Revenue Recognition
Recognise Income in the Right Month, Automatically
Spread monitors your income, reads invoice attachments, and automatically creates revenue recognition journals. Your revenue always lands in the correct month without spreadsheets or guesswork.
Imagine an annual subscription invoiced upfront. Spread identifies this and spreads the income across 12 months.
Accruals & Prepayments
Detect and Allocate Costs Instantly
Spread scans all your costs and attachments, automatically detecting when expenses should be accrued or prepaid. No more manual calculations or missed adjustments.
Imagine a quarterly rent invoice. Spread reads the date range in the attachment and allocates the cost across the correct months.
Intelligent Month-End Accruals
Catch Missing Costs Before They’re a Problem
At month-end, Spread reviews your accounts and suggests accruals based on historic patterns and missing entries. When the Invoice arrives, Spread suggests the reversal.
Imagine a utility bill that only arrives quarterly in arrears. Spread recognises the pattern and posts a monthly accrual, then reverses it when the invoice arrives.
Has Three Powerful Features
How Spread Works - Step by Step
Forget the spreadsheet guesswork. Spread software simplifies your month-end journals in just a few clicks.
.png)
Step 1: We Scan Your Data
What normally happens:
You’re trawling through Xero, invoices, bills, and attachments manually.
With Spread:
We automatically scan your sales, costs, and all linked attachments in Xero. Nothing gets missed, no tabs, no filters, no downloads.
✅ Saves 1–2 hours of prep per client per month
✅ Eliminates missed journals and inconsistent tagging
Step 2: We Spot the Timing Errors
What normally happens:
You’re eyeballing transactions to spot what’s landed in the wrong month.
With Spread:
We flag transactions where income or costs don’t match the delivery month, and tell you what needs adjusting.
✅ No need to second-guess what’s been over- or under-accounted
✅ Improves accuracy before audit even begins
.png)
.png)
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.
✅ No formulas, no copy-paste 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.
✅ Keeps your name on the work without doing the legwork
✅ Makes review cycles faster and more focused
⚡️ From Hours to Minutes
Spread turns a clunky, error-prone manual tasks into a clean, automated workflow inside Xero, and with you in full control.
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.
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.
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.
Adjustments happen continuously in the background, not rushed at month-end, so the numbers are ready when you need them.
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.
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.
Run a high-margin, low-stress business where the work gets done for you, so you can earn more without working more.
Customer Testimonials
“Saved us countless hours of manual work at month-end”
Automate Accruals, Prepayments and Revenue Recognition in Xero
Free for 14 days