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IFRS & Accounting · Tool 23

IFRS 15 Revenue Recognition Schedule

Apply the five-step model and schedule revenue for contracts with multiple performance obligations.

Key features

  • Contract and performance obligation inputs
  • Transaction price allocation
  • Point-in-time and over-time recognition
  • Deferred and accrued revenue

Who it is for

Accountants · Financial controllers · Finance managers · Auditors

What is included

  • Instructions
  • Settings
  • Contracts
  • Allocation
  • Recognition schedule
  • Journals

Make it yours

Add your company or business name, logo, address, currency and date format. In the web app your branding is saved and shown on the dashboard and exports. Rename categories and lines to match your business.

Supports common contract patterns. Not a guarantee of IFRS compliance.

Requirements

Excel: Microsoft Excel 2016 or later, or Microsoft 365 (Windows or Mac). Google Sheets: a free Google account. Web app: a current browser on computer, tablet or phone.