Accounting and Taxes
Stay on top of your revenues and eliminate manual work with smart accounting and taxes for any digital business model
Manage your recurring, transactional, pay-per-use, or other digital-first revenues from record to report, set smart posting rules for revenues, payments, and taxes, and handle any number of debtors effortlessly
Keep track of your accounting and stay on top of things with directly actionable insights
Let Nitrobox do the work with tax automation and accurate revenue recognition and bookings
Beat the closing date effortlessly thanks to continuous real-time bookings of revenues and taxes
Sub-ledger and Chart of Accounts
Set-up and manage multiple accounts
Configure accounts with freedom and flexibility
Define the currency, account type, or tax grouping to match your general ledger accounts, or compose your chart of accounts from scratch with a multi-currency accounting solution.
- Simple self-service accounts management without tech resources
- Fast, easy sub-ledger set-up, always add accounts as you go
- Effortlessly handle multiple foreign currency scenarios, FOREX (foreign exchange rates), and multi-currency accounting
Booking Rules
Automate your sub-ledger
Scale revenue accounting without extra manual effort
Create data-driven revenue accounting and tax automation rules, payment, debtor bookings, and financial reporting and analytics.
- Ensure accurate bookings with automation and reduced manual errors
- Access sub-ledger in real-time and always have your numbers on hand
- Continuous bookings in real-time for a stress-free closing date
- Create or add new revenue, tax, payment, and debtor rules quickly
Revenue Recognition
Manage accruals and deferrals
Ensure accuracy of recognized revenues
Ensure compliance with IFRS, HGB, GAAP, and FASB revenue recognition standards.
- Set-up your specific revenue recognition rules as needed for compliance
- Recognize revenue from microtransactions to subscriptions without extra effort
- Establish custom rules for currency, geography, or business model
