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§ Deal
Automated accounting tool for startups and SaaS businesses, covering accrual revenue schedules and ASC 606/IFRS 15 compliance.
Stripe Revenue Recognition is an automated accounting software tool administered by Stripe that converts billing data into accrual-based revenue schedules. Launched in 2021 following the acquisition of Recko, the platform categorizes deferred and recognized revenue to ensure compliance with standards set by the Financial Accounting Standards Board and the International Accounting Standards Board. The software carries a standard cost of 0.25% of total processing volume, though eligible early-stage companies can offset these fees using up to $100,000 in processing credits through the broader startup program. Users must configure active customer records and invoices, while the system also supports custom rules for third-party data imports and offers a 30-day free sandbox trial. This resource is intended for venture-backed startups and SaaS businesses requiring audit-ready financial statements, accurate annual recurring revenue tracking, and streamlined month-end bookkeeping.
Stripe Revenue Recognition: Automated accounting tool for startups and SaaS businesses, covering accrual revenue schedules and ASC 606/IFRS 15 compliance.
Stripe Revenue Recognition is offered by Stripe.
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