Identify Customer Contracts
Contract details such as price, term and payment schedule are imported from billing and order management systems with Numeral Hub.
Product
Fully-Automated Revenue Subledger
Purpose built for modern businesses with high transaction volume.
Automate Revenue Recognition Under ASC 606 With Numeral Revenue
Identify Performance Obligations
Line items from single or multi-element arrangements are converted into clearly defined performance obligations.
Determine Transaction Prices
Transaction prices are imported directly from payment gateways (self-serve) and CRMs (sales-led) with Numeral Hub.
Allocate Transaction Prices
Standalone Selling Price (SSP) from your Price List is identified to reallocate transaction prices in contracts with bundles or discounts.
Recognize Revenue
Revenue is recognized ratably across the contract with even the most complex revenue recognition use cases handled.
Features
SSP Reallocation
Import your Price List to auto-calculate SSP Reallocation for bundles and discounts.
Rules Engine
Execute revenue recognition rules with simple IF/AND/OR statements based on Excel syntax.
Link Adjustments
Auto-link Adjustments such as refunds back to their original transaction.
Audit Trail
Immutable and comprehensive Audit Trail tracking all historical changes to a transaction.
Permission Levels
Four levels of access by default, plus create your own custom Permission Levels based on company needs.
Monthly Waterfall
Summary Journal Entries aligned to your chart of accounts presented in a beautiful Monthly Waterfall view.
Drill Down
Drill Down from your Monthly Waterfall view to see all granular underlying transactions.
Real Time
Login and see up-to-date revenue numbers - no more having to wait until period-end.
Month Lock
Close revenue with Month Lock and have adjustments roll forward into the next open period.
Reports
Exportable standard Reports, plus create and save your own.
Numeral’s Revenue module effortlessly handles all revenue accounting complexity.
- Credits
- Deferrals
- Multi-Element Arrangements
- Refunds
- Upgrades
- SSP Reallocation
- Disputes
- Downgrades
- Performance Obligations
- Discounts
- Cancellations
- Usage-Based Revenue
- Accruals
- Gift Cards
- Trigger-Based Revenue
GL Integrations
At month-end, lock the period and instantly book summary journal entries into your General Ledger mapped to your chart of accounts.
Numeral Revenue GL Integrations
