Online cost and revenue recognition and deferred revenue lifecycle management system that works seamlessly with QuickBooks and Xero. Flowrev delivers cloud based management accounting solutions that helps Founders/CEOs/CFOs/Controllers and CPAs/Accountants streamline and automate the cost and revenue recognition accounting for their company and clients. By eliminating time consuming, error prone spreadsheets, and automating their processes, finance managers/accountants can close faster and deliver more accurate, IFRS/GAAP compliant, financials regularly. Company executives gain near real time visibility into future revenue based upon actual contractual delivery obligations, and can regularly review forecasts and metrics such as MRR/ARR which are automatically updated as new contracts are added to the system.