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Enterprise Layer Intelligence
Categories/Tax & Accounting/HubiFi
HubiFi

HubiFi

Founded 2023

Automate revenue recognition, reconcile payment transactions to cash, and generate audit-ready journal entries

You can use HubiFi to automate revenue recognition and reconcile order-to-cash transactions directly to your general ledger. It connects with payment processors like Stripe and upstream billing systems to track upgrades, downgrades, refunds, and usage fees. The software manages complex accounting scenarios including deferred revenue, foreign currency conversions, prepaid credits, and contract modifications under ASC 606 standards. HubiFi generates detailed transaction-level journal entries and subledgers so accounting teams can close books faster and prepare for financial audits without manual spreadsheet reconciliations.

What HubiFi does

Reconcile Stripe payouts with general ledger entriesGenerate audit-ready ASC 606 journal entriesTrack credit grant burndowns and usage overagesExport detailed subledger reports to the ERPDrill down into transaction-level invoice dataCalculate bad debt and credit loss adjustmentsSync billing data from upstream payment providersReconciles Stripe transactions directly to cash and bank payoutsCalculates ASC 606 compliant revenue schedules automaticallyHandles token burndowns, prepaid credits, and usage-based billing in arrearsCreates detailed subledgers with transaction-level audit trailsManages foreign currency accounting and adjustments under ASC 830Generates and exports journal entries directly into ERP systemsTracks contract cost capitalization under ASC 340-40

Frequently asked

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HubiFi, revenue recognition, ASC 606, Stripe reconciliation, order to cash, journal entries, deferred revenue, accounting automation, general ledger, ERP integration, financial audit, subledger, billing reconciliation