Revenue Recognition for High-Volume Businesses
Complex revenue streams can become a labyrinth for accounting teams. Effortlessly navigate through it with Numeral.
Spreadsheet-Level Flexibility.
Database-Level Scalability.
Numeral can handle any rev rec logic at scale. All this without having to worry about spreadsheets crashing due to high-volume.
Default
GAAP-compliant revenue recognition rules for common use cases.
Custom
Custom rev rec logic based on your businesses unique needs.
Effortlessly Handle All Revenue Accounting Complexity
Accounting done in real-time upon each transaction and financially relevant event.
- Deferred
- Usage-Based
- Milestone-Based
- Effective Interest Rate
- Gift Cards
- Discounts
- Credits
- Refunds
- Chargebacks
- Upgrades
- Downgrades
- Pauses
- Cancelations
- Multi-Element Arrangements
- Standalone Selling Price
- Reallocation
- Multiple Performance Obligations
And Much More.
ASC 606: The Most Common Use Case Automated with Numeral Revenue Recognition.
Identifying Customer Contracts
Contract details identified from all billing and order management systems.
Highlighting Performance Obligations
Line items identified and converted into clearly defined performance obligations.
Determining Transaction Prices
Transaction prices determined from payment processors.
Allocating Transaction Prices
Transaction prices from price list allocated to each performance obligation.
Recognize Revenue
Revenue recognized in real-time upon each transaction and financially-relevant event.
Features
SSP Reallocation
Compute SSP Reallocation for bundled and discounted offerings.
Link Adjustments
Tie back adjustments like refunds to their original transactions.
Monthly Waterfall
Monthly deferred waterfall reports for your convenience.
Complementary to General Ledgers
Lock periods and export summary journal entries into your general ledger.
Scale Your Revenue Reporting.
Ready for a paradigm shift in your revenue recognition process?