ASC 606 Revenue Recognition
What it does Traceability Aprilis overview
ASC 606 · Revenue from contracts with customers

ASC 606 workpapers,built in minutes.

Upload your customer contracts. Aprilis analyzes the agreement and produces a structured, review-ready workpaper with calculations and supporting documentation.

Contract in, workpaper out

What actually happens

01 · Upload
Your customer contract
MASTER SERVICE AGREEMENT AND ORDER FORM
2.1  Term
Initial term of 36 months commencing on the Effective Date.
3.1  Fees
Customer shall pay $1,450,000 comprising platform access, implementation services and premium support.
4.2  Implementation
Provider shall complete onboarding within 90 days of execution.
→
02 · Aprilis analyzes
Obligations identified
Platform access
Over time · 36 months
986,000.00
Implementation
Point in time · on acceptance
290,000.00
Premium support
Over time · ratable
174,000.00
Allocated on relative standalone selling price
→
03 · Download
Review-ready workpaper
Transaction price1,450,000.00
Allocated1,450,000.00
Recognized to date412,916.67
Deferred revenue1,037,083.33
Allocation tie-out0.00 ✓
9 tabs · live formulas · sourced to the agreement

Every figure in the delivered workbook is a live Excel formula, not a pasted number.

Scope

What Aprilis handles on an ASC 606 engagement.

From the signed agreement through to the workbook your reviewer opens.

Contract review and key term extraction

Parties, term, pricing, deliverables, renewal and termination provisions, pulled from the agreement and its amendments.

Performance obligation analysis

Which promises are distinct, which are bundled, and the reasoning behind each conclusion.

Transaction price and allocation

Variable consideration, discounts and standalone selling price allocation, calculated in the workbook.

Revenue recognition schedules

Point-in-time and over-time recognition, period by period, with deferred revenue carried forward.

Supporting guidance

The ASC 606 references behind each conclusion, cited in the workpaper where the conclusion is reached.

Review-ready Excel workbook

Structured tabs, live formulas, tie-out checks on the face of the workpaper, and sign-off blocks.

Source traceability

Hover any figure and see the document and section it came from, or how it was derived.

The difference

Same conclusion. Far less of your week.

The judgement stays with you. The assembly does not.

Traditional
01Read the contract and every amendment
02Research the applicable guidance
03Build the calculations from scratch
04Document the conclusions
05Assemble the workpaper for review
Days of work per contract
With Aprilis
01Upload the contract
02Review the completed workpaper
Minutes to a first draft
Not a black box

Built for review.

You see the assumptions, the calculations, the source documents and the accounting guidance behind every conclusion. If you disagree with a judgement, you can find it, change it, and see what moves.

Live formulas

Every figure is an Excel formula referencing labelled cells. Click any number and follow it back.

Sourced inputs

Each input names the document and section it came from. Anything the documents do not support is flagged, never assumed.

Stated judgements

Assumptions appear as visible, editable inputs with the reasoning beside them.

Checks on the face

Tie-outs and validation checks are written into the workbook, so a reviewer sees pass or fail immediately.

Who uses it

For the people who own the revenue conclusion.

Controllers Revenue accounting teams Technical accounting teams CFOs CPA firms

Particularly software and technology companies, where customer contracts carry multiple obligations, variable consideration and renewal terms that have to be analyzed one agreement at a time.

Security

Your client data stays yours.

Encrypted in transit. All traffic runs over HTTPS with secure session cookies.
Never used to train models. Your documents are not sold, shared, or used as training data.
Isolated by account. Files and projects are scoped to their owner and cannot be reached by another user.
SOC 2 Type 1 (Security). Independently examined by a licensed CPA firm. Report available to customers under NDA.

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See what Aprilis produces from it.