Startup Accounting
The SaaS Billing Process, End to End
Collated by Harry Prabandham
Curated by Rubric Financial
Last updated
1 / 5
Order to Cash in Four Stages
- Every subscription dollar moves through four stages: order, invoice, collect, recognize.
- The order captures what the customer agreed to buy, at what price, for what term.
- The invoice turns that agreement into a bill the customer is expected to pay.
- Collection brings cash in the door, and recognition earns the revenue over time.
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About the author
Harry PrabandhamFounder & CEO
Founder and CEO of StartupCFO. MBA from Wharton, MS in Computer Science, and decades of experience building and advising venture-backed startups.
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