Summer 2022 Chargebee RevRec Enhancements
Jun 1st, 2022Product
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Multi-currency support aligns Chargebee RevRec with ASC 606 / IFRS 15 international compliance, simplifies currency conversion.
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Automated expense recognition now compliant with ASC 606, enabling efficient and accurate accounting for contract-related costs.
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New integrations boost efficiency by syncing Chargebee RevRec with the entire tech stack, ensuring accurate revenue recognition.
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The system now supports a 4-4-5 fiscal calendar, aligning it with retail operations for consistent financial reporting.
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Chargebee's updates are designed to help businesses navigate economic uncertainty with reliable revenue recognition and compliance.