1. Discover
  2. Accountant tools
Streamline cost and deferred revenue recognition. Eliminate time consuming spreadsheets. Gain accurate financials near real-time.
Overview

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.

Explore all features of Flowrev
Flowrev
Play Video
, opens in a dialog

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.

Reviews & ratings

4.9
12 Reviews
5 star
(91%)
4 star
(9%)
3 star
(0%)
2 star
(0%)
1 star
(0%)
MP
Matthew Pritchard
Posted
Flowrev saves me days of work and makes cost and revenue recognition an enjoyable task. Highly recommend this integration.
ÁA
Álvaro Arranz
Posted
We use Flowrev at Firefly Learning and I just can say that is a fantastic tool to help businesses based on ARR. You need to get the assumptions right when using it, but once done that it is way better than anything we have seen in the market. It allows you to recognise the revenue the way you want, besides their Support team is outstanding. They have been always very useful helping us to get the information we wanted and therefore our funraisings have been more successfull. Thank you guys for your hard work,
AT
Adam Thompson
Posted
Also a huge fan here. I use it for amortizing prepaid expenses and deferring revenue between months. Team is responsive and very helpful. Great, simple yet powerful product!!
Additional info

Shared data

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

App details

Added in 2015

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

Follow

TwitterFacebookLinkedIn
Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.