ScaleXP connects to your accounting and CRM systems, identifies recognition rules from your contracts, and generates deferred and accrued revenue schedules. All entries are ready to review and can be posted to your accounting system in 2 clicks.

How much faster is the month-end?

By automating revenue schedules, journal postings, and reconciliations, teams typically save 3+ days per month in their closing process.

What errors does it prevent?

Automation reduces the risk of double-counting, missing revenue, or misapplying recognition logic. This ensures clean, audit-ready revenue records every time.

How can I move from cash to accrual accounting?

ScaleXP makes it easy to move from cash accounting to accrual accounting. Historical journals can be provided for you, dating back 36 months. All journals comply with financial standards including GAAP and IFRS.

What about accrued revenue?

Accrued revenue is suggested based on CRM and accounting data, including renewals and milestones. Accruals are reversed automatically when actual invoices are issued. This approach ensures that you easily identify invoices which need to be accrued and those to be release.u00a0 Accrued revenue journals are provided and can be posted to your accounting system in 2 clicks.

How does ScaleXP handle deferred and accrued entries together?

ScaleXP automates both sides of the revenue recognition equation. It creates deferred revenue entries for prepaid invoices and accrued revenue entries for unbilled services.rnrnThe system even reverses accruals automatically when actual invoices come in. In effect, ScaleXP tracks revenue from both angles, ensuring everything is properly recognized.

AUTOMATED Revenue Recognition SOFTWARE

Q: Does ScaleXP ensure compliance with ASC 606 and IFRS 15?

Completely. ScaleXPu2019s journals are fully complaint with all accounting standards including GAAP, ASC 606, IFRS 15, and IFRS.

Fully automate revenue recognition. Close 75% faster.

ScaleXP’s AI-driven platform handles revenue recognition automatically, eliminating spreadsheets and ensuring GAAP/ASC 606 & IFRS 15 compliance.
Automate every revenue schedule from day one – no more manual calculations.
Close the month 75% faster by eliminating spreadsheet errors and rework.
Ensure full ASC 606 / IFRS 15 compliance with audit-ready reports at your fingertips.
Integrate seamlessly with Xero, QuickBooks, Stripe, and more – deploy in under 2 weeks.

ScaleXP fully integrates with leading accounting & CRM systems:

Manual revenue recognition isn’t just painful, it’s risky

Automate my close

Automated revenue recognition, step by step

ScaleXP connects seamlessly to your existing systems — including Xero, QuickBooks, Stripe, and Google Sheets- to automate every stage of the revenue recognition process.
From invoice to recognition to journal posting, ScaleXP keeps your books compliant and your finance team in control.
Import invoices automatically from your accounting, billing, or CRM systems.
Identify contract terms, service periods, and performance obligations using AI-powered data extraction.
Automatically creates revenue recognition schedules for every invoice and each line item
Post compliant journal entries directly back into Xero or QuickBooks

Built for compliance & audit confidence

ScaleXP’s revenue recognition engine is built in accordance with GAAP and ASC 606 / IFRS 15 guidelines by design.
Every entry and calculation is done in line with these standards automatically.
ASC 606 / IFRS 15 compliant revenue recognition engine.
Deferred and accrued revenue are calculated and journaled automatically.
Full audit trail: every change or adjustment is logged, and supporting schedules can be downloaded for auditors.
Real-time dashboards for recognized vs. deferred revenue and forecasts so that you can monitor compliance continuously.
Support for multi-entity consolidations, multi-currency, and eliminations – ensuring compliance even in complex org structures.

With the ScaleXP, you can

Everything connected, all in one place

ScaleXP connects directly with your accounting, billing, and CRM systems to unify all your data — so your revenue recognition calculations stay accurate, compliant, and always up to date.

With automation taking care of complex schedules and adjustments, your finance team can close faster and focus on insights, not spreadsheets.

Take your revenue data to the next level

With all your revenue data in one place, ScaleXP delivers the insight your CEO and board expect – instantly.
Analyse revenue by product, service, or customer segment to identify growth drivers using Xero Tracking Codes or QuickBooks classes.
Track SaaS metrics like ARR and churn automatically.
Turn raw financial data into clear, presentation-ready dashboards that highlight performance and trends for stakeholders.

Check out our SaaS Metrics Library for CFO-specific KPIs

Finance teams close faster with ScaleXP

ScaleXP has rapidly become a core integration within our team. We started using ScaleXP for revenue recognition and tracking our deferred revenue but are loving all of the new features. We are currently building out dashboards with the help of the AI functionality and are already seeing the benefits this will have for our wider team.

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!

Excellent system, the team are extremely knowledgeable and help set everything up. Super easy to use.

Revenue Recognition FAQs

Why automate revenue recognition?

Manual revenue recognition is time-consuming and susceptible to error. ScaleXP automates the entire workflow, completely eliminating the need for manual tracking. The system uses AI text recognition algorithms to improve accuracy and save hours or days each month – ensuring faster closes and better compliance.

How does ScaleXP automate revenue recognition and deferrals?

ScaleXP automates revenue recognition and deferrals by importing all invoices directly from your accounting or billing system. Its built-in AI reads and analyses invoice text to identify key contract terms — such as start dates, end dates, and revenue schedules — then automatically prepares the full journal entries required for recognition and deferral.

Every step of the process is fully transparent: users can review, edit, or approve each journal before posting, ensuring total control and traceability. The AI has been custom-designed to maintain 100% accuracy, while still allowing human validation whenever needed.

All journals created by ScaleXP comply with leading financial reporting standards, including IFRS 15 and US GAAP ASC 606, guaranteeing compliance.

Does it handle both deferred and accrued revenue?

Yes. ScaleXP automates deferrals for prepaid invoices and accruals for unbilled services, tracking recognition from both angles and reversing accruals automatically when invoices are issued.

ScaleXP is the leading platform revenue recognition platform globally, with multiple options to automate your deferred and accrued income.

Does ScaleXP ensure compliance with ASC 606 and IFRS 15?

Completely. ScaleXP’s journals are fully complaint with all accounting standards including GAAP, ASC 606, IFRS 15, and IFRS.

How does ScaleXP handle foreign exchange (FX) rates in invoices and bills?

ScaleXP automatically manages foreign exchange (FX) rates for all multi-currency invoices and bills. When transactions are imported, the platform detects the original currency and applies the correct FX rate for the relevant transaction or reporting date.

Exchange rates can be sourced directly from your accounting system – for each and every single bill or invoice – ensuring accuracy and compliance.

All FX calculations and postings comply with IFRS and US GAAP standards, giving you consistent reporting across entities and currencies. Finance teams maintain full transparency, with options to review and adjust any rate or journal before posting — ensuring total control over currency impacts at month end.

How does ScaleXP handle adjustments or late transactions?

ScaleXP continuously syncs data, automatically capturing late or updated entries. Adjustments flow into reports and journals in real time — no manual reconciliation needed.

How accurate are the automated calculations generated by ScaleXP?

All calculations follow accounting best practices and are fully traceable, including IFRS and GAAP principles. Each journal entry includes detail-level data, making audit reviews straightforward and reliable.

We’re a small finance team — how can ScaleXP help us keep up with constant demands?

ScaleXP is built specifically for lean finance teams who need to do more with less. By automating repetitive month-end tasks, reconciliations, and reporting, the platform frees up hours every week — allowing your team to focus on strategic priorities instead of admin.

Even with limited resources, you can deliver enterprise-level reporting, compliance, and analysis. ScaleXP becomes your digital finance assistant, handling the heavy lifting while you stay in control.

How can I engage my CEO or leadership team when I don’t have time to build reports?

ScaleXP makes it easy to create visual, engaging dashboards that communicate performance clearly — even when you’re short on time. With live data connections and automated updates, you can produce investor-level dashboards and board-ready visuals in minutes, not hours.

This allows you to lead data-driven conversations with confidence, without manually building slides or reconciling spreadsheets. The result: more impactful presentations, faster insight-sharing, and a stronger partnership between finance and leadership.

What are your integrations for month-end automation?

ScaleXP integrates with leading accounting, CRM, and billing systems including Xero, QuickBooks, Netsuite, HubSpot, Salesforce, and Stripe — ensuring a single source of truth for all financial data.

How can I start a free trial to test month-end automation in ScaleXP?

You can start a free 7-day trial directly from the ScaleXP website — no credit card required. Connect your accounting system and see how automation accelerates your next close.

How quickly can we implement ScaleXP for our month-end process?

Getting started with ScaleXP is fast and straightforward — most finance teams are up and running in just a few days and using ScaleXP for month end in about 2 weeks

Connect your systems: Simply link ScaleXP to your accounting software (Xero, QuickBooks) and, if needed, your billing or CRM system such as Stripe or Salesforce.

Sync and review data: ScaleXP automatically imports your invoices, bills, and journals, identifying key transactions for accruals, deferrals, and revenue recognition.

Set up automation rules: Define how you want accruals, prepayments, and revenue schedules handled — our Customer Success team will help you configure these in line with your accounting policies. And we always suggest booking a short 30 minute meeting with them to ensure the system is optimized to your requirements.

Generate and validate journals: Within minutes, ScaleXP prepares automated journals and reconciliations that you can review, approve, and post directly back to your accounting system.

Every step is fully guided, transparent, and supported by our 5★-rated onboarding team, so you stay in control while gaining the speed and accuracy of full automation.

How can automation tools help maintain audit readiness and prevent accounting errors?

Automation tools lock closed accounting periods, generate recurring journals, and provide detailed audit trails for adjustments. Regular reviews and documentation ensure schedules match contract terms and prevent mistakes or unauthorized changes.