ASC 340-40 commission accounting, done for you
Send us your commission payouts and contract terms. QuotaLedger's engine turns them into capitalization and amortization schedules, monthly journal entries and a rollforward that ties to every deal and payout, and a specialist reviews every close.
See it run live on sample data and talk through your close.
The problem
Commissions must be capitalized
Under ASC 340-40, incremental costs of obtaining a contract, like sales commissions, are generally capitalized and amortized over the period of benefit, not expensed when paid.
Your comp tool pays reps, not the ledger
CaptivateIQ calculates payouts well, but audit-ready 340-40 schedules usually need a dedicated 606 build on top of the payout build, and the contract dates and benefit periods often aren't in it.
Spreadsheets break at close
Clawbacks, renewals, late-paid commissions and plan changes pile up in a workbook that one person understands, until the auditors ask for the rollforward.
How it works
Your payout file in. Capitalization schedules and ready-to-post journal entries back, all reconciled, and reviewed by a specialist every close.
What a close looks like (sample data)
See a full close run live on sample data.
What you get
Implementation and setup
606 / 340-40 schedule setup around your commission tool, including the data fields it needs: contract start and end dates and the benefit period.
Monthly amortization and JEs
Amortization by contract and journal-entry support for each close, in a format your accounting team can book.
A rollforward that ties out
Opening balance, additions, amortization and closing balance of capitalized commissions, traceable back to each deal and payout.
Exception reports
Late-paid commissions, renewals and records with missing contract terms, flagged every month instead of discovered at year end.
Who it's for
Finance and accounting teams
Controllers and accounting leads at SaaS and sales-led companies who need commission capitalization handled every close without building it themselves.
CaptivateIQ customers
Teams already paying reps in CaptivateIQ who need the accounting side of those payouts done right.
CIQ implementation partners
Partners whose clients ask for 606 support during or after a commission build.
Your data: a file export is all we need, with no access to your systems. It's used only to produce your schedules and deleted on request.
Prefer to write first?
You can book a 30-minute walkthrough directly, or tell us about your setup here, or mention that you'd like to send a sample export, and we'll reply by email with next steps within one business day. Prefer email? Write to [email protected]. Please don't include payout files in this form.
QuotaLedger output is software output, not accounting, audit or tax advice. Your company and its auditors remain responsible for its financial statements.