Synder RevRec: Discounts recognition

There are many ways discounts may be allocated for revenue recognition. Sometimes discounts are not essential for a business to track, and they recognize the already discounted item totals. For other businesses, it is important to track discount amounts, but it is not important when, so the discount may be recorded right away into the […]

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Managing $0 Invoices: Synder’s Approach and Custom Solutions

Invoices with a value of $0 can appear in your payment platform or ecommerce system due to various reasons such as promotional offers, customer rewards, or zero-dollar authorizations. While these transactions might not have a direct monetary impact, they play a crucial role in maintaining comprehensive records and can be vital for various business analyses. […]

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Revenue Recognition Methods in Synder RevRec

Revenue recognition can be done differently by different accounting firms because of various reasons. But ultimately, it all comes down to a trade-off between accuracy and time spent on revenue recognition. Synder offers a solution designed specifically for subscription based businesses using Stripe and accounting firms serving such businesses to provide them with the most […]

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