Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Soluqube serves as a specialized revenue-recognition tool designed for finance teams and auditing experts tasked with analyzing revenue derived from contracts. The application allows users to validate performance obligations and standalone selling prices, facilitating the calculation of relative SSP allocations while generating comprehensive schedules compliant with ASC 606 and Ind AS 115. In the case of INR contracts, Soluqube distinctly separates 18% GST from the revenue prior to the amortization process. Its review workspace effectively correlates obligations with relevant excerpts from contract clauses, and the export options include detailed schedules, supporting workpapers, and SHA-256 integrity hashes for security. The sophisticated calculation engine operates on integer arithmetic with cent rounding, strategically assigning any residual cents to the final schedule period to ensure that deferred revenue equals zero by the end of the term. Additionally, the platform supports single-contract audits and provides a hosted subscription model that seamlessly integrates with ERP systems for schedule exports, alongside customizable on-premise deployments. However, features such as live ERP connectors and accounting for contract modifications are currently unavailable, representing potential areas for future development.
Description
Stripe Revenue Recognition simplifies the process of accrual accounting, allowing for a swift and precise closing of your financial books. By automating and tailoring revenue reports, it aids in adhering to IFRS 15 and ASC 606 revenue recognition standards effortlessly. As your business expands, managing revenue can quickly turn into a cumbersome and error-prone task. That's why we've integrated a revenue recognition feature directly into Stripe, enabling you to automate the accounting process for your transactions and billing agreements. Our solution adeptly manages intricate situations, including upgrades, downgrades, prorations, refunds, and disputes without hassle. With reliable data at your fingertips, you can prepare financial statements that are ready for audits and attain a complete understanding of your business operations. You can easily access all your Stripe transactions and terms while also importing data from non-Stripe sources through the dashboard. Plus, you can generate accounting reports that come pre-configured, eliminating the need for dedicated engineering resources and allowing you to focus on what truly matters—growing your business. This seamless integration ensures that all aspects of your revenue accounting are handled efficiently, giving you peace of mind.
API Access
Has API
No
API Access
Has API
No
Integrations
Adyen
No
PayPal
No
Payrix
No
QuickBooks Online
No
Square POS
No
Stripe
No
WePay
No
Zoho CRM
No
Integrations
Adyen
Yes
PayPal
Yes
Payrix
Yes
QuickBooks Online
Yes
Square POS
Yes
Stripe
Yes
WePay
Yes
Zoho CRM
Yes
Pricing Details
$499 one-time
$0 for an audit-defense workpaper covering up to 3 contracts. A single-contract stack costs $499 one time. Hosted subscription is $999/month with a 20-run daily cap. A custom annual license is available for On-Premise deployment.
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Soluqube
Founded
2026
Country
India
Website
soluqube.com
Vendor Details
Company Name
Stripe
Founded
2010
Country
United States
Website
stripe.com/revenue-recognition