Accruer
Accruer is FinOptimal's most popular QuickBooks Online app. Accruer simplifies accrual accounting down to a simple phrase: "for the period." Just write "for the period" in QuickBooks Online, or your favorite app that integrates with QuickBooks Online, and Accruer works in seconds to account for your transactions on an accrual basis. Let's say you prepaid a 12 month insurance bill? Just write "for the period [date] to [date]" and Accruer will perfectly amortize it across those dates, and will automatically create a backup file for you to reconcile against or share with an auditor. Accruer works like magic for: - deferred / unbilled revenue - prepaid / accrued expenses - payroll accruals - fixed asset depreciation Accruer eliminates the need for manual journal entries, clunky spreadsheets, and messy clean-up projects. It works seamlessly around locked periods so you can adjust accruals on the fly without any fear of restating your closed financial periods.
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