--- title: Universal Accounting Record | Leapfin description: Unify transactions and the entire transaction journey into a standardized, reportable format in a centralized system of record. image: https://www.leapfin.com/hubfs/preview-card-22FEB2024.png --- Joining Airwallex: Leapfin's Exciting Next Chapter [ Read the Announcement ](https://www.leapfin.com/blog/leapfins-next-chapter-joining-airwallex) ![icon_universal](https://www.leapfin.com/hubfs/icons/icon_universal.svg) # **Universal** Accounting Record Unify transactions and the entire transaction journey into a standardized, reportable format in a centralized system of record. [ Get a Demo ](https://www.leapfin.com/get-a-demo) [ Product Tour ](https://www.leapfin.com/on-demand-product-tour/recording) ![Screenshot-2023-09-26-at-1.41.27-PM](https://www.leapfin.com/hs-fs/hubfs/Screenshot-2023-09-26-at-1.41.27-PM.png?width=828&height=556&name=Screenshot-2023-09-26-at-1.41.27-PM.png) ## Ease revenue recognition with standardized and complete data Account for every step of the transaction journey in one place including adjustments, data relationships, and sources. Leapfin standardizes different transaction formats across source systems into a Universal Accounting Record that eases accounting, without spreadsheets. ![Transaction-Journal-Entries-Tab](https://www.leapfin.com/hs-fs/hubfs/Transaction-Journal-Entries-Tab.png?width=1440&height=1024&name=Transaction-Journal-Entries-Tab.png) ## Report on data trends and anomalies with ease Filter and search across transaction data along different parameters like transaction type, currency, date, or product to easily create trend reports or spot anomalies. Monitor trends like discount use or disputes and other types of transactions, too. ![Summary-1](https://www.leapfin.com/hs-fs/hubfs/Summary-1.png?width=1440&height=1024&name=Summary-1.png) ## Access real-time data, without waiting Close and report revenues every day. Leapfin extracts transaction data from your payment and billing systems as frequently as daily and you can view the data process as it comes in. ![Freshness-Page](https://www.leapfin.com/hs-fs/hubfs/Freshness-Page.png?width=1440&height=927&name=Freshness-Page.png) ## Integrate your transaction processing systems without engineering Create a holistic view of every transaction in your business by integrating your payment, billing, or other transaction processing systems into Leapfin with native integrations and open APIs. Take back data control, with all your transaction data flowing into one place. ![Group-49](https://www.leapfin.com/hs-fs/hubfs/Group-49.png?width=1440&height=926&name=Group-49.png) ## Trust the data in your systems Lock transactions to specific periods to report the right revenue numbers, at the right time. Leapfin also locks data into an immutable record to avoid tampering or errors. To secure data from prying eyes, Leapfin follows industry-leading security standards including SOC 1 & SOC 2 Type 1 compliance standards. [ Learn about our security approach ](https://www.leapfin.com/policy/security-and-governance/) ![Screenshot-2023-09-26-at-1.49.49-PM](https://www.leapfin.com/hs-fs/hubfs/Screenshot-2023-09-26-at-1.49.49-PM.png?width=866&height=256&name=Screenshot-2023-09-26-at-1.49.49-PM.png) - ![headshot_alicia-arntson](https://www.leapfin.com/hs-fs/hubfs/headshot_alicia-arntson.png?width=1104&height=1104&name=headshot_alicia-arntson.png) This isn’t just about automation. It’s about giving our team a system we trust, and the time and space to focus on higher-value work. I’m such a fan. I can’t say enough good things about Leapfin. It has been a huge win for us. Alicia Arntson, CPA VP, Controller, Eight Sleep ![logo_eightsleep-1](https://www.leapfin.com/hubfs/logo_eightsleep-1.svg) [ Read Eight Sleep's Story ](https://www.leapfin.com/story/eight-sleep) - ![headshot_brian-cheung](https://www.leapfin.com/hs-fs/hubfs/headshot_brian-cheung.jpg?width=849&height=849&name=headshot_brian-cheung.jpg) I finally feel like I can fully support the numbers I’m posting to NetSuite every month. If someone asks, I don’t need to explain assumptions – I just pull the report in Leapfin. Brian Cheung Sr. Manager, Accounting, GoodRx ![logo_goodrx](https://www.leapfin.com/hubfs/logo_goodrx.svg) [ Read GoodRx's Story ](https://www.leapfin.com/story/goodrx) - ![headshot_rebecca-wang](https://www.leapfin.com/hs-fs/hubfs/headshot_rebecca-wang.png?width=400&height=400&name=headshot_rebecca-wang.png) Leapfin is like our digital glue. It connects all of our financial data sources together so our team isn’t spending time manually tying everything out. Rebecca Wang VP Finance Corporate Controller, Guideline ![logo_guideline](https://www.leapfin.com/hubfs/logo_guideline.svg) [ Read Guideline's Story ](https://www.leapfin.com/story/guideline) - ![headshot_rodrigo-brumana](https://www.leapfin.com/hs-fs/hubfs/headshot_rodrigo-brumana.jpeg?width=450&height=450&name=headshot_rodrigo-brumana.jpeg) With Leapfin, we are faster, we are more accurate, and we are drama-free. It's transformed our close process. No surprises, no last-minute scrambles. Everything just runs smoothly. Rodrigo Brumana CFO, Poshmark ![logo_poshmark](https://www.leapfin.com/hubfs/logo_poshmark.svg) [ Watch Rodrigo's Keynote ](https://transform.leapfin.com/2025) - ![lindsay-remigio](https://www.leapfin.com/hs-fs/hubfs/lindsay-remigio.jpeg?width=800&height=800&name=lindsay-remigio.jpeg) The feed from Leapfin to NetSuite works seamlessly. It's something that we don't have to worry about anymore. Lindsay Remigio Sr. Manager, Revenue Accounting, Reddit ![logo_reddit](https://www.leapfin.com/hubfs/logo_reddit.svg) [ Read Reddit's Story ](https://www.leapfin.com/story/reddit) - ![headshot_melissa-tuttle](https://www.leapfin.com/hs-fs/hubfs/headshot_melissa-tuttle.jpeg?width=277&height=277&name=headshot_melissa-tuttle.jpeg) The consolidated view of our revenue in Leapfin is fantastic. In literally one click we can easily see change month to month. And, because every single transaction is right there, we can dig into details for any explanation we may need. Melissa Tuttle Director of Accounting Systems, Outside ![logo_outside](https://www.leapfin.com/hubfs/logo_outside.svg) [ Read Outside Interactive's Story ](https://www.leapfin.com/story/outside-interactive) - ![Melissa Lee](https://www.leapfin.com/hs-fs/hubfs/melissa-lee.png?width=500&height=544&name=melissa-lee.png) Leapfin helped parse out and make sense of the data that already existed. Simple searches in Leapfin make it easy to track things like refunds, revenue stream trends, and month-to-month movements. Without reporting bottlenecks, Canva is no longer vulnerable to surprises at month-end. Melissa Lee Corporate Controller, Canva ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg) [ Read Canva's Story ](https://www.leapfin.com/story/canva) - ![ian-booler](https://www.leapfin.com/hs-fs/hubfs/ian-booler.jpeg?width=150&height=150&name=ian-booler.jpeg) With Leapfin, we didn’t need to increase headcount significantly to account for our growth. We were able to double transactions, especially during peak seasons, without growing the accounting team. Ian Booler VP of Finance, Altitude Sports ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg) [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports) - ![minnie-luo](https://www.leapfin.com/hs-fs/hubfs/minnie-luo.jpeg?width=206&height=206&name=minnie-luo.jpeg) Before Leapfin, our reporting processes relied heavily on Excel, and close took up to 90 days. Now, we can close in just 5 days because Leapfin automates our entire data process and revenue reporting so that we can report accurate, validated financials at the end of the month. Minnie Luo CPA, Director of Revenue Operations, Top Hat ![logo_top-hat](https://www.leapfin.com/hubfs/logo_top-hat.svg) [ Read Top Hat's Story ](https://www.leapfin.com/story/top-hat) - ![damien-singh](https://www.leapfin.com/hs-fs/hubfs/Canva%20images/damien-singh.jpeg?width=800&height=800&name=damien-singh.jpeg) If you’re a high complexity high transaction volume business, Leapfin is a no brainer. Damien Singh CFO, Canva ![logo_canva](https://www.leapfin.com/hubfs/logo_canva.svg) [ Read Canva's Story ](https://www.leapfin.com/story/canva) - ![headshot_joe-blanchett_large](https://www.leapfin.com/hs-fs/hubfs/headshot_joe-blanchett_large.png?width=448&height=448&name=headshot_joe-blanchett_large.png) Leapfin has completely transformed our month-end close process, eliminating 4 days of manual work, with its ability to handle hundreds of millions of transactions and transform them into a subledger. Joe Blanchett Director, Business Systems, SeatGeek ![logo_seat-geek](https://www.leapfin.com/hubfs/logo_seat-geek.svg) [ Watch Joe's Testimonial ](https://www.leapfin.com/videos/how-seatgeek-converts-stripe-data-into-journal-entries) - ![Jason Grenier Altitude Sports](https://www.leapfin.com/hs-fs/hubfs/Jason%20Grenier%20Altitude%20Sports.jpeg?width=200&height=200&name=Jason%20Grenier%20Altitude%20Sports.jpeg) The consistency and quality of data we get with Leapfin is excellent. The reduction in our month-end close time has freed up our team to focus on meaningful analysis, driving better business decisions. Jason Grenier CFO, Altitude Sports ![logo_altitude-sports](https://www.leapfin.com/hubfs/logo_altitude-sports.svg) [ Read Altitude Sports' Story ](https://www.leapfin.com/story/altitude-sports) [ Read Customer Stories ](https://www.leapfin.com/customers) ### Start unifying and transforming your transaction data today. [ Get a Demo ](https://www.leapfin.com/get-a-demo) Leapfin is the trusted AI infrastructure that powers your entire record-to-report process at scale. Leapfin helps companies accurately account for and report on revenue by standardizing large volumes of siloed, inconsistent operational data into usable, GAAP-ready financials and automating manual accounting tasks.  ![SOC Compliance Badge](https://www.leapfin.com/hubfs/logos%20-%20external/badge_SOC.svg) [![icon_LI](https://www.leapfin.com/hubfs/logos%20-%20external/icon_LI.svg) ](https://www.linkedin.com/company/leapfin/)[![icon_FB](https://www.leapfin.com/hubfs/logos%20-%20external/icon_FB.svg) ](https://www.facebook.com/leaptechnologiesinc)[![icon_TW](https://www.leapfin.com/hubfs/logos%20-%20external/icon_TW.svg) ](https://twitter.com/leapfin)[![icon_YT](https://www.leapfin.com/hubfs/icon_YT.svg) ](https://www.youtube.com/@Leapfin) Copyright © 2026 Leap Technologies. All Rights Reserved.