognition schedule.

Yes, you can generate draft journal entry stubs by sourcing contract data directly from Stripe or HubSpot. The tool produces revrec JE outlines mapped to your chart of accounts for downstream posting without automated entry.

Variable consideration and significant financing judgment calls are flagged with options and dollar impacts for your confirmation. The tool surfaces these ASC 606 judgment areas for manual review rather than silently deciding the revenue recognition treatment.

You need to provide signed contract data from Stripe, HubSpot, or dropped files, alongside your chart of accounts for deferred revenue and revenue lines. This bookkeeping context is required to allocate transaction prices and generate accurate schedule rows.

For annual upfront subscriptions, the tool applies ratable monthly recognition to defer revenue appropriately. Implementation and onboarding fees are also deferred and allocated across the contract term as distinct performance obligations in the schedule.