Led by Cody Leach, CPA, this session focuses on accounting for usage-based billing and what teams must do to properly account for both revenue accruals and deferred burn downs.
We’ll discuss how to manage credit drawdowns, prepaid balances, and overage calculations specifically for high volume businesses using tokens, API calls, seats, or credits. You’ll also learn how to account for credit grants, both paid and promotional, to ensure compliance with GAAP.
This session provides you the ability to reconcile real-time metering data to your GL on a daily basis.
Additional Information:
Prerequisites: Attendees should have 1-5 years prior industry experience and knowledge of GAAP compliance and usage-based billing.
Advanced Preparation: None
Program Level: Intermediate. Attendees should have 1-5 years prior industry experience and knowledge of GAAP compliance and usage-based billing.
Who should attend: Revenue accountants, Controllers, Heads of Finance
Delivery Method: Group Internet Based
Refunds and Cancellations: This program has no fee. For more information regarding administrative policies, such as complaints, refunds, and cancellations, please contact Christine Butchko at Christine@HubiFi.com.
Official Registry Statement:
HubiFi is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Analyze the accounting implications of various usage-based models, including "pay-as-you-go" billing and prepaid credit drawdowns.
Evaluate the technical requirements for integrating metering systems with revenue sub-ledgers to ensure accurate data flow
Identify specific internal controls necessary to manage the complexity of mid-period overages and consumption tracking.




