Our rules engine is built for accountants and based off Excel syntax. Know basic formulas? You already know how to use Numeral. All this without having to worry about spreadsheets crashing due to high-volume.
Select Data Fields
Select any data field imported into Numeral.
Create revenue recognition rules using Excel syntax.
Effortlessly Handle All Revenue Accounting Complexity
Accounting done in real-time upon each transaction and financially relevant event.
- Effective Interest Rate
- Gift Cards
- Multi-Element Arrangements
- Standalone Selling Price
- 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.
Revenue recognized in real-time upon each transaction and financially-relevant event.
Upload your Price List to automatically compute SSP Reallocation for bundled and discounted offerings.
Auto-link Adjustments like refunds to their original transactions.
Summary Journal Entries aligning with your chart of accounts presented in a striking Monthly Waterfall view.
General Ledger Integration
Lock periods and feed summary journal entries directly into your general ledger tied to your chart of accounts.