DualEntry Revenue Recognition

What DualEntry Revenue Recognition is

DualEntry Revenue Recognition automates revenue recognition for finance teams working with subscription, usage and metered, transaction, hybrid, or milestone revenue. It handles contract changes such as mid-month seat upgrades and added services, applying cumulative catch-up or prospective adjustments. DualEntry says it supports ASC 606 and IFRS 15, including parallel reporting under both standards. For audit work, the product provides an auditor self-service trail, links line items to their original contracts, and preserves amendment history.

The listed capabilities also cover deferred revenue, subscription metrics, approval workflows, close workflows, and multi-entity accounting. Its DualEntry plan includes unlimited users, transactions, classifications, and currencies, with up to three entities; DualEntry Plus allows up to 20 entities, while DualEntry Ultra allows unlimited entities. DualEntry lists HubSpot, Salesforce, Stripe, Ramp, Brex, and SAP Concur among its integrations, and says it has 200+ accounting integrations and 13,000+ bank connections. It runs in the cloud and is available through web and API. Pricing is on request, and the maker says there is no free trial. The company describes its ERP as serving organizations from mid-market through IPO, and its revenue recognition product as intended for scaling and pre-IPO finance teams.

Who it suits

It suits scaling and pre-IPO finance teams that need to account for several revenue models, contract changes, and multi-entity operations. Teams that require reporting under both ASC 606 and IFRS 15 may also find its parallel reporting useful.

Limits

The base DualEntry plan supports up to three entities; DualEntry Plus allows up to 20, and DualEntry Ultra allows unlimited entities. Integrations may incur an additional license fee and can delay implementation by up to four weeks.

Getting started

1. Open the DualEntry Revenue Recognition website.
2. Request pricing for the DualEntry, DualEntry Plus, or DualEntry Ultra plan.
3. Use the cloud product through its web or API platform; no software download is required.
4. Ask about required integrations, which may carry an additional license fee and delay implementation by up to four weeks.

Verdict

Choose DualEntry Revenue Recognition if your finance team needs multiple revenue models, contract-change handling, or parallel ASC 606 and IFRS 15 reporting. Look elsewhere if you need a free trial or published pricing before contacting a vendor.