TrueRev is a revenue subledger, meaning it tracks every revenue-related transaction in detail, maintains supporting schedules, and produces auditable journal entries for revenue recognition.
QuickBooks, on the other hand, is a general ledger system—it records summarized financial data but lacks the specialized functionality needed to manage complex revenue schedules, contract changes, or audit trails.
This distinction is critical because without a dedicated subledger like TrueRev, companies tend to rely on spreadsheets, which create risks such as revenue misstatements, delayed closes, and painful audits.
TrueRev ensures accuracy and transparency by acting as the single source of truth for revenue. TrueRev should become your subledger for revenue. Our team can assist with reconciliation during onboarding and audit preparation.