Revenue Recognition Software
Budget Maestro, through its flexible revenue recognition interface, removes the risk of misallocating revenue. Just define your different classes of revenue schedules, such as software licenses, services, projects, funds, support, and maintenance, then simply apply them to your sales assumptions. The result is a realistic revenue forecast with an accurate reflection on your Balance Sheet, Cash Flow and Income Statement reports.
Budget Maestro revenue recognition software lets you treat each type of revenue individually and roll up all different revenue streams into a comprehensive company wide view.
This is all accomplished without spreadsheet formulas and the debugging that go with them.
Budget Maestro revenue forecasting software does all the calculations and consolidation for you, based on whatever parameters you enter for each of your sales assumptions.
Budget Maestro revenue recognition software enables you to:
- Use a powerful wizard to customize as many revenue recognition schedules as you desire
- Record all revenue-related activities in the appropriate period(s)
- Generate a synchronized P&L, Balance Sheet and Statement of Cash Flows based on precise data – not averages or approximations
- Easily generate revenue and related balance sheet liability reports based on your assumptions