Revenue Recognition
Intelligent, automated, compliant revenue recognition—with complete support for AASB 15 and AASB 1058.
Automate day-to-day revenue recognition tasks and regulatory compliance
Sage Intacct removes the complexity, time, and frustration associated with revenue recognition. Sage Intacct will help you simplify revenue management by flexibly configuring expense amortization to match or differ from your revenue recognition terms. With Sage Intacct, you can meet the AASB 15 and AASB 1058 compliance challenge.
Align revenue recognition with expense allocations
Templates and schedules in Sage Intacct mean you can automatically recognise revenue according to accounting standards. Sage Intacct lets you recognise revenue and amortises expenses, even as contracts change. Dual treatment of contracts according to both AASB 15 and AASB 1058 provides you with immediate visibility into how the guideline changes affect your financials.
Automate your most important process—turning orders into cash
Sage Intacct’s recurring-revenue management software lets you integrate with Salesforce for a seamless, bidirectional flow of order, customer, and contract data to save time and reduce manual errors for your charity or not-for-profit. Streamline subscriptions and recurring-revenue recognition with real-time updates to accounting and billing for discounts, usage, renewals, upgrades, cancellations, and other changes.
Deliver relevant insights to all stakeholders
Customised dashboards and reports give you deep, actionable views into revenue value and profitability by contract, products, divisions, and more. Sage Intacct shows your charity or not-for-profit every stage of the revenue lifecycle: order, fulfillment of performance obligations, revenue recognition, billing, and collection – so you’re ready with quick answers for customers and colleagues.
Out-of-the box revenue recognition functionality
Enjoy out-of-the-box functionality that reduces the need for IT resources. Your charity or not-for-profit can handle revenue management requirements with configuration, not scripting. Structure your workflows to capture and edit contracts natively in Salesforce without additional integration software.
Highlights | Automation and productivity
Simplify revenue management with automated revenue and expense reallocation
Eliminate uncertainty about changing requirements through dual treatment and reporting
Flexibly configure expense amortisation to match or differ from revenue recognition terms
Gain deep and broad revenue insights with complete reporting–from orders to contracts to operational SaaS metrics
