Rillet Finance & Accounting
Core financial management including general ledger, accounts payable/receivable, fixed assets, cash management, and financial reporting. The backbone of any ERP system.
Finance & Accounting is a core strength for Rillet — a primary capability included in standard deployments. The product is best suited to mid-market saas and subscription businesses leaving netsuite or sage intacct that want a faster close.
The finance & accounting scope Rillet ships, grouped as the product itself organises it.
Cash Reconciliation Reporting3
Covers the report that shows reconciliation status and progress across bank accounts.
- View the Cash Reconciliation ReportCovers reading the report that summarizes reconciliation progress by bank account.
- Understand the Cash Reconciliation ReportCovers interpreting the fields and statuses shown on the reconciliation report.
Will Rillet meet your cash reconciliation reporting needs? Build your requirements and perform a full analysis.
Build my requirements →Contracts14
Covers drafting, staging, amending, and closing out revenue contracts, from manual entry through bulk import and AI-assisted upload.
- Add a ContractCovers manually creating a new revenue contract and its line items.
- Managing ContractsCovers viewing and editing an existing contract's items and revenue schedule.
- Copy ContractsCovers duplicating an existing contract as a starting point for a new one.
- How to Create an Auto-Renewing ContractCovers configuring a contract to automatically extend at term end without manual re-entry.
- View GL Impact for Usage CyclesCovers seeing how a usage-billing cycle posts to the general ledger.
- Add a ContractCovers manually creating a new revenue contract and its line items.
- Managing ContractsCovers viewing and editing an existing contract's items and revenue schedule.
- Copy ContractsCovers duplicating an existing contract as a starting point for a new one.
- How to Create an Auto-Renewing ContractCovers configuring a contract to automatically extend at term end without manual re-entry.
- View GL Impact for Usage CyclesCovers seeing how a usage-billing cycle posts to the general ledger.
- Smart Contract UploadCovers uploading a contract document and having Rillet extract its terms automatically.
- Generate 606 Analysis in RilletCovers producing an ASC 606 revenue-recognition analysis for a contract.
- Import Contracts in BulkCovers loading many contracts at once via a CSV template.
- Contract Amendments (API)Covers applying or previewing a change to an in-flight contract via the API.
- Draft Contracts (API)Covers staging a contract in a draft, pre-approval state before it becomes binding.
- Contract Item Usage Tracking (API)Covers recording, retrieving, and removing metered usage quantities against a contract line item.
- Set Contract End Date (API)Covers closing out an open-ended contract by giving it a fixed end date.
- Delete a Contract (API)Covers permanently deleting a contract record via the API.
Will Rillet meet your contracts needs? Build your requirements and perform a full analysis.
Build my requirements →Vendors8
Covers maintaining the vendor master list and the credit memos and transaction reclassifications applied against it.
- Add a New VendorCovers creating the master record for a new supplier.
- Reclassify TransactionsCovers moving a transaction to a different GL account or dimension after the fact.
- How to Merge VendorsCovers combining two duplicate vendor records into one.
- Vendor CreditsCovers recording a credit issued by a vendor that reduces amounts owed to them.
- Update or Delete a Vendor (API)Covers editing or removing a vendor master record via the API.
- Add a New VendorCovers creating the master record for a new supplier.
- Reclassify TransactionsCovers moving a transaction to a different GL account or dimension after the fact.
- How to Merge VendorsCovers combining two duplicate vendor records into one.
- Vendor CreditsCovers recording a credit issued by a vendor that reduces amounts owed to them.
- Update or Delete a Vendor (API)Covers editing or removing a vendor master record via the API.
- Vendor Credit Applications (API)Covers applying an existing vendor credit against one or more open bills via the API.
- Update or Delete a Vendor Credit (API)Covers editing or removing a vendor credit record via the API.
Will Rillet meet your vendors needs? Build your requirements and perform a full analysis.
Build my requirements →Journal Entries12
Covers manually posting, reversing, bulk-uploading, and approving general ledger journal entries.
- Create a Journal EntryCovers manually posting a balanced debit/credit journal entry to the general ledger.
- Upload Journal EntriesCovers bulk-loading many journal entries at once via a CSV template.
- Create a Reversal Journal EntryCovers automatically generating the offsetting entry that reverses a prior journal entry.
- Set Up Journal Entry Approval WorkflowCovers configuring the sign-off steps a journal entry must pass before it posts.
- Approve Pending Journal Entries in LaunchpadCovers reviewing and approving journal entries awaiting sign-off from the Launchpad dashboard.
- Create a Journal EntryCovers manually posting a balanced debit/credit journal entry to the general ledger.
- Upload Journal EntriesCovers bulk-loading many journal entries at once via a CSV template.
- Create a Reversal Journal EntryCovers automatically generating the offsetting entry that reverses a prior journal entry.
- Set Up Journal Entry Approval WorkflowCovers configuring the sign-off steps a journal entry must pass before it posts.
- Approve Pending Journal Entries in LaunchpadCovers reviewing and approving journal entries awaiting sign-off from the Launchpad dashboard.
- Journal Entry Approval Workflow (Feature Incoming)Describes an upcoming change to the journal entry approval workflow.
- Journal Entry Approvals (New Version)Covers the updated version of the journal entry approvals experience.
- Journal Entry ApprovalsCovers the standard journal entry approval process.
- Journal Entry Audit TrailCovers the history of edits and approvals recorded against a journal entry.
- List & Get Journal Entries (API)Covers listing or retrieving journal entries through the API with filter support.
- Update or Delete a Journal Entry (API)Covers editing or removing a manual journal entry through the API.
Will Rillet meet your journal entries needs? Build your requirements and perform a full analysis.
Build my requirements →AP Revaluation7
Covers revaluing open payables balances held in a foreign currency as exchange rates move.
- Set Up AP Revaluation AccountsCovers configuring the GL accounts used to record AP currency revaluation.
- Create a Bill with FXCovers entering a vendor bill denominated in a foreign currency.
- Unrealized FX Gains and Losses for Accounts PayableCovers how open foreign-currency payables generate an unrealized gain or loss as rates move.
- Bill Payments with FXCovers recording a payment against a foreign-currency bill.
- Create a Bill Credit with FXCovers recording a vendor credit denominated in a foreign currency.
- Set Up AP Revaluation AccountsCovers configuring the GL accounts used to record AP currency revaluation.
- Create a Bill with FXCovers entering a vendor bill denominated in a foreign currency.
- Unrealized FX Gains and Losses for Accounts PayableCovers how open foreign-currency payables generate an unrealized gain or loss as rates move.
- Bill Payments with FXCovers recording a payment against a foreign-currency bill.
- Create a Bill Credit with FXCovers recording a vendor credit denominated in a foreign currency.
- Access AP Aging with FXCovers viewing the AP aging report with foreign-currency balances included.
Will Rillet meet your ap revaluation needs? Build your requirements and perform a full analysis.
Build my requirements →Subsidiaries5
Covers registering and configuring each legal entity a company operates so it can be reported on individually or together.
- Set Up a New SubsidiaryCovers registering a new legal entity as a subsidiary in Rillet.
- Budget v Actuals for Multi-Entity OrganizationsCovers comparing budget to actuals across more than one subsidiary.
- List Subsidiaries (API)Covers retrieving the list of subsidiaries configured for an organization via the API.
- Get a Subsidiary (API)Covers retrieving a single subsidiary's details by ID via the API.
Will Rillet meet your subsidiaries needs? Build your requirements and perform a full analysis.
Build my requirements →Bank Feeds8
Covers getting bank transaction data into Rillet, whether via a live feed, manual CSV, or the API, and excluding or configuring individual transactions and accounts.
- Getting Started with Cash ReconciliationCovers the initial steps to begin reconciling bank feed data.
- Exclude Transactions from Your Bank FeedCovers marking a bank feed line as excluded so it does not need to be matched.
- Upload Bank TransactionsCovers manually importing bank transaction rows via a file when no live feed exists.
- List, Create & Get Bank Transactions (API)Covers the API endpoints for listing, adding, and retrieving individual bank transaction records.
- Update or Delete a Bank Transaction (API)Covers editing or removing a single bank transaction record via the API.
- Getting Started with Cash ReconciliationCovers the initial steps to begin reconciling bank feed data.
- Exclude Transactions from Your Bank FeedCovers marking a bank feed line as excluded so it does not need to be matched.
- Upload Bank TransactionsCovers manually importing bank transaction rows via a file when no live feed exists.
- List, Create & Get Bank Transactions (API)Covers the API endpoints for listing, adding, and retrieving individual bank transaction records.
- Update or Delete a Bank Transaction (API)Covers editing or removing a single bank transaction record via the API.
- List & Create Bank Accounts (API)Covers listing configured bank accounts and registering a new one through the API.
- Get or Delete a Bank Account (API)Covers retrieving or removing a single bank account definition through the API.
Will Rillet meet your bank feeds needs? Build your requirements and perform a full analysis.
Build my requirements →Invoicing & Payments29
Covers creating and sending customer invoices, collecting and recording payments against them, and handling exceptions like credits, refunds, and write-offs.
- Create a New InvoiceCovers manually creating a customer invoice with line items and taxes.
- Send InvoicesCovers emailing a finalized invoice to a customer.
- Add Billing Periods to InvoicesCovers tagging an invoice with the service period it bills for.
- Automated Invoice FrequencyCovers setting a recurring cadence so invoices generate automatically.
- Customer Address Validation for InvoicingCovers checking a customer's billing address for validity before invoicing.
- Create a New InvoiceCovers manually creating a customer invoice with line items and taxes.
- Send InvoicesCovers emailing a finalized invoice to a customer.
- Add Billing Periods to InvoicesCovers tagging an invoice with the service period it bills for.
- Automated Invoice FrequencyCovers setting a recurring cadence so invoices generate automatically.
- Customer Address Validation for InvoicingCovers checking a customer's billing address for validity before invoicing.
- Create a Refund TransactionCovers issuing a refund back to a customer against a prior payment.
- Auto-Pay SettingsCovers enabling automatic charging of a customer's saved payment method when invoices come due.
- Apply an Open Credit to an InvoiceCovers offsetting an outstanding invoice with an existing customer credit balance.
- Import Credit MemosCovers bulk-loading customer credit memos via a CSV template.
- Customer OverpaymentCovers handling a customer payment that exceeds the invoice amount owed.
- Use Dynamic Mentions in Invoice CommunicationsCovers inserting variable placeholders like customer name into invoice emails.
- Custom Email for InvoicingCovers sending invoice emails from a company's own address rather than a Rillet default.
- Custom Brand Colors for Customer DocumentsCovers applying a company's brand colors to invoice PDFs and portals.
- Turn Off Automatic RemindersCovers disabling scheduled reminder emails for overdue invoices.
- Add a Credit MemoCovers manually creating a credit memo that reduces a customer's balance owed.
- Create a New ProductCovers defining a sellable product or service and its pricing so it can be added to contracts and invoices.
- Add a New Customer to RilletCovers creating the master record for a new customer that can then be billed.
- Managing CustomersCovers editing an existing customer's billing profile and details.
- Customer StatusCovers the states a customer record can be in, such as active or churned.
- Customer StatementsCovers generating a statement summarizing a customer's invoice and payment history.
- Invoice a New CustomerCovers the end-to-end steps to bill a newly added customer for the first time.
- Write Off Bad DebtCovers recording an invoice as uncollectible so it no longer counts toward AR.
- Record & Reverse Invoice Payments (API)Covers recording, correcting, or reversing a payment applied to an invoice via the API.
- Update or Delete an Invoice (API)Covers replacing or permanently deleting an invoice record via the API.
- Recalculate Invoice Taxes (API)Covers refreshing the tax lines on an invoice after a rate or address change.
- Mark Invoice Sent Status (API)Covers flagging an invoice as delivered to the customer via the API.
- Credit Memo Applications (API)Covers applying or clearing how a credit memo offsets one or more invoices via the API.
- Update or Delete a Credit Memo (API)Covers editing or removing a credit memo record via the API.
Will Rillet meet your invoicing & payments needs? Build your requirements and perform a full analysis.
Build my requirements →Prepaid Expenses4
Covers recording prepaid costs and recognizing them into expense over their applicable schedule.
- Prepaid ExpensesCovers the general concept of a prepaid expense and how it is recognized over time.
- Create a Prepaid ExpenseCovers recording a new prepaid expense and its amortization schedule.
- Make Prepaid Schedule AdjustmentsCovers editing an existing prepaid expense's recognition schedule.
Will Rillet meet your prepaid expenses needs? Build your requirements and perform a full analysis.
Build my requirements →VAT4
Covers configuring and applying VAT and sales tax on transactions.
- Understand VAT and Sales TaxesCovers the general concepts of VAT and sales tax as applied to transactions.
- VAT Taxes in RilletCovers how VAT rates and rules are configured and applied inside Rillet.
- List Tax Rates (API)Covers retrieving the tax rates configured for an organization via the API.
Will Rillet meet your vat needs? Build your requirements and perform a full analysis.
Build my requirements →AR Revaluation7
Covers revaluing open receivables balances held in a foreign currency as exchange rates move.
- Set Up AR Revaluation AccountsCovers configuring the GL accounts used to record AR currency revaluation.
- Create an Invoice with FXCovers billing a customer in a currency other than the entity's base currency.
- Unrealized Gains and Losses for Accounts ReceivableCovers how open foreign-currency receivables generate an unrealized gain or loss as rates move.
- Invoice Receipts with FXCovers recording a customer payment received against a foreign-currency invoice.
- Create a Credit Memo with FXCovers issuing a credit memo denominated in a foreign currency.
- Set Up AR Revaluation AccountsCovers configuring the GL accounts used to record AR currency revaluation.
- Create an Invoice with FXCovers billing a customer in a currency other than the entity's base currency.
- Unrealized Gains and Losses for Accounts ReceivableCovers how open foreign-currency receivables generate an unrealized gain or loss as rates move.
- Invoice Receipts with FXCovers recording a customer payment received against a foreign-currency invoice.
- Create a Credit Memo with FXCovers issuing a credit memo denominated in a foreign currency.
- Access AR Aging with FXCovers viewing the AR aging report with foreign-currency balances included.
Will Rillet meet your ar revaluation needs? Build your requirements and perform a full analysis.
Build my requirements →Consolidation3
Covers rolling up multiple subsidiaries' ledgers into one combined set of financial statements.
- Introduction to Multi-Entity ConsolidationCovers the concept of rolling multiple subsidiaries' ledgers up into one combined view.
- Consolidated Financial StatementsCovers generating a single set of financial statements spanning multiple subsidiaries.
Will Rillet meet your consolidation needs? Build your requirements and perform a full analysis.
Build my requirements →Close Reports6
Covers the supplementary reports run during period close to validate figures and satisfy audit and tax requirements.
- Close Reports OverviewCovers the set of reports available for validating figures during a period close.
- 1099 ReportCovers generating the data needed for annual 1099 vendor tax filings.
- Sales Tax ReportCovers summarizing sales tax collected for a filing period.
- VAT ReportCovers summarizing VAT collected and owed for a filing period.
- Deletion LogsCovers the record of which transactions were deleted and by whom.
Will Rillet meet your close reports needs? Build your requirements and perform a full analysis.
Build my requirements →Transaction Classification & Matching5
Covers how incoming bank lines get classified and matched to existing records automatically or by hand, including cross-currency cases.
- How Automatching WorksCovers the rules Rillet applies to automatically pair a bank line with an existing record.
- Matching and Unmatching Transactions with RilletCovers manually pairing or un-pairing a bank line with a ledger record.
- Use the Match and Adjust FeatureCovers matching a transaction while simultaneously correcting a discrepancy in amount.
- FX TransactionsCovers matching bank lines that involve a currency conversion.
Will Rillet meet your transaction classification & matching needs? Build your requirements and perform a full analysis.
Build my requirements →Usage-Based & Minimum Commitments8
Covers billing customers based on metered usage plus minimum spend commitments, including uploading and adjusting usage data.
- Create a Usage-Based ProductCovers configuring a product priced by metered usage rather than a flat fee.
- Add a Usage-Based ContractCovers building a contract line item that bills against usage volume.
- Upload Usage DataCovers importing metered usage quantities in bulk for a billing period.
- Set Up the Usage Minimum CommitmentCovers configuring a minimum spend floor that applies regardless of actual usage.
- Set Up Commitment ContractsCovers building a contract structured around a committed spend or volume level.
- Create a Usage-Based ProductCovers configuring a product priced by metered usage rather than a flat fee.
- Add a Usage-Based ContractCovers building a contract line item that bills against usage volume.
- Upload Usage DataCovers importing metered usage quantities in bulk for a billing period.
- Set Up the Usage Minimum CommitmentCovers configuring a minimum spend floor that applies regardless of actual usage.
- Set Up Commitment ContractsCovers building a contract structured around a committed spend or volume level.
- Remove Usage AmountsCovers deleting previously entered usage quantities for a given date.
- Update Existing Usage AmountsCovers correcting a previously entered usage quantity.
Will Rillet meet your usage-based & minimum commitments needs? Build your requirements and perform a full analysis.
Build my requirements →Charges & Reimbursements5
Covers card and out-of-pocket employee spend, both bulk-uploaded charges and reimbursement requests employees submit.
- ChargesCovers bringing card and out-of-pocket charge data into Rillet for review.
- Create or Delete a Charge (API)Covers adding or removing an individual charge record via the API.
- Reimbursements (API)Covers creating and retrieving employee reimbursement requests via the API.
- Delete a Reimbursement (API)Covers permanently removing a reimbursement request via the API.
Will Rillet meet your charges & reimbursements needs? Build your requirements and perform a full analysis.
Build my requirements →Accruals6
Covers identifying and posting accrual entries, either manually or with AI-suggested drafts, so costs are recorded in the period they belong to.
- AI-Powered AccrualsCovers Rillet suggesting accrual entries automatically based on recurring vendor patterns.
- Create and Manage AccrualsCovers manually creating and maintaining accrual entries.
- Edit Accruals and Review AI AnalysisCovers reviewing and adjusting an AI-suggested accrual before it posts.
- Review and Post AccrualsCovers the final review step before an accrual entry is posted to the ledger.
- Configure AI Settings for AccrualsCovers tuning how aggressively the AI proposes accrual entries.
Will Rillet meet your accruals needs? Build your requirements and perform a full analysis.
Build my requirements →Chart of Accounts6
Covers building and maintaining the list of GL accounts a company posts transactions against, including grouping and deactivating accounts.
- Set Up Your Chart of AccountsCovers the initial creation of the account list a company posts transactions against.
- Manage Account GroupingsCovers organizing accounts into higher-level groupings for reporting.
- Deactivate an AccountCovers retiring a GL account so it can no longer be posted to.
- Resolving General Ledger and Subledger DifferencesCovers finding and correcting a mismatch between a subledger balance and the general ledger.
- List & Create Accounts (API)Covers listing existing GL accounts or creating a new one through the API.
Will Rillet meet your chart of accounts needs? Build your requirements and perform a full analysis.
Build my requirements →Journal Entries in FX3
Covers posting manual journal entries in a non-functional currency and tracking the resulting unrealized gain or loss.
- Journal Entries in FXCovers posting a manual journal entry denominated in a foreign currency.
- Check Unrealized FX Gains/Losses on TransactionsCovers viewing the unrealized gain or loss accumulated on a foreign-currency transaction.
Will Rillet meet your journal entries in fx needs? Build your requirements and perform a full analysis.
Build my requirements →Intercompany4
Covers recording transactions and fees that pass between related subsidiaries so they net out correctly on consolidation.
- Create an Intercompany AccountCovers setting up the GL account used to track balances owed between subsidiaries.
- Create an Intercompany EntryCovers recording a transaction between two related subsidiaries.
- Create an Intercompany Management FeeCovers charging a management fee from one subsidiary to another.
Will Rillet meet your intercompany needs? Build your requirements and perform a full analysis.
Build my requirements →Metric Reports16
Covers the individual SaaS metric dashboards Rillet renders, such as MRR/ARR, churn, and retention.
- Metric Reports OverviewCovers the set of SaaS performance dashboards available in Rillet.
- MRR / ARR by Contract TypeCovers breaking down recurring revenue by the type of contract it comes from.
- MRR / ARRCovers the headline monthly and annual recurring revenue dashboard.
- ARR / CARR WaterfallCovers the report showing how ARR moved via new business, expansion, contraction, and churn.
- BookingsCovers the report of new contract value booked over a period.
- Metric Reports OverviewCovers the set of SaaS performance dashboards available in Rillet.
- MRR / ARR by Contract TypeCovers breaking down recurring revenue by the type of contract it comes from.
- MRR / ARRCovers the headline monthly and annual recurring revenue dashboard.
- ARR / CARR WaterfallCovers the report showing how ARR moved via new business, expansion, contraction, and churn.
- BookingsCovers the report of new contract value booked over a period.
- Net Revenue RetentionCovers the report measuring revenue retained and expanded within the existing customer base.
- NDR CohortCovers net dollar retention broken out by customer cohort.
- Logo RetentionCovers the percentage of customers retained, independent of revenue size.
- Customer CountCovers the report tracking total active customers over time.
- Churn RateCovers the report tracking the rate at which customers or revenue are lost.
- LTV to CACCovers the ratio comparing customer lifetime value to acquisition cost.
- New ACV vs. CACCovers comparing new annual contract value booked against acquisition cost.
- Magic NumberCovers the sales efficiency metric relating new revenue to prior-period sales and marketing spend.
- Burn MultipleCovers the ratio of net cash burned to net new recurring revenue added.
- Gross MarginCovers the report tracking gross margin over time.
Will Rillet meet your metric reports needs? Build your requirements and perform a full analysis.
Build my requirements →Bills & Payments7
Covers recording accounts-payable bills against vendors and the disbursements made to settle them.
- Create a BillCovers recording a new vendor bill for goods or services received.
- List & Get BillsCovers listing all bills or retrieving a single bill's detail.
- Update or Delete a BillCovers editing or removing a vendor bill record.
- Attach a Bill DocumentCovers uploading a source document, such as a scanned invoice, onto an existing bill.
- Record & Reverse Bill PaymentsCovers recording or undoing a disbursement made to settle a vendor bill.
- Create a BillCovers recording a new vendor bill for goods or services received.
- List & Get BillsCovers listing all bills or retrieving a single bill's detail.
- Update or Delete a BillCovers editing or removing a vendor bill record.
- Attach a Bill DocumentCovers uploading a source document, such as a scanned invoice, onto an existing bill.
- Record & Reverse Bill PaymentsCovers recording or undoing a disbursement made to settle a vendor bill.
- List Bill PaymentsCovers listing every payment recorded against a specific bill.
Will Rillet meet your bills & payments needs? Build your requirements and perform a full analysis.
Build my requirements →Flux Analysis8
Covers comparing account balances period over period to explain what moved and by how much, with AI assistance drafting the explanations.
- AI-Powered Flux AnalysisCovers Rillet drafting an explanation for a period-over-period account variance automatically.
- Use Flux Analysis to Review Account VariancesCovers reviewing which accounts moved most between two periods.
- Filter and Focus Your Flux Analysis ResultsCovers narrowing the flux view to specific accounts, subsidiaries, or dimensions.
- Configure Materiality Thresholds for Flux AnalysisCovers setting a dollar or percentage threshold below which a variance is not flagged.
- Generate AI Explanations for Flux Analysis Using Aura AICovers asking Aura to draft the written explanation behind a flagged variance.
- AI-Powered Flux AnalysisCovers Rillet drafting an explanation for a period-over-period account variance automatically.
- Use Flux Analysis to Review Account VariancesCovers reviewing which accounts moved most between two periods.
- Filter and Focus Your Flux Analysis ResultsCovers narrowing the flux view to specific accounts, subsidiaries, or dimensions.
- Configure Materiality Thresholds for Flux AnalysisCovers setting a dollar or percentage threshold below which a variance is not flagged.
- Generate AI Explanations for Flux Analysis Using Aura AICovers asking Aura to draft the written explanation behind a flagged variance.
- Edit and Approve Flux Analysis ExplanationsCovers revising and signing off on a variance explanation before it is finalized.
- Export Flux Analysis ResultsCovers exporting the flux analysis view for use outside Rillet.
Will Rillet meet your flux analysis needs? Build your requirements and perform a full analysis.
Build my requirements →Closing the Books3
Covers finalizing a period so its ledger balances are treated as locked and reportable.
- Close the BooksCovers the process of finalizing a period so it can no longer be edited.
- Get Last Closed Period (API)Covers retrieving the most recently closed accounting period via the API.
Will Rillet meet your closing the books needs? Build your requirements and perform a full analysis.
Build my requirements →Fixed Assets6
Covers tracking company-owned fixed assets from purchase through depreciation and eventual disposal.
- Set Up Fixed Assets in RilletCovers the initial configuration needed before fixed assets can be tracked.
- Create a New Fixed AssetCovers registering a new fixed asset and its depreciation schedule.
- Fixed Asset Bill CreditsCovers applying a vendor credit against the original purchase of a fixed asset.
- Fixed Asset DisposalsCovers writing off or selling a fixed asset and recording the resulting gain or loss.
- Fixed Asset Materiality ThresholdsCovers the dollar threshold below which a purchase is expensed rather than capitalized.
Will Rillet meet your fixed assets needs? Build your requirements and perform a full analysis.
Build my requirements →FX Account Setup3
Covers the one-time setup of the ledger accounts and rate sources needed before foreign-currency transactions can be processed.
- Set Up Accounts for FX Revaluation & TranslationCovers configuring the ledger accounts used for both FX revaluation and translation adjustments.
- Where Does Rillet Get FX Rates?Covers the source Rillet uses for daily foreign exchange rates.
Will Rillet meet your fx account setup needs? Build your requirements and perform a full analysis.
Build my requirements →Budget vs Actuals5
Covers uploading a budget and comparing it against actual ledger results.
- Review the Budget vs Actuals ReportCovers reading the comparison between budgeted and actual figures.
- Understand Budget vs Actuals GroupingsCovers how line items are grouped for comparison purposes.
- Upload a Budget to RilletCovers importing a budget file so it can be compared against actuals.
- Fix Budget Upload Errors and Replace Existing DataCovers correcting a failed budget import and replacing previously uploaded figures.
Will Rillet meet your budget vs actuals needs? Build your requirements and perform a full analysis.
Build my requirements →Other capabilities14
- Intro to the Close ChecklistCovers how to create, track, and complete the tasks needed to close a period.
- Lock and Unlock SubledgersCovers locking AR, AP, or GL activity at the subsidiary or column level once a period is ready to close, and later unlocking it if needed.
- Bills in FXCovers the general handling of vendor bills issued in a foreign currency.
- Bulk ReclassCovers finding and updating the GL account or dimension tags on many transactions at once.
- Create and Apply Allocations In RilletCovers defining a rule that automatically splits a shared cost across departments or cost centers and applying it to transactions.
- Intro to the Close ChecklistCovers how to create, track, and complete the tasks needed to close a period.
- Lock and Unlock SubledgersCovers locking AR, AP, or GL activity at the subsidiary or column level once a period is ready to close, and later unlocking it if needed.
- Bills in FXCovers the general handling of vendor bills issued in a foreign currency.
- Bulk ReclassCovers finding and updating the GL account or dimension tags on many transactions at once.
- Create and Apply Allocations In RilletCovers defining a rule that automatically splits a shared cost across departments or cost centers and applying it to transactions.
- CTA Adjustment Process in RilletCovers the automatic monthly cumulative translation adjustment recorded to equity for foreign subsidiaries.
- Audit Logging and Activity HistoryCovers the record of who changed what and when across the workspace.
Will Rillet meet your other capabilities needs? Build your requirements and perform a full analysis.
Build my requirements →The Rillet Evaluation Kit
An independent assessment of Rillet — strengths, gaps and real pricing — plus a requirements template you can score its finance & accounting against alongside every other system on your shortlist.
Rillet Evaluation Kit
2026 Edition · PDF guide + XLSX template
ERP Research
- Buyer's guide (PDF): Rillet independently assessed — where it is strong, where it is not, and what it actually costs
- Requirements template (XLSX): weight your requirements and score vendors side by side
- Structured by module, so finance & accounting sits alongside the rest of your scope
- The questions to put to the vendor and to implementation partners
Rillet Evaluation Kit
Rillet add-ons & integrations
Extend Rillet with best-of-breed software that integrates with it:
Finance & Accounting — strength by vendor
| Vendor | Strength | Best for | Starting price | Implementation | Actions |
|---|---|---|---|---|---|
 | ★★★ strong | Mid-market and standardised enterprises wanting fast time-to-value | $180/user/mo | 3–6 months | |
| ★★★ strong | Large, complex enterprises needing deep customisation and controlled upgrades | Custom | 6–18 months | |
| ★★★ strong | Small to midsize businesses wanting SAP reliability | $95/user/mo | 3–6 months | |
| ★★★ strong | Midsize companies or subsidiaries needing cloud-first SAP | $120/user/mo | 4–8 months | |
 | ★★★ strong | Fast-growing mid-market companies wanting unified cloud ERP | $99/user/mo | 4–9 months | |
 | ★★★ strong | Large enterprises moving from on-premise Oracle to cloud | Custom | 9–18 months | |
 | ★★★ strong | Mid-to-large companies in the Microsoft ecosystem | $50/user/mo | 6–14 months | |
 | ★★★ strong | Midsize companies wanting unlimited users and flexible cloud ERP | Custom | 4–8 months |
Evaluating finance & accounting on Rillet
What to put in front of the vendor before you commit.
- 1Multi-entity and multi-currency support
- 2Real-time financial consolidation
- 3Automated revenue recognition (ASC 606)
- 4Built-in audit trails and compliance controls
- 5Integration with banking and payment systems
Rillet starts at a custom quote with a typical total cost of Not publicly disclosed and a 4–10 weeks implementation.
Full Rillet pricing breakdown →Need help evaluating Rillet finance & accounting?
Tell us what you need it to do and we'll help you work out whether Rillet is the right fit — and which partners have done it before.
Rillet Finance & Accounting FAQ
Does Rillet have a structured month-end close process?
Yes — Close Management provides task checklists, subledger locking, accrual workflows, variance analysis, and bulk transaction reclassification, aimed at shortening close cycles for SaaS finance teams moving off spreadsheet-heavy processes.
How does Rillet get bank data into the ledger?
Bank Feeds supports getting transaction data into Rillet via a live feed, manual CSV, or the API, with the ability to exclude or configure individual transactions and accounts before they hit the books.
Can Rillet reclassify transactions in bulk during close?
Yes — bulk transaction reclassification is part of Close Management, letting finance teams correct miscoded entries across many transactions at once rather than editing them individually, which matters for companies with high transaction volume.
Does Rillet support accrual accounting workflows?
Yes — accrual workflows sit within Close Management alongside checklists and variance analysis, reflecting Rillet's positioning as an automated-close platform for SaaS and subscription businesses rather than a basic bookkeeping tool.
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