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Spread

By Spread
5 out of 5 stars
Free 7 day trial available
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Automate Accruals, Prepayments and Deferred Revenue inside Xero. Catch every adjustment your spreadsheet doesn't. Stand by numbers that reflect reality.
Rated
5.0
out of 5
Reviewed by
7
Xero users
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Overview

Automate Accruals, Prepayments and Deferred Revenue. Catch every adjustment your spreadsheet doesn't. Stand by numbers that reflect reality.

Your existing tools get the data into Xero. Spread is what happens next.

One Solution. Three Month-End Problems. Solved.

Revenue Recognition

An annual subscription invoiced upfront. Spread reads the attachment and spreads the income across 12 months automatically. No manual journals, no spreadsheets. Your revenue always lands in the correct month.

Prepayments

A quarterly rent invoice arrives. Spread reads the date range from the attachment and allocates the cost across the correct months before you've even looked at it. No more manual calculations or missed adjustments.

Month-End Accruals

A recurring utility bill hasn't arrived. Spread recognises the pattern, posts the monthly accrual, and reverses it automatically when the invoice arrives.

The Journals Are Ready Before You've Even Started Month-End. You Just Approve Them.


Who's it for?

Finance Teams

Your invoices land in Xero on the invoice date. Not the service period date. Which means every month, some of your costs are in the wrong period, and fixing it manually at that volume isn't possible. Spread reads every invoice and attachment in Xero, detects the timing difference, and posts the correct journals automatically. Every adjustment is traceable. Every balance sheet code is reconcilable. And when someone asks what's in your prepayments balance, you'll have the answer. Close with confidence, not crossed fingers.

Accountants & Bookkeepers:

Every client, every month, the same adjustments. Done differently by whoever's doing the work that day. Brings consistency to how accruals, prepayments and deferred revenue are handled across your entire portfolio. The same rules, applied the same way, every time. No individual discretion. No knowledge that walks out the door. Your senior accountants stop doing the work. Your whole team closes faster. And you take on more clients without adding headcount.

Fractional CFO's & Finance Directors

You can't advise on numbers you don't trust. So you wait for adjustments, for corrections, for someone to confirm everything is right. By the time you get there, the moment has passed. Spread offers Earlier visibility. Faster reporting. Conversations that land when they still matter.​

Still thinking about it? Most people who book a demo are posting journals automatically within their first month. Takes 10 minutes to connect your first organisation.

Try Spread Today - Free Trial Available

Spread
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Spread + Xero

Spread connects to Xero using secure OAuth2, allowing users to link their organisations in seconds. Once connected, Spread syncs invoices, bills, expenses and attachments automatically throughout the day.

• Secure OAuth2 connection

• Automatic data sync

• Reads line items and attachments for date ranges

• Creates and reverses journals in Xero

• Supports multiple organisations

• Full audit trail for all posting activity

Spread gives Xero users a seamless, hands-off month end by keeping data synced, journals accurate and timing adjustments fully automated.


Practice Pricing Available For Multi-Client Businesses.

Pricing plans

This app includes a free 7 day trial

*All prices are exclusive of tax

Spread Subscription

Single Organisation
GBP 79.00 /month (billed monthly)
Optional add-ons
  • Additional Organisations £29.00 /month
  • Set Up & Onboarding Support
  • Unlimited Users
  • Unlimited Automated Accruals
  • Unlimited Automated Prepayments
  • Unlimited Automated Deferred Revenue
  • Unlimited Recurring Bills
  • Automated Journal Creation and Reversals
  • Invoice and Attachment Scanning
  • Balance Sheet Reconcilliation

Reviews & ratings

5.0 out of 5 stars
7 Reviews

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Anna de Courtenay Wellum
Posted
5 out of 5 stars

A highly promising solution with an excellent onboarding

We were looking for a Xero-friendly solution to automate accruals and prepayments, mainly on the purchase side. We process up to 200 bills per month, many of them related to SaaS tools, so accurately capturing the service period is very important for us. We booked a demo with Dominic, which was both informative and very friendly. He created an open atmosphere that encouraged exploration and questions, making it easy to understand how the platform could fit our processes. Following the demo, we had a two-week trial period during which we imported a month’s worth of bills and allowed Spread to suggest accrual and prepayment journals. We found that, as long as the service period is clearly shown on the invoice, Spread is very effective at identifying it and suggesting the correct allocation. The system itself is intuitive, easy to use, and works seamlessly. During the trial, we did not encounter any technical issues. Whenever we had questions, Dominic responded within hours (sometimes even minutes!) which allowed us to make the most of the trial period. In addition to accruals and prepayments, Spread also offers a very useful Recurring Bills functionality. Users can mark regular suppliers or accounts and ask Spread to monitor invoice receipt. If an invoice is not received during the month, Spread flags it and suggests an accrual based on a weighted average. The platform also offers a high degree of flexibility, allowing users to configure workflows in the way that best suits their business. As the trial was successful, we decided to implement Spread. We are optimistic that it will improve the accuracy of our monthly reporting without creating a significant additional workload. We also understand that the Spread team has several product updates planned, and we look forward to seeing these developments in action. Overall, the demo, trial, and onboarding experience were excellent, and we are confident that our cooperation with Spread will be a success.

Response from Spread

Thank you so much for taking the time to write such a detailed and thoughtful review — this genuinely means a lot to the whole team. It's great to hear that the demo with Dom hit the right notes. He works hard to make those conversations feel like exploration rather than a sales pitch, so it's brilliant to hear that came through. You've articulated exactly what Spread is designed to do: take the repetitive, judgment-heavy work out of accruals and prepayments, especially at volume. 100's of bills a month with varying service periods is precisely the kind of workload where manual schedules become a real liability. The fact that Spread could read those invoices and suggest the right allocation without friction is the outcome we build toward. The Recurring Bills point is a great one to highlight. That "flagged accrual based on weighted average" moment is one of those features that tends to quietly save people from month-end surprises, glad this is proving useful. We're looking forward to the ongoing partnership, and the product updates you mentioned are very much on the way. You'll be among the first to see them land. Thanks again. Reviews like this are what keep us building. The Spread Team
BM
Bryony Mulkern
Posted
5 out of 5 stars

Spread worked for me

I’ve been using Spread mostly to manage deferred revenue but have also found it massively valuable for posting adjustments for prepayments, it catches things we used to miss and I look forward to using it every month. Setting up was actually quicker than I expected. It was pretty straightforward and I was able to start using it almost straight away. It was nice to not need a manual just to get going. Would recommend

Response from Spread

"Catches things we used to miss" is the whole point. Missing accruals and prepayments don't announce themselves, they just quietly make your numbers wrong until someone notices. The fact that Spread is surfacing those gaps every month is exactly what it's built to do. Really glad the setup didn't get in the way. We put a lot of work into making sure you can connect, configure, and see value quickly, without needing a consultant or a manual to get there. Deferred revenue and prepayments in the same workflow is a combination more people are landing on, so it's good to hear that's working well in practice. Thanks for recommending us. It genuinely helps. The Spread Team
JP
Jenny Percival
Posted
5 out of 5 stars

Now our reports are much more accurate

Our biggest issue was clients trusting their numbers. They would query the timing issues, things sitting in suspense, or prepayments not unwinding properly. Since using Spread, the reports are just cleaner. Revenue and costs are in the right place, and we’re not having to justify the numbers anymore. That alone has made a big difference to how clients see our work.

Response from Spread

Thank you for this, and for putting it so clearly. Client trust in the numbers is everything. When timing differences show up unexpectedly, or a prepayment hasn't unwound, it's not just an accounting issue, it becomes a conversation you have to manage. That takes time, and it subtly undermines confidence in the work you're doing. Clean reports that don't need defending change that dynamic entirely. The work speaks for itself. That's exactly the outcome Spread is designed to create, not just faster month-ends, but reports you can put in front of a client without bracing yourself. Really glad it's making a visible difference to how your clients see the value you deliver. The Spread Team

Additional info

Shared data

Xero
Spread
Contactsshared from Xero to Spread and from Spread to Xero
Accountsshared from Xero to Spread
Tracking Categoriesshared from Xero to Spread
Manual Journalsshared from Xero to Spread and from Spread to Xero
Invoicesshared from Xero to Spread
Bank Transactionsshared from Xero to Spread

Functions

Reporting and forecastingAccountant tools

Industries

Accounting

App details

By Spread
Added in 2026

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@spread.finance

Contact

020 8135 7360

Follow

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7 day free trial available

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