Seamless tracking of Stripe subscription data or custom imports via Excel
Real-time updates for all subscription changes
Fully automated, GAAP- and ASC 606-сompliant sync to QuickBooks Online
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Start by connecting your Stripe account or uploading your subscription data via Excel.
Synder automatically allocates revenue across billing periods in full compliance with GAAP and ASC 606, handling multi-item invoices, refunds, cancellations, prorations, and more.
For Stripe, any modifications to active subscriptions—such as upgrades, downgrades, cancellations, etc.—are tracked instantly.
Synder automatically posts recognition journal entries to QuickBooks, transferring amounts from Deferred Revenue (Balance Sheet) to Income (P&L) accounts.
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Synder RevRec integrates with Stripe and supports Excel uploads, automatically building revenue recognition schedules. It tracks all subscription changes—like cancellations, refunds, upgrades, downgrades, and multi-item invoices—and updates recognition schedules in real time (for direct Stripe integration).
Synder ensures that revenue is recognized when obligations are fulfilled, not merely when payments are received. It automates the allocation of revenue across billing periods, adhering strictly to GAAP and ASC 606 standards.
Waterfall by Month/Customer reports give you a clear breakdown of how booked revenue is recognized over time. Automatically generated from your subscription data, it provides precise visibility into deferred and recognized revenue.
Handle invoices with extended terms like Net 30 or Net 60 with ease. Synder records deferred revenue upon invoice issuance and transitions it to recognized revenue as services are rendered, maintaining accurate financial statements regardless of payment timing.
Track and recognize revenue in your home currency, even for international transactions. Synder uses Stripe’s conversion rates for synced Stripe data, and for Excel imports, you can specify the conversion rates directly in your file.
Automatically allocate and recognize discounts across billing periods. Synder supports multiple processing modes and maps coupons to specific products for accurate, GAAP-compliant reporting.
At Synder, protecting your data is our top priority. No human ever accesses your data—everything is handled automatically and securely. We use industry-standard encryption protocols and conduct regular independent PEN testing. Synder is fully compliant with SOC 2, GDPR, HIPAA, and CCPA.
Hop on a discovery call with an accounting automation expert to see how Synder can streamline your revenue recognition.
Book a demo
“As a company, we’ve matured and grown to an extent where we hit the limits and boundaries of our accounting needs. And we needed to quickly implement something that was going to obviously work, was going to be practical, but then also sustainable with our growth trajectory. And that’s where we landed on Synder.Subscriptions are tough. Things are gonna change midterm in a subscription and how does that need to be handled? Synder picks up all those changes automatically. I don't see any other good options out there to do daily revenue recognition and prorations on subscriptions that could also do advanced billing and arrears billing, combinations of one time items with recurring items. There's just a lot of complexity in there and Synder does all that.”
“Synder drastically speeds up the process of reconciliation and eliminates the need to manually check massive transaction files. While there still might be a few transactions to review, instead of checking thousands, we only need to verify a couple—saving a significant amount of time. It now takes me about 40 minutes to finish and review a month’s data, whereas manually, it would have taken at least two days.”
“Synder RevRec appears to be the best and most automated way to get Stripe revenue recognition into QuickBooks. That’s really impactful for startups, as we’re not going to be able to spend on NetSuite or other higher-end accounting software. So being able to scale your business across tons of subscriptions in a cost-effective and scalable manner is critical as a startup.”
For businesses with a high volume of subscriptions
For businesses with up to 50 active subscriptions
Accurate revenue recognition reports
Real-time tracking of subscription changes
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