{"id":25043,"date":"2025-08-28T18:01:37","date_gmt":"2025-08-28T18:01:37","guid":{"rendered":"https:\/\/synder.com\/help\/?p=25043"},"modified":"2026-04-09T16:16:44","modified_gmt":"2026-04-09T16:16:44","slug":"debits-credits-report-revrec-what-it-is-why-it-matters-and-how-to-use-it","status":"publish","type":"post","link":"https:\/\/synder.com\/help\/debits-credits-report-revrec-what-it-is-why-it-matters-and-how-to-use-it\/","title":{"rendered":"Debits & Credits Report (RevRec): What it is, why it matters, and how to use it"},"content":{"rendered":"\n
Consider this scenario: you just ran a big promo and annual prepay option. Cash looks strong in your storefront and processor, but you don\u2019t know how it will land in the books.<\/p>\n\n\n\n
Run Debits & credits by accounting category<\/strong> to preview the posting: you\u2019ll see how much is true Revenue now<\/strong>, how much parks in Deferred Revenue<\/strong>, and how much was taken as Discounts<\/strong>.<\/p>\n\n\n\n If totals look off, switch to the By-line report<\/strong> to pinpoint the exact invoices, subscriptions, and credit memos driving the numbers.<\/p>\n\n\n\n Adjust promo settings if needed, then sync. Now your books match the preview, and you can explain \u201cwhy revenue looks lower than cash\u201d in minutes.<\/p>\n\n\n\n Read on for a quick walkthrough.<\/em><\/p>\n\n\n\n Simple workflow:<\/strong> run Summary<\/strong> \u2192 scan categories for outliers \u2192 run By-line<\/strong> \u2192 filter to the items causing the change \u2192 adjust settings\/policies if needed \u2192 then sync.<\/p>\n\n\n\n How to get the report<\/strong><\/p>\n\n\n\n Files are generated in your home currency<\/strong> set in RevRec.<\/p>\n\n\n\n You can export Summary<\/strong> or By line<\/strong> for your chosen date range. Files arrive by email.<\/p>\n\n\n\n Balance Sheet<\/strong><\/p>\n\n\n\n P&L<\/strong><\/p>\n\n\n\n Scenario:<\/strong> February close shows unusually high Bad Debts<\/strong> in QuickBooks Online. Summary export<\/strong><\/p>\n\n\n\n By line export<\/strong><\/p>\n\n\n\n Does this match what will post to QuickBooks Online?<\/strong> Can I run it during a trial or without QuickBooks Online connected?<\/strong> Why are Debit\/Credit always positive?<\/strong> What currency is used?<\/strong> <\/p>\n\n\n\n For more information about Revenue Recognition or other Synder features, visit our Help Center or<\/em> reach out to Synder Team<\/em><\/a> <\/strong>via online support chat or email.<\/em> Consider this scenario: you just ran a big promo and annual prepay option. Cash looks strong in your storefront and processor, but you don\u2019t know how it will land in the books. Run Debits & credits by accounting category to preview the posting: you\u2019ll see how much is true Revenue now, how much parks in […]<\/p>\n","protected":false},"author":2318,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":"","_ppma_block_editor_authors":""},"categories":[390,388],"tags":[],"ppma_author":[338],"class_list":["post-25043","post","type-post","status-publish","format-standard","hentry","category-revenue-recognition-advanced-features","category-advanced-features"],"yoast_head":"\nWhat the report does<\/h2>\n\n\n\n
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\n\n\n\nHow to get the report<\/h2>\n\n\n\n
<\/figure>\n\n\n\n
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Report types (what they contain)<\/h2>\n\n\n\n
<\/figure>\n\n\n\n
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Columns:<\/strong>\n\n
Columns:<\/strong>\n\n
\n\n\n\nAccounting categories (what you\u2019ll see)<\/h2>\n\n\n\n
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Quick example: Investigating a Bad Debt spike<\/h2>\n\n\n\n
What you do in RevRec:<\/strong><\/p>\n\n\n\n\n
Outcome:<\/strong> You can explain the spike with specific credit memos and amounts without any guesswork.<\/li>\n<\/ol>\n\n\n\nHow to read the results<\/h2>\n\n\n\n
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FAQ<\/strong><\/h2>\n\n\n\n
<\/strong>Yes, provided your RevRec settings match your sync settings. It\u2019s designed as a pre-sync preview and a post-sync audit.<\/p>\n\n\n\n
<\/strong>Yes. It\u2019s available to all RevRec users, including those on trial and RevRec-standalone users.<\/p>\n\n\n\n
<\/strong>For readability. If an event reverses, we swap<\/strong> debit\/credit rather than show negatives.<\/p>\n\n\n\n
<\/strong>Your RevRec home currency<\/strong>.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"