We recently acquired a company using Stripe and turned on the revenue recognition tool but for the life of me I cannot get my GL (NetSuite) to tie out to their reporting. I have been using the activity report you mention to create daily AR to tie out cash receipts to, populate fees, and populate deferred revenue. I then check my total change to deferred against stripe (always ties) and use stripes total net revenue to create my JE to debit deferred and credit revenue for recognition. This always leaves me with a variance, sometimes very small but other times tens of thousands. Do you have any tips for me?
We recently acquired a company using Stripe and turned on the revenue recognition tool but for the life of me I cannot get my GL (NetSuite) to tie out to their reporting. I have been using the activity report you mention to create daily AR to tie out cash receipts to, populate fees, and populate deferred revenue. I then check my total change to deferred against stripe (always ties) and use stripes total net revenue to create my JE to debit deferred and credit revenue for recognition. This always leaves me with a variance, sometimes very small but other times tens of thousands. Do you have any tips for me?