• REVENUE
  • LIABILITY
  • COMPLIANCE
  • HUMAN

How to calculate recognized and deferred revenue with your AI

Connect your AI to your financial data once. Your agent then handles the math for revenue recognition and deferred balances.

Ask AI about this page

Short answer

How can I use AI to calculate recognized and deferred revenue?

Your AI uses the percentage of completion for each project to split contract values into recognized and deferred portions. It applies US GAAP or IFRS 15 logic to ensure your books stay compliant. You'll get a clear breakdown of current revenue and upcoming liabilities.

The outcomes of this task.

Where your data lands.

Once you run the calculation, your AI produces these specific results.

REVENUE

Recognized revenue totals

The AI calculates how much revenue you can claim this period based on work completed. It pulls these figures from your project progress data.

LIABILITY

Deferred revenue balances

Your agent identifies the remaining contract value that hasn't been earned yet. This becomes your deferred revenue liability.

COMPLIANCE

Standard-aligned reports

The math follows US GAAP or IFRS 15 rules depending on your setup. You get a clear audit trail for your recognition logic.

HUMAN

Review and adjustment

The AI flags any discrepancies or unusual completion percentages. You decide if the calculated amounts need manual overrides.

The workflow

What your AI does when the data arrives.

The AI processes your project data through a specific sequence to ensure the math is right.

  1. Analyze project progress

    The agent looks at your project logs to find the current percentage of completion for every active contract.

    calculate_revenue_recognition

  2. Apply accounting logic

    It maps the completion percentage against the total contract value using the specific rules of your chosen accounting standard.

    calculate_revenue_recognition

  3. Split the amounts

    The AI separates the earned portion from the unearned portion for every line item.

    calculate_revenue_recognition

  4. Generate summary

    It organizes the recognized and deferred totals into a format you can use for your financial statements.

    calculate_revenue_recognition

Try it

Copy these to start.

Use these prompts to kick off the calculation process.

Starting points

Swap out the bracketed text with your specific project names or spreadsheet locations.

US GAAP Revenue Engine Connector

You're all set. Choose your MCP client and follow the setup instructions.

Connector linkhttps://edge.vinkius.com/vk_preview_E1pVyqERFLHVB16xcaa8A5d0yZkBdM62EpqXDh5T/mcp

Claude Desktop

Follow the steps below to connect in seconds.

  1. 1In Claude Desktop, open Settings → Connectors.
  2. 2Click “Add custom connector” and paste the connector link above as the remote MCP server URL.
  3. 3Click Add and start a new chat — US GAAP Revenue Engine capabilities are ready to use.
Configuration · claude_desktop_config.jsonCopy
{
  "mcpServers": {
    "us-gaap-ifrs-15-revenue-recognition-mcp": {
      "url": "https://edge.vinkius.com/vk_preview_E1pVyqERFLHVB16xcaa8A5d0yZkBdM62EpqXDh5T/mcp"
    }
  }
}
Copy into chat04

  • Calculate the recognized revenue for the 'Global Tech Expansion' project based on its 65% completion.

  • Show me the deferred revenue balance for all contracts in my 'Q3 Services' sheet.

  • Using IFRS 15, what is the deferred revenue for the 'Cloud Migration' contract?

  • Compare the recognized revenue for 'Project Alpha' and 'Project Beta' based on their current progress.

  • Claude
  • ChatGPT
  • Cursor
  • VS Code
  • Windsurf
  • Claude Code
  • JetBrains
  • Cline

Start here

Connect US GAAP & IFRS 15 Revenue Recognition once, then ask.

Just link the MCP to your client. Your credentials stay encrypted and you can start asking questions immediately.

Connect US GAAP & IFRS 15 Revenue Recognition to your AI

FAQ

How this task behaves.

  • 01

    Can the AI post these entries directly to my ERP?

    No. The AI calculates the amounts and provides the data, but you must manually review and post the entries to your accounting software.

  • 02

    Does the AI decide which accounting standard to use?

    No. You must tell the AI whether to use US GAAP or IFRS 15 in your prompt.

  • 03

    Can it handle multi-element arrangements?

    Yes, as long as you provide the breakdown of the different performance obligations within the project data.

  • 04

    Will the AI change my original contract values?

    No. The AI only reads your data to perform calculations; it cannot modify your source files or contract records.

  • 05

    What happens if the percentage of completion is missing?

    The AI will tell you it cannot complete the calculation and will ask you to provide the missing progress data.

  • More questions about US GAAP & IFRS 15 Revenue Recognition? The Connector page answers them. See everything the US GAAP & IFRS 15 Revenue Recognition Connector can do

Connect US GAAP Revenue Engine to Claude, Cursor, ChatGPT & more