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Startup Accounting

The SaaS Billing Process, End to End

Written 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.

About the author

Harry Prabandham

Founder & CEO

Founder and CEO of StartupCFO. MBA from Wharton, MS in Computer Science, and decades of experience building and advising venture-backed startups.

More articles by Harry →

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