Road to Revenue: Our Final Stop – Let’s Recognize Revenue
We made it to the final stop! Is it time to actually recognize revenue now? Well, let’s see. What does it actually take to be able to recognize revenue? How Do You Recognize Revenue? Simply put — satisfy your performance…
Read moreRoad to Revenue: Our Fourth Stop – Allocating Your Price
Here we are again, back on the road to revenue. You’ll remember that we are working our way down the revenue road looking at ASC 606 (that’s accounting lingo for “Revenue from Contracts with Customers”). Up to this point we’ve…
Read moreRoad to Revenue: Our Third Stop – The Transaction Price
We’ve covered quite a bit of ground on our road to revenue thus far. At our first stop we determined whether we have a contract with a customer, we learned what a contract was and what a customer was. At…
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