Summer 2022 Chargebee RevRec Enhancements

Jun 1st, 2022Product
  • Multi-currency support aligns Chargebee RevRec with ASC 606 / IFRS 15 international compliance, simplifies currency conversion.

  • Automated expense recognition now compliant with ASC 606, enabling efficient and accurate accounting for contract-related costs.

  • New integrations boost efficiency by syncing Chargebee RevRec with the entire tech stack, ensuring accurate revenue recognition.

  • The system now supports a 4-4-5 fiscal calendar, aligning it with retail operations for consistent financial reporting.

  • Chargebee's updates are designed to help businesses navigate economic uncertainty with reliable revenue recognition and compliance.

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