Category: Revenue Recognition

This guide shows how to use the Waterfall reports in Synder Revenue Recognition (RevRec) and — most importantly — how the date filter works, since this is the main part that tends to confuse users.

Use these reports if you:…

• Set up Smart Rules for your Journal Entries
• Step 1: Open Smart Rules
• Step 2: Select Journal Entry as a trigger
• Step 3: Add Condition (Trigger)
• Step 4: Set Action
• Step 5: Save and Test
• Troubleshooting
• If the rule does

Consider this scenario: you just ran a big promo and annual prepay option. Cash looks strong in your storefront and processor, but you don’t know how it will land in the books.

Run Debits & credits by accounting category to …

• How to validate your results
• Prerequisites
• Reconciling deferred revenue
• Detailed comparison view
• Validation and maintenance
• Outdated status
• Reconciliation statuses
• Limitations & known constraints

This guide shows how to use the Deferred Revenue Reconciliation Report in Per Transaction mode. With this …

Synder Revenue Recognition module integrates directly with Stripe, however, what if your business or your client’s subscription management does not use Stripe?
Businesses may use PayPal or other subscription management tools, or simply enter invoices in QuickBooks manually, but still …

One common use case where a line item should not be part of the revenue recognition schedule is when the item represents taxes. To ensure your books are GAAP compliant, you should exclude taxes from the deferred revenue flow.
However, …