Revenue (Tables)

12 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Subscription and Transaction Fees Disaggregated by Customer Category

The table below shows the Company’s revenue from subscription and transaction fees, which are disaggregated by sales channel, and revenue from interest on funds held for customers (in thousands).

	Year ended June 30,
	2023		2022		2021
SMBs, accounting firms, spending businesses and other	$	901,602	$	603,171	$	218,227
Financial institutions	43,108		30,194		14,028
Total subscription and transaction fees	944,710		633,365		232,255
Interest on funds held for customers	113,758		8,594		6,010
Total revenue	$	1,058,468	$	641,959	$	238,265

Summary of Deferred Costs

Deferred costs consisted of the following as of the dates presented (in thousands):

	June 30,
	2023		2022
Deferred sales commissions:
Current	$	6,523	$	5,460
Non-current	12,317		9,187
Total deferred sales commissions	$	18,840	$	14,647
Deferred service costs:
Current	$	904	$	720
Non-current	2,221		3,433
Total deferred service costs	$	3,125	$	4,153