AUTOMATE Accrued revenue

Accrued income recognition software

Close faster with automated accrued income recognition.  Eliminate the need to track accrued income and related invoices in tedious spreadsheets.  Ensure your calculations are always accurate, up to date and easy to audit. 

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ScaleXP is an approved app for leading accounting & CRM systems:

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CRM deal won with arrow to proposed accrual in ScaleXP

Close faster. Eliminate spreadsheets

  • ScaleXP’s AI takes information from your accounting and CRM systems to suggest accruals based on pending invoices, renewals, new deals, and existing contracts
  • Leverage information from CRM systems including HubSpot, Pipedrive and Salesforce to take the manual work out of managing accruals for revenue not yet invoiced
  • Use ScaleXP to easily comply with revenue recognition accounting standards under GAAP and IFRS without the need for large, complex spreadsheets and manual tracking

Improve accuracy with automated checks

  • ScaleXP AI matches issued invoices with your accruals, ready for approval
  • Connections to your CRM enable seamless communication without removing finance control
  • Easily track un-invoiced revenue and accruals now invoiced
accrued revenue with arrows to Xero, QuickBooks, Zoho
accrued revenue with arrows to Xero, QuickBooks, Zoho

Stop revenue leakage. Ensure all invoices are issued or accrued

  • ScaleXP automates accrual journals for accounting systems including Xero, QuickBooks and Zoho
  • Seamlessly capture revenue earned but not yet invoiced including expected renewals
  • Easily identify and action accrual releases as invoices for earned income are issued

What our customers say

We are using ScaleXP to untangle a number of complexities in our business model. ScaleXP is giving us the agility we need to make business decisions in a more informed way and at a faster pace than we've even been able to before. The client support team has been exceptional in digging into our needs and ensuring the platform is delivering!
Michelle - Finance Director - Xero App Store Review
Thanks to ScaleXP we're now producing more insights, faster and with greater accuracy. The system is intuitive, user friendly and constantly improving. The team made us successful with the product from the outset.
Tom - Commercial Analyst - Xero App Store Review
Excellent system, the team are extremely knowledgeable and help set everything up. Super easy to use.
Jen - Finance Controller - Xero App Store Review
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With the ScaleXP platform you can:

Close the month 3 days faster

Automate deferred revenue, accruals, and prepaid expenses. Link directly to journals and management accounting packs.

Reduce errors

Eliminate spreadsheet and billing errors. Prevent revenue leakage and ensure all of your data is audit ready with automated revenue recognition schedules.

Be IFRS & GAAP compliant

Transparent tracking of deferred revenue, accruals and prepaid expenses. Clear auditable schedules. Automated checks.

ScaleXP is a "Xero Staff Pick"

In July 2023, ScaleXP was selected by Xero as one of the top apps. This decision is based on the quality of our integration as well as our straight 5 star review in the Xero app store. 

Accrued Revenue Recognition FAQs

ScaleXP is built on a series of sophisticated natural language processing algorithms, which read and understand the text in invoices, just as a person would, enabliing you to automate the tedious part of deferred revenue recognition. 

The system also reads contracts from your CRM and suggests accruals for revenue not yet invoiced, enabling you to automate the process of accruing income and making compliance with GAAP or IFRS revenue recognition standards super easy and efficient.

Accrued income is revenue earned but not yet invoiced.  Deferred income is revenue invoiced but not yet earned.   To comply with GAAP and IFRS revenue recognition standards, revenue earned but not yet invoiced should be accrued and recognised as income with a corresponding asset on the balance sheet.  Deferred revenue, meanwhile, should be recognised as a liability on the balance sheet until such time as it is earned and recognised as income.

Xero and QuickBooks can be automatically updated with accruals generated in ScaleXP. You simply review suggestions, enter approved accruals, review journal suggestions and click to approve journals.