RightRev Revenue Recognition for Salesforce / ASC 606 / IFRS-15
RightRev is a revenue sub-ledger embedded within Salesforce platform. While Salesforce provides integrated CRM, CPQ, Subscriptions, Orders, Billings and Cash Collection, RightRev complements Salesforce with Advanced Revenue Recognition functionalities to perform accurate revenue accounting as per ASC 606 & IFRS15 guidelines. RightRev's advanced rules and accounting engine groups transactions into a Revenue Contract, detects contract modifications, calculates revenue allocations, and performs accurate revenue accounting. The contract modification engine comes with several rules to detect every change in the contract. Customers can also configure the application to automatically calculate SSP based on historical data. Customers will be able to select and choose which transactions should be considered for calculating SSP and how often they prefer to calculate SSP. The reporting engine provides out-of-the-box reports like Revenue Waterfall Report, Revenue Analysis Report, Revenue Contract Roll Forward Report, Un-Delivered Performance Obligations, Long Term / Short-Term Deferred Revenue, and several others to gain better visibility into revenue and also stay in compliance.
Top keywords
- revenue11×7.05%
- contract5×3.21%
- accounting3×1.92%
- engine3×1.92%
- report3×1.92%
- salesforce3×1.92%
- ssp3×1.92%
- accurate2×1.28%
- accurate revenue2×1.28%
- accurate revenue accounting2×1.28%
- advanced2×1.28%
- calculate2×1.28%
Quickbooks Online By Tally Integrations
Tally brings QuickBooks Online billing, accounts receivable and payment management directly into Salesforce. Sales, finance and operations teams automate accounting transactions, collect or record payments and track balances without leaving Salesforce. BILLING AUTOMATION Create QuickBooks invoices, estimates, sales receipts, purchase orders, bills, refunds and recurring invoices. Use Salesforce Flow to generate transactions automatically, such as invoicing when an opportunity closes. ACCOUNTS RECEIVABLE Track open, paid, partially paid and overdue invoices, record full, partial or multi-invoice payments, send reminders and download invoice PDFs. PAYMENTS Accept credit card and ACH payments, and record cash, check, wire and external payments, individually or through Flow automation. SYNC Keep QuickBooks Online and Salesforce synchronized across customers, products, invoices, estimates, sales receipts, purchase orders, payments, balances, classes, tax rates and statuses. A Product Sync Health dashboard tracks products. Tally is more than a QuickBooks connector. It is a Salesforce billing, payment, receivables and accounting automation platform for QuickBooks Online.
Top keywords
- payments6×3.92%
- quickbooks5×3.27%
- salesforce5×3.27%
- invoices4×2.61%
- automation3×1.96%
- billing3×1.96%
- record3×1.96%
- sales3×1.96%
