What is Deferred Revenue?

As part of our Recogniser features, Deferred Revenue helps finance teams automate deferred revenue schedules and revenue recognition journals. It identifies relevant transactions, recommends recognition schedules, and posts journals back to Xero or QuickBooks Online.

Who is Deferred Revenue designed for?

Deferred Revenue is designed for finance teams and accounting firms that need to recognise revenue over time rather than when an invoice is raised or cash is received. It is especially useful when revenue recognition is currently managed manually in spreadsheets.

How does Mayday identify transactions that need deferring?

Mayday’s AI-powered inbox scans transactions and surfaces those likely to need deferred revenue treatment. Teams can also set custom rules for transaction types and account codes, then review items individually or in bulk.

Can teams review the schedules before posting?

Yes. Mayday recommends deferred revenue schedules, but teams stay in control. They can review, edit, validate, and approve schedules before posting any revenue recognition journals to Xero or QuickBooks Online.

How does Deferred Revenue help with month end?

Deferred Revenue reduces the manual work and risk involved in revenue recognition. Teams can review schedules in one place, validate the period’s deferred revenue, and post journals in one click, reducing the chance of missed items or spreadsheets falling out of sync with the accounting system.

Can Mayday post deferred revenue journals to Xero or QuickBooks Online?

Yes. Once schedules have been reviewed, Mayday can post deferred revenue journals to Xero or QuickBooks Online in one click. Teams can choose whether to post at transaction level or nominal level, depending on the detail they need.

How can Deferred Revenue help my company scale without an ERP?

Deferred Revenue helps teams manage revenue recognition as part of a modern finance stack. It adds structure, automation, and review controls to a complex month-end workflow, helping businesses scale with Xero or QuickBooks Online without the bloat of a traditional ERP.

Welcome to Deferred Revenue

Automate the creation of your deferred revenue schedules and revenue recognition entries.

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Here’s how our Deferred Revenue product is helping teams save hours across the globe

Liam McNamara

Co-Founder at Project Alfred

"The way the new Deferred Revenue feature has been made is simple, but flexible, which is exactly how I was hoping it would be built. After providing feedback during the beta, I was able to manage all of the revenue scenarios I had encountered.

The team really listened to the feedback and thought through how revenue recognition can work easily."

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Rosie Cooper

Director - Cloud Accounting at PM+M

"I was so excited to be part of the beta for their deferred revenue and prepayment modules. I confess that a bunch of work came up, which delayed me getting started.

Can't believe what I was missing! OH MY GOD. What a PRODUCT."

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Martin Goodwin

Group Finance Manager at Open Box Software

"The Mayday Deferred Revenue feature is simple, easy to use and very flexible, so it can handle any situation you throw at it, which was the case for our company.

Most invoices follow a different revenue timeline and Mayday handled them with ease, we will definitely be using this tool going forward."