Customer Subscriptions and Related Expenses
Coming soonRevenue recognition, payment tracking, bill amortisation and bill tracking for subscription businesses.
Subscription revenue and the expenses that go with it: revenue recognition, term payment tracking, bill amortisation and bill tracking. It posts to a ledger inside BOLD and syncs the journal to your ERP — your ERP stays the book of record.
This solution is not available to buy yet. Nothing on this page is a commitment to a date — when it is ready to sell, it will say so here.
What it will do
Built around the books you already keep.
Every solution on this platform shares one database per customer, so a second product is a second subscription against the same company rather than a second system to reconcile against the first.
- A subscription on a sales order line recodes the income to deferred revenue, and a revenue recognition application moves it out again as it is earned
- Term payments and revenue recognition are separate schedules and may differ — money in on one shape, revenue earned on another
- Even, pro-rata or daily allocation per period, on both schedules
- A vendor bill coded to a subscription is expensed now or amortised, on a schedule you can edit to match the term
- A period-close entry reclassifies the long-term portion and reverses on the first day of the next period
- Multi-currency, usage allotments and overage, and sales tax
Where it actually is
The working prototype, the solution documentation and the database architecture are built. It uses what the platform already has — your accounting periods, your vendor list, your chart of accounts — rather than a second copy of each.
Available today
The Accounting Close Checklist is here now.
While Subscriptions is being built, the close checklist is sold, supported and in use — and it is the solution the others are being built alongside.