Recurring revenue, SaaS contracts and multi-element deliverables recognized under ASC 606 and IFRS 15, with schedules generated from the contract rather than maintained in a spreadsheet.
The Engine
Every step of the five-step model expressed as records you can audit.
Contract line items are separated into distinct obligations with their own recognition method and timing.
Consideration allocates across obligations, including discounts spread proportionally where the standard requires it.
Ratable, milestone and point-in-time schedules generate automatically and post period by period.
Opening balance, additions, recognition and closing balance presented per period for the audit file.
Amendments adjust remaining obligations prospectively without corrupting already recognized periods.
Any recognized amount traces back to the obligation, the contract and the source transaction that created it.
Why Teams Move
Once contracts renew and amend on different dates, a maintained workbook becomes the single largest audit risk in the close.
Legacy vendors sell revenue recognition as a premium module, which means the correct accounting treatment carries a line item cost.
Because invoicing, cash application and recognition share one ledger, the deferred balance is always derived rather than reconstructed.
Provision a workspace, enter a multi-element arrangement and review the generated rollforward.