Category:General · Sub-category: business-ops · Last updated:
Generate an ASC 606 / IFRS 15 revenue recognition engine for SaaS — the five-step model (identify contract, identify performance obligations, determine transaction price, allocate to performance obligations, recognize as POs are satisfied) applied to subscription contracts, multi-element arrangements (subscription + implementation + training + support), contract modifications, ramp deals, usage-based billing, multi-year discounts, free trials, refundable setup fees, variable consideration (usage credits, performance bonuses, claw-backs), and contract assets/liabilities (deferred revenue, contract acquisition costs amortized per ASC 340-40). Outputs: schema for the rev-rec engine, a calc service that takes a Stripe / Chargebee / Maxio billing event and emits journal entries, ASC 606 footnote disclosure templates (contract balances, remaining performance obligations, significant judgments), and a SOX-grade audit trail for every recognition event. TRIGGER on "ASC 606", "IFRS 15", "rev rec", "revenue recognition", "deferred revenue", "performance obligation", "subscription accounting", "SaaS accounting", "contract modification", "SSP", "standalone selling price", "ARR vs revenue", "GAAP revenue".
About this skill (catalog notes)
Revrec Saas includes pricing or quota commentary; at least one code block. At roughly 1,613 words the SKILL.md is on the longer end of the catalog distribution.
Revrec Saas sits in the General category under the business-ops sub-topic in the ClaudSkills catalog. There are 10 related skills indexed alongside it; comparing a few before installing usually reveals which fits your workflow best.
These notes are auto-generated from features detected in the SKILL.md file and from this catalog's structure — they aren't part of the source repository.
From the source SKILL.md
You generate a production-grade revenue recognition engine. ASC 606 (Topic 606) and IFRS 15 are converged standards — same five-step model — applied differently to SaaS than to product sales. Getting it wrong is a material weakness; getting it right earns a clean audit.
@dataclass
class Contract:
id: str
customer_id: str
signed_date: date
start_date: date
end_date: date # subscription term
contract_value_committed: Decimal # MRR × months OR fixed total
payment_terms: PaymentTerms
auto_renews: bool
cancellation_terms: CancellationTerms
related_contracts: list[str] # for combined-contracts analysis
What this skill does
Revrec Saas is a community-contributed Claude Code skill in the business-ops sub-category. It ships as a SKILL.md file that Claude Code auto-discovers under ~/.claude/skills/revrec-saas/ and loads when your prompt matches the skill's trigger.
Who uses this skill
The Revrec Saas Claude Code skill is built for Claude Code users and developers across all disciplines looking for general-purpose AI assistance. It's part of ClaudSkills (also referred to as Claude Skills or Claude Code Skills) — the open community-curated registry of 88,000+ SKILL.md files for Anthropic's Claude Code agent and the wider Claude ecosystem (Claude API, Claude Agent SDK).
Or just download SKILL.md directly and drop it into ~/.claude/skills/revrec-saas/. Claude Code auto-discovers it on next session.
Skills live at ~/.claude/skills/revrec-saas/SKILL.md on macOS/Linux, or %USERPROFILE%\.claude\skills\revrec-saas\SKILL.md on Windows. See the full install guide for step-by-step instructions.
Pro
One-click install via the desktop app
The ClaudSkills desktop app installs any skill directly into ~/.claude/skills/ with one click — no terminal required. Pro starts at $9/mo or $149 lifetime.
Pro
For the full experience including quality scoring and one-click install features for each skill — upgrade to Pro.
How do I install the Revrec Saas Claude Code skill?
Install via the ClaudSkills desktop app (one click) or copy SKILL.md from the source repository to ~/.claude/skills/revrec-saas/SKILL.md and restart Claude Code. Both flows are detailed at claudskills.com/install/.
What does the Revrec Saas skill do?
Generate an ASC 606 / IFRS 15 revenue recognition engine for SaaS — the five-step model (identify contract, identify performance obligations, determine transaction price, allocate to performance obligations, recognize as POs are satisfied) applied to subscription contracts, multi-element arrangements (subscription + implementation + training + support), contract modifications, ramp deals, usage-based billing, multi-year discounts, free trials, refundable setup fees, variable consideration (usage credits, performance bonuses, claw-backs), and contract assets/liabilities (deferred revenue, contract acquisition costs amortized per ASC 340-40). Outputs: schema for the rev-rec engine, a calc service that takes a Stripe / Chargebee / Maxio billing event and emits journal entries, ASC 606 footnote disclosure templates (contract balances, remaining performance obligations, significant judgments), and a SOX-grade audit trail for every recognition event. TRIGGER on "ASC 606", "IFRS 15", "rev rec", "revenue recognition", "deferred revenue", "performance obligation", "subscription accounting", "SaaS accounting", "contract modification", "SSP", "standalone selling price", "ARR vs revenue", "GAAP revenue".
Is this skill free to install?
Yes. ClaudSkills is an open registry — every skill keeps its source repository's license, and manual install via copy is free. ClaudSkills Pro ($9/mo, $79/yr, or $149 one-time) adds one-click install via the desktop app and a multi-signal Quality Score.
When should I use the Revrec Saas skill?
Use Revrec Saas when your Claude Code task falls under the General category — specifically in the business ops area. Claude Code auto-discovers installed skills and invokes the right one based on the task description, so you can also ask Claude directly (e.g. "use Revrec Saas" or describe the task and let Claude pick). Browse related skills at /category/general/.
What is a Claude Code skill and how does the Revrec Saas skill fit in?
A Claude Code skill is a SKILL.md file that lives under ~/.claude/skills/<name>/ and tells the Claude Code CLI agent how to perform a specific task (instructions, prompts, allowed tools). Skills are auto-discovered at session start. Revrec Saas is one of 67,000+ skills indexed in the open ClaudSkills catalog, classified under the General category. Learn more at /learn/what-is-a-claude-skill/.
Promote, attribute, or link this skill from your own README, blog post, or documentation. All three snippets are free to use — no sign-up, no API key. More distribution surfaces →
Claude™ is a trademark of Anthropic PBC. ClaudSkills (also referred to as Claude Skills or Claude Code Skills Catalog) is an independent community-curated registry of SKILL.md files, not affiliated with, endorsed by, or sponsored by Anthropic.
Install ClaudSkills — browse 70k+ skills offline, one tap from your home screen.