Deferred Revenue and Prepayments have launched!

Introducing Deferred Revenue & Prepayments

We’re excited to introduce Deferred Revenue and Prepayments, two new products built to automate the creation and recognition of your deferred revenue and prepayment schedules.

Following the success of our multi-entity product suite, Recharger, Balancer, BRAG, and HQ, this launch marks the first in a new wave of Mayday products designed to tackle universal month-end headaches for all finance teams.

Why did we build Deferred Revenue and Prepayments?

Right now, cost and revenue journals are an absurd combination of manual identification, logging, calculation, and posting. Finance teams waste hours every month:

• Manually reviewing all transactions at month end
• Logging each transaction in a spreadsheet and calculating the prepayment or deferred revenue release
• Manually posting the relevant journal to their accounting system
• Repeating this for every single transaction

Software can and should do more. And now, with Mayday’s new products, it can.

How do these new products work?

Within our new Recogniser module, Prepayments and Deferred Revenue automate every step of this tedious process, reducing your workflow from hours to minutes.

With these new products, you can effortlessly:

• Identify relevant transactions: Our AI-powered inbox scans your transactions and surfaces which require deferred revenue and prepayment schedules.
• Apply recommended schedules: Mayday’s AI calculates and creates the correct deferred revenue and prepayment schedule for every transaction.
• One-click post your journals: Post as draft or finalised to Xero or Quickbooks Online.

Ready to see it in action?

Watch our demo videos below to explore each product in detail:

‍

How are finance leaders already using Deferred Revenue & Prepayments?

We are grateful to our early users for working with us and helping us to bring our new products to life. Thanks to their insights, teams will save hours on their painful cost and revenue journal workflows.

How can I get started?

For new customers:‍

Sign up today and get 30-day free trial access. After your trial, standard pricing applies:

• Starting from £35/month per entity – Prepayments or Deferred Revenue individually
• Starting from £52.50/month per entity – both together (50% off the second)

Pricing per entity scales down as you add more entities.

Visit our pricing page to get started for free today!

For existing customers:‍

You can enable a 30-day free trial of Prepayments and Deferred Revenue from your Mayday product settings. After your trial, you’ll unlock a 50% discount on our standard pricing:

Discount offer: 🎉

• Starting from £17.50/month per entity – Prepayments or Deferred Revenue individually
• Starting from £26.25/month per entity – both together (50% off the second)

This launch pricing applies for 6 months on monthly plans or 12 months on annual plans and scales down as you add more entities.

Visit the product page in your Mayday settings to enable your free trial!