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ASC 606 / IFRS 15 Compliance

Automate ASC 606.
Eliminate Audit Risk.

From the moment a contract is signed, GAAPX.ai automatically identifies performance obligations, allocates transaction prices, and generates revenue schedules — all linked back to source documents.

ASC 606 Step 1–5

Fully automated

IFRS 15

Parallel compliance

Big 4 Tested

Audit-ready output

Source-to-Output Traceability

Every revenue schedule linked to its signed contract.

Click any contract to inspect its full ASC 606 compliance checklist. Every line item traces back to the original signed contract PDF stored in Salesforce.

CTR-2024-0041

Acme Corp

Contract Value

$240,000

Monthly Revenue

$10,000

Contract Term

24 months

Performance Obligations

POB 1SaaS Platform License
POB 2Professional Services
POB 3Premium Support

ASC 606 Compliance Checklist

Contract identified
Performance obligations isolated
Transaction price allocated
Revenue schedule generated
Source contract linked (PDF)Linked
Audit evidence packaged
Full Traceability Chain

From signed PDF to auditor's binder.

Signed Contract PDF

Salesforce Opportunity

CPQ Order Lines

Revenue Schedule

GL Journal Entry

Immutable. Timestamped. Linked to the Salesforce record at every hop.