In this video, we cover 3 essential QuickBooks Online tips specifically for SaaS companies that will help streamline your accounting processes and get the most out of QBO! We cover:
- how to structure your Chart of Accounts for multiple SaaS products
- best practices for tracking Stripe payments in QBO
- setting up recurring revenue recognition for SaaS subscriptions
Learn more about how Accruer can automate deferred revenue, prepaid expenses, and fixed assets directly in QBO:
signup.finoptimal.com/accruer?Industry_SaaS
🔎 Timestamps:
0:00 - Intro
0:10 - 1: Structuring Your Chart of Accounts
1:59 - 2: Recording Stripe Activity
3:14 - 3: Recurring Revenue Recognition
4:40 - Automating Deferred Revenue, Prepaid Expenses, and Fixed Assets w/ Accruer
Song: 1979 by Alien Cake Music
open.spotify.com/track/5YddY42SytpqMYumXGa94H?si=b1e0fb4f36ee4bf0