HubiFi Release Notes

Reporting Improvements - T1

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Multi-Entity & Multi-Functional Currency Support
Now supports maintaining, reporting, and posting in multiple functional currencies, distinct from consolidated reporting currency. Automatically posts in both functional and settlement currencies to your ERP.

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Reporting Improvements - T2 

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ERP Data Push
You can now automatically push journal entries from HubiFi into Sage and NetSuite.

ARR Reporting Dashboard
Introduced a dedicated Annual Recurring Revenue (ARR) dashboard providing clear, auditable visibility into New ARR, Churn, Expansions, and Contractions — all based on ASC 606 revenue data.

Deferred Waterfall Dashboard
Launched a universal Deferred Waterfall dashboard showing deferred revenue balances, bookings, recognition, and adjustments — fully pivotable by any upstream segmentation.

Snowflake Data Sharing
Added official Snowflake Data Sharing support. Sync reconciled HubiFi data directly to your Snowflake environment — no separate ETL needed.

Value Translation
Allows management of custom segmentations not represented in upstream metadata.

Alert Summaries
HubiFi now monitors for accounting-relevant data anomalies daily — including payments without corresponding invoices.

Rolling Lookback
Customize the number of months HubiFi filters by default upon login

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System Integration Improvements - T1.5

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• Perception: My team uses Stripe and multiple payment processors so HubiFi was the obvious choice to automate my order-to-cash accounting. 
• Product launch narrative: Increased functionality across Stripe, Apple, and Google Play PLUS Paddle integration means that HubiFi is the default go to order-to-cash accounting automation system for app stores. 
• Product launch content: App store specific CPE webinar with Paddle on app store accounting benchmarks, how to perfect, and how the integration between Paddle + HubiFi provides crystal clear reporting for teams. Case Study: Strava + Runna reporting + integration. 

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For each launch: 

• Comparator: What’s the status quo?
• Who is it for? Revenue Accounting leaders at SaaS 
• What is it?  Increased functionality across Stripe, Apple, and Google Play PLUS Paddle integration means that HubiFi is the default go to order-to-cash accounting automation system for app stores. 
• Why is it better? Get relevant, segment-specific benchmarks for every campaign automatically ← what’s the value? 

New Integration: Paddle
Introduced full integration with Paddle — including transaction data, fee details, and subscription events for complete revenue recognition and Order-to-Cash accounting.

Stripe Enhancements

• Connected Accounts: Added support for both Net and Gross accounting
• Bad Debt Policies: Added granular ASC 606/340 configurations — elect to treat Bad Debt as Revenue Reversal or Contra Revenue, with Proration/Reversal logic on contract cancellations.
• Tax Integrations: Added support for AvaTax, Stripe Tax, and Anrok — enabling automated tax liability recognition and jurisdiction/nexus reporting.
• Data Ingestion: Improved ingestion speeds, reducing initial sync times to under 24 hours even for large datasets.
• PII Filtering: Configure HubiFi to remove personally identifiable information (PII) from Stripe data during ingestion.

Google Play Store Enhancements
Added support for operating tax accounting for jurisdictions including Brazil, Taiwan, India, and others.

Apple App Store Enhancements
Added support for operating tax accounting for jurisdictions including Brazil, Taiwan, India, and others.

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