We have released new settings that allow you to hide $0 line-items on both invoices and statements. This simplifies invoices and statements for merchants that use components linked to a $0 product.
These new settings are available for Statements, legacy Invoice Billing, and our new Relationship Invoice architecture.
Revenue recognition reporting has moved from a nice-to-have to a necessity with the new ASC 606/IFRS 15 accounting standards that will be in full effect next year.
We’re excited to announce that we’ve acquired ProRata to deliver cutting-edge revenue recognition automation without the burden of complicated, labor-intensive reporting.
Offering non-recurring options is a great way to complement existing subscription products. Our preexisting solutions satisfied many use cases, but there is always room for improvement.
Say hello to one-time components, a powerful, flexible way to structure one-time charges for almost any non-recurring billing need. We’re excited about this new feature and what it enables our customers to accomplish.