You have subscriptions. You use Quickbooks. You rely on spreadsheets.
One day, you will have a unified, seamless CRM, subscription management, and financial management system. Until then, there is Revenue Books, Contract & Subscription Management for QuickBooks.
Welcome to Revenue Books, Subscription Management for QuickBooks
What is Revenue Books?
RevenueBooks™ provides integrated subscription management for QuickBooks. RevenueBooks™ is a comprehensive web-based, multi-user solution for QuickBooks revenue recognition and overall revenue and subscription management. Built as a special version of SaaSOptics, Revenue Books includes a host of unique features and functions for the comprehensive subscription management for recurring revenue businesses. Revenue Books is fully integrated with QuickBooks, seamlessly passing customer, revenue, invoice and the journal entires needed to invoice customers, perform revenue recognition, and to create GAAP compliant income statements and balance sheets. Revenue Books goes further, providing a comprehensive tracking and reporting system for key recurring revenue and subscription metrics such as churn, renewal rate, lifecycle value, and countless other key performance metrics.
Revenue Books provides everything you need for subscription management, including revenue rec, billing terms, renewal terms, copies of digital contracts, metrics reporting, financial reporting, renewal management, and of course, invoicing.
Revenue Books is easy-to-use and can be implemented in hours.
Comprehensive Subscription Management - How does it Work?
Revenue Books provides a complete solution for Subscription Management for users of Quickbooks.
Revenue Books holds your subscription information, including contract elements for subscriptions, licenses, maintenance agreements, usage fees, pro services or any other elements. Using the over two dozen revenue recognition templates or the manual override, Revenue Books generates revenue schedules for each term contract element, including subscriptions and one-time items. And, Revenue Books generates one-time, annual, monthly, quarterly or one-off invoices for each contract element. With all the required revenue recognition schedules and invoices, Revenue Books then calculates all important revenue recognition information, including deferred revenue and unbilled AR balances and period-to-period changes. Fast and simple reporting makes it easy to see revenue by customer, contract, or in aggregate. You can even report and view by different business units, divisions, or currencies.
Revenue Books also syncs revenue-related information with QuickBooks, including revenue rec and invoices. Customers and invoices created in Revenue Books are synced down to Quickbooks. Customers and invoices created or modified in QuickBooks are synced up to Revenue Books. Revenue Books also sends journal adjustments to record recognized revenue in the appropriate QuickBooks income accounts, while making debits and credits to the appropriate deferred revenue and unbilled AR balance sheet accounts.
You get all this and a whole lot more at a price you can easily afford.