Automate Your Financial Data Operations With Machine Learning Algorithms
Discover how to effortlessly fuse Blue Onion into your workflow for transaction-level reconciliation, precise revenue recognition, and comprehensive financial reporting.
Use Blue Onion to Automate Your QuickBooks Workflow:
Booking QBO invoices
Harness the power of our ready-to-go revenue recognition journal entries to effortlessly book your QBO invoices. Say goodbye to manual data processing – all calculations are streamlined for you!
Automate Bank Reconciliation
Our advanced algorithms seamlessly match every order with its respective payment transaction and fees, ensuring accurate reconciliation all the way to the bank batch payout.
Accurate Deferred Revenue Waterfall
Our direct integration to your tech stack allows us to use the true product fulfillment date and offers you a detailed deferred revenue waterfall report.
No custom rule writings needed - we’ve got it all covered!
Key Features:
Ready-to-Book Journal Entries
Automatic calculation of merchant fees, chargebacks, and processor fees.
Adjusting journal entries to accommodate both partial and full cancellations.
Comprehensive reports on Gift Card balances:
Including sales, redemptions, refunds, complimentary issuances, and expirations.
Automated Accounts Receivable and Cash-in-Transit Reports
Get full visibility into cash movements at all times.
A clear audit trail that seamlessly connects the order system to the corresponding payment event and the correct payout in the bank account.
Revenue Recognition Waterfall
Transaction-level revenue recognition.
Ready-to-use journal entries aligned with ASC 606.
Direct integrations to capture accurate revenue reporting, including:
Fulfillment dates with split shipments.
Daily revenue recognition based on SaaS model.
Proactively Identify Data Issues
Stay in the loop about transactions with data discrepancies and anomalies.
Boost decision-making and foster better cross-team collaboration by enhancing data clarity.
Blue Onion far exceeded our expectations! Before Blue Onion, month-end close was a very labor-intensive process. It would take five days to compile the data, create journal entries, and reconcile payment processors. Now, journal entries are created on day one, and by day two, payments are reconciled. I could not be more pleased with Blue Onion.
Lee L. Controller
