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Automate Accruals, Prepayments and Revenue Recognition in Xero

Take on more clients without hiring.
Spread frees your best people from repetitive work.
Your whole team closes faster, and your senior accountants spend their time where it counts.

Free for 14 days

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Spread Software Demo Video

Your existing tools get the data into Xero. 

Spread is what happens next.

Spread Workflow.png

Every tool stops at Xero. Spread starts there.

One Solution.
Three Month-End Problems. Solved

Revenue Recognition

An annual subscription invoiced upfront. 

Spread reads the attachment and spreads the income across 12 months automatically. No manual journals, no spreadsheets. Your revenue always lands in the correct month.

Accruals & Prepayments

A quarterly rent invoice arrives.

Spread reads the date range from the attachment and allocates the cost across the correct months before you've even looked at it. No more manual calculations or missed adjustments.

Intelligent Month-End Accruals 

A recurring utility bill hasn't arrived.

Spread recognises the pattern, posts the monthly accrual, and reverses it automatically when the invoice arrives.

How It Works

What Spread Does While You're Not Looking

No spreadsheets. No manual journals. Just Xero, working the way it should.

Spread Software accruals dashboard in Xero.

Step 1: We Read Everything in Xero

What normally happens:

You’re trawling through Xero, invoices, bills, and attachments manually.

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With Spread:
We automatically read the descriptions, scan your sales, costs, and all linked attachments in Xero. Nothing gets missed.

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✅  Saves 1–2 hours of prep per client per month


✅  Brings consistency with rules-based automation

Step 2: We Flag What's In The Wrong Month

What normally happens:

You’re eyeballing the P&L to spot what’s landed in the wrong month.


With Spread:
We flag transactions where income or costs don’t match the service period and automatically create the journals.

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✅  Free yourself from repetitive tasks


✅  Costs and sales in the correct months for accurate reporting of profits.

Spread Software prepayments dashboard in Xero.
Spread Software deferred revenue dashboard in Xero.

Step 3: We Auto-Generate the Journals

What normally happens:

You’re building accrual and prepayment schedules in Excel, then keying them into Xero.

 

With Spread:
We calculate and post the correct journals, accruals, prepayments, and revenue deferrals straight into Xero.

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✅  No spreadsheet, reduced errors


✅  Journals are consistent, accurate, and audit-trail ready

Step 4: You Review and Approve

Want to stay in control? You can preview, edit, or approve any journal before it hits your Xero ledger.

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Our balance sheet reconciliation report offers another control layer.

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✅  Choose your level of automation and review


✅  Makes review cycles faster and more focused

Accountant Practice Dashboard

The Journals Are Ready Before You've Even Started Month-End.
You Just Approve Them.

Most practices are still doing this in Excel. That's a spreadsheet that's wrong half the time, lives outside Xero, and only one person knows how to use.

Who's it for?

Spread accounting software is built for busy finance professionals who want to close the month faster and with less hassle.

1 / Accountancy Practices

Bring consistency to how accruals and prepayments are handled across every client with rule-based automation.

 

Instead of relying on individual staff knowledge, create a standardised way of working that’s easy to roll out and maintain.

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Reduce onboarding time, simplify training, and deliver the same high-quality output, no matter who’s doing the work.

2 / Finance Teams Using Xero

Close faster. Trust your numbers.

Replace manual spreadsheets and fragmented processes with automated accruals, prepayments, and deferred revenue adjustments, all posted directly in Xero.

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Speed up your month-end close, reduce errors, and give stakeholders confidence in the numbers, without putting extra pressure on your team.

3 / Fractional CFOs and Finance Directors

Your bottleneck isn’t insight. It’s clean numbers.

You can’t advise on numbers you don’t trust, so you end up waiting, waiting for adjustments, waiting for corrections, waiting until you’re confident everything is right.

 

By the time you get there, the moment to act has already passed and the conversation has lost its impact.

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Adjustments happen continuously in the background, not rushed at month-end, so the numbers are ready when you need them.

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That gives you earlier visibility, faster reporting, and better conversations with your clients.

4 / Self Employed Bookkeepers

Free up time for higher-value work and advisory services.

Automate the grind. Keep the margin. 

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Automate accruals, prepayments, and deferred revenue journals directly into Xero and remove the repetitive work that eats into your time.

 

Take on more work without the need to hire, outsource, or manage a team just to get through the month-end.

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Run a high-margin, low-stress business where the work gets done for you, so you can earn more without working more.

Who's It For?
Customer Testimonials

“Saved us countless hours of manual work at month-end”

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Automate Accruals, Prepayments and Revenue Recognition in Xero

Still thinking about it?
Most people who book a demo are posting journals automatically within their first month. Takes 10 minutes to connect your first organisation.

Free for 14 days

Contact us: support@spread.finance | 020 8135 7360
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