Flowrev

    Streamline cost and deferred revenue recognition. Eliminate time consuming spreadsheets. Gain accurate financials near real-time.

    Flowrev is online cost and revenue recognition software that lets users automate and streamline their accounting processes for deferred revenue and prepaid expenses. By eliminating time consuming spreadsheets users close faster and regularly deliver more accurate financials and forecasts. New regulations (IFRS15, ASC606) for revenue and expense recognition went into effect for private companies worldwide in Dec. 2018. Now's the time to implement revenue and expense recognition automation software. Beyond regulations, the more accurate financials, which are reflective of true business operations, are a must have for company executives.

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    Flowrev + Xero

    Flowrev is a certified partner app seamlessly integrated via the Xero API. Users can easily pull transaction data incrementally to Flowrev, automatically generate revenue and cost recognition schedules and journal back to Xero with the click of a button. Changes to transactions in Xero are easy to keep track of and handle with the built-in schedule checkers, which highlight transaction changes requiring follow on revrec/costrec processing. Flowrev supports Xero Product/Services, tracking, currencies, multiple deferred revenue and recognition accounts, schedule and repeating invoice based forecasts and much more.

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    Made by Flowrev, Inc
    Added in 2015

    Shared data

    Xero
    Flowrev
    Accounts
    Credit Notes
    Currencies
    Invoices
    Items
    Manual Journals
    Payments
    Tracking Categories

    Countries

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

    Languages

    English

    Support

    Setup walkthroughIntegration walkthroughsupport@flowrev.com

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