What is RevRec?

RevRec is now Chargebee RevRec.RevRec is a cloud-based software that enables SaaS+ companies to measure and manage their revenue, helping them compete in a subscription-based world. Chargebee integrates with RevRec to automate and ensure financial compliance with Accounting Standards Codification (ASC) 606 and International Financial Reporting Standard (IFRS) 15 guidelines. You can sync subscription information from Chargebee to RevRec and generate the revenue forecast metrics. This forecast can be used for recognizing revenue on a monthly basis in your accounting system.

Note:

• The Chargebee - RevRec integration is available only on all paid plans.
• Contact Chargebee Support to enable Chargebee - RevRec integration for your site.
• Test the integration on the Test Site before setting up the integration on the Live Site.