Building Keystones: Revenue Recognition in Software Delivery
Jan 19, 2012
Revenue recognition for software products can be a complex topic. This week’s blog post simplifies the subject by providing guidelines to incorporate an e-commerce system correctly with an accounting system.
Guidance from an accounting team is required for correct revenue recognition in e-commerce transactions. In the latest Building Keystones post, Chief Blogger Craig Vodnik focuses on the complex topic of revenue recognition in the e-commerce industry. “Revenue Recognition in Software Delivery,” offers advice to ensure that the products in the e-commerce system are configured properly with an accounting structure.
Take a look at an excerpt from the post:
From an e-commerce perspective, the important part is to ensure that the products in the e-commerce system are configured properly so that when a sale is made the transaction is reported back to the accounting system with the correct link.
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